A report from Danish brewer Carlsberg Group said the sale of its beer in Russia and Ukraine declined in the second quarter of 2014. Blaming "the impact of current market challenges," it noted a decline of over six percent in the sale of beer, by volume, in Russia, and a 10 percent drop of beer consumption in Ukraine. (UPI)
Coca-Cola Amatil chief executive Alison Watkins has warned that profits this year will be “materially below” those in 2013 as soft drink, juice and bottled water prices come under pressure and consumer demand remains subdued. (The Sydney Morning Herald)
Indra Nooyi, PepsiCo's CEO, is set to meet Prime Minister Narendra Modi next week, making her the fifth global business head to meet the premier who has been egging on multinationals to invest in the country. (The Economic Times)
On July 30 Coca-Cola FEMSA, Latin America’s largest coke bottler shuttered a facility in the Pacific Mexican state of Guerrero, which is home to Acapulco, a city that recorded the country’s highest murder rate in 2013. (Forbes)
As Americans shun the breakfast table for quicker, more portable alternatives, one former morning star is dimming: orange juice. U.S. consumers bought 34.96 million gallons of orange juice in the four weeks ended Aug. 2, down 9.2% from a similar period a year ago, according to Nielsen data published Monday by the Florida Department of Citrus. It was the lowest level for total retail sales since the four weeks ended Jan. 19, 2002, the oldest data available. (WSJ)
DRY Soda Co. is launching its first Discovery Pack this summer. Inspired by the thriving discovery / variety pack trend in the craft beer sector, DRY Soda’s Discovery Pack is the first in the rapidly growing craft soda industry, which is now the primary revenue driver growing the larger carbonated soft drink category, the company says.