The spirits market in Finland, which had negative compound annual growth rate (CAGR) from 2006-11, will continue to be negative but at a much lower rate, finds a report by Canadean – Wine & Spirits.
Coca-Cola Icecek held an analyst day in Istanbul yesterday. Management reiterated medium-term growth guidance, highlighted key expansion drivers, and provided an update on the leverage restructuring.
Orange-juice futures climbed to a seven-month high on speculation that damage to citrus groves from dry weather in Florida will be more extensive than the government forecast.
Beverage and snacks maker PepsiCo is set to roll out flagship juice brand Tropicana in a powder format, pitching it directly against global rival Cadbury-Kraft.
The U.S. Air Force has launched a comprehensive study on consumption of energy drinks among active duty and civilian personnel as federal regulators investigate the safety of the burgeoning market.
Slane Castle Irish Whiskey has sought permission from local government to construct a new whiskey distillery at their unused stable yards in Slane, Ireland.
Smoothie and juice bar franchise Robeks plans to open the 12th store of Connecticut in Danbury, as part of strategy to strengthen its brand presence in the state.