Britain’s Diageo, the world’s largest producer of spirits, has agreed to a swap deal with Jose Cuervo in which the company will sell its Bushmills whiskey brand to the tequila company for full control and ownership of the high-end Don Julio tequila brand.
More than 200 craft brewers have helped reduce their collective carbon footprint by 3 million kilograms of carbon dioxide emissions by sharing a pool of kegs instead of owning their own, according to a study by John Heckman with PE International and commissioned by MicroStar Logistics.
Despite an increase in organic revenue, rising sales and overall company growth, PepsiCo—which announced a higher quarterly profit Thursday—revealed sales in Mexico were down 3 percent, largely in part to new taxes on junk food.
Though fresh brewed iced coffee is the cold coffee beverage of choice, a growing number of consumers in the market for cold coffee are grabbing ready-to-drink (RTD) canned or bottled coffee, according to a recent study from Multi-sponsor Surveys.
The Coca-Cola Company and Energy Brands Inc. announced Monday they reached preliminary approval of a settlement agreement in a lawsuit challenging the labeling and marketing of its Glaceau vitaminwater brand.
Natural ingredients are the highlight of PepsiCo Inc.’s new beverage Pepsi True, a new microcalorie drink sweetened with real sugar and stevia leaf extract, as beverage companies continue to search for ways to win back customers to the soft drink market.
In honor of National Coffee Day Monday, convenience retailer Cumberland Farms asked consumers what they would be willing to do—or give up—to ensure their daily coffee fix.
Through the use of a two-pronged approach, America’s leading beverage companies have pledged to reduce beverage calories consumed per person nationally by 20 by 2025.
Appealing to the on-the-go coffee drinker who enjoys a dash of flavor with their morning pick-me-up, the makers of Folgers coffee have released a line of flavored liquid coffee enhancers to personalize each cup.