Italian drinks maker Campari expects business to improve gradually in the second half of this year after a regulatory change and one-off restructuring charges hit earnings in the first six months.
Jamba Inc has reported total revenue of $67.3m, an increase of 1.9%, in the second quarter (Q2) ended 2 July 2013 compared to $66m during the same period in 2012.
Fine Wine & Good Spirits, a chain of stores operated by the Pennsylvania Liquor Control Board (PLCB), has posted revenues of $2.17bn in the fiscal year (FY) 2012-13, up $93m or 4.5%, against the revenues of FY 2011-12.
Tea brands need quality boost to expand tea export turnover in the first half of 2013 increased 3.3 percent over the same period last year to reach 94 million USD, despite export volume slipping by 0.4 percent.
Tata Global Beverages, an India-based multinational non-alcoholic beverages company, plans to give global push to power brands - Tetley, Tata Tea, Himalayan and Eight O' Clock Coffee.
Arla Foods has completed the sale of British milk drinks business Crediton Dairy to a management buy-out team led by Neil Kennedy and Tim Smiddy after obtaining of European Commission (EC) approval.
Manchester United has announced a multi-year sponsorship agreement in the Asia-Pacific region with American multi-national food and beverage company PepsiCo.
Peet's Coffee & Tea, a US-based specialty coffee and tea company, plans to open more than 90 new stores over the next 18 months in eight US markets across the Midwest and East Coast.
Marley Coffee, a US-based ethically farmed and artisan roasted gourmet coffee company, has inked into a letter of intent to purchase the assets of Black Rock Beverage Services (BRB).
Peet's Coffee & Tea, an American specialty coffee and tea company, is gearing up to open more than 90 retail stores in eight markets across the Midwest and East Coast over the next 18 months.
Starbucks Coffee has chosen Google to provide the next generation of its Wi-Fi offering at more than 7,000 company-operated stores across the US starting from August 2013.
Fonterra has lifted its Forecast Farmgate Milk Price for the FY14 season by 50 cents to NZ$7.50 per kgMS and announced an estimated dividend of 32 cents per share - amounting to a Forecast Cash Payout of $7.82.
The European Commission has launched a request for tenders to deliver a study on mandatory origin labelling for milk, milk used as an ingredient in dairy products and unprocessed meat other than beef, pig, poultry sheep and goat meat.
Nestlé Nescafé has unveiled a new coffee center of excellence in Batangas City in the central Philippines to improve the quality and quantity of the coffee crop in the country.
