PepsiCo lowers 2025 earnings forecast
PepsiCo today (24 April) cut its forecast for its core earnings in 2025, citing the impact of tariffs and increased …
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Rising levels of ‘forever chemical’ TFA found in European wines – study
Increasing levels of the trifluoroacetic acid (TFA) 'forever chemical' have been detected in European wines produced since 2010, according to …
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Keurig Dr Pepper strike in Iowa ends with wage deal
More than 100 factory workers at Keurig Dr Pepper’s Iowa facility returned to work today (24 April), ending a strike …
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UK iced tea brand Harry Brompton’s receives £2m investment
The UK's Harry Brompton's Iced Tea has received a £2m ($2.7m) investment from the Leeds-based private investor Traditum. The iced tea …
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Sweden’s small brewers, distillers get sales boost – with caveat
In a break from state-run monopolies, small brewers, vintners and distillers in Sweden will be allowed to sell alcoholic drinks …
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Nestlé delivers cautious tone on outlook as uncertainties abound
Nestlé has stuck with its full-year outlook despite inferring that consumers are stretched and have yet to feel the impact …
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How brands can win in the US ‘vibecession’
The average US consumer is feeling financially stretched, squeezed and uncertain. In a word – they’re beleaguered. The economic optimism that …
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JP Morgan, KPMG lead consumer M&A adviser rankings – data
JP Morgan and KPMG lead two league tables devised by GlobalData after analysing the M&A that took place in the …
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Kenya cider maker African Originals eyes more markets after Uganda launch
Kenyan drinks group African Originals has eyes on further expansion on the continent after entering Uganda with the launch of …
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Next week: Prague hosts Just Drinks’ annual beer conference
Executives from AB InBev, Asahi, Heineken are to feature at Just Drinks’ annual International Beer Strategies event, which kicks off …
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Australia’s Brownes Dairy put up for sale
Australia's Brownes Dairy has been put up for sale, the restructuring advisory firm hired to oversee the process has confirmed. According …
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FDA ‘suspends milk testing programme due to staff cuts’
The US Food and Drug Administration (FDA) has reportedly suspended a quality control programme for the testing of fresh milk …
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Kandhari Global Beverages deal for Hindustan Coca-Cola assets gets green light
India’s competition watchdog has waved through Kandhari Global Beverages’ acquisition of a set of assets from Hindustan Coca-Cola Beverages. In a …
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Drinks giants’ moves in no-and-low alcohol
While still a small part of the global alcoholic drinks industry, the market for non-alcoholic alternatives continues to grow – …
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Nestlé to invest in Vietnam coffee facility
Nestlé is injecting a VND1.9trn ($73bn) sum into a coffee production site in Vietnam. In a statement, the company said the …
