Nestlé has bought its second brain health-focused medical foods start-up in eight months after snaffling Red River Pharma-owned Pamlab which makes high-dose vitamin supplements targeting depression, diabetes and Alzheimer’s.
A US class action alleges that Anheuser-Busch InBev (AB InBev) labels showing the alcohol content of brands such as Budweiser are ‘false in every instance’, with consumers deliberately overcharged for watered-down beer, claims the brewer fiercely denies.
PepsiCo CFO Hugh Johnston tells analysts the firm believes its new sweetener innovations will be 'more evolutionary than revolutionary' and that work in this direction has delayed a beverage business review until 2014.
Growth in the US private label market will continue to outpace growth in branded products as retailers recognize that unique, premium and innovative store brands can help them boost profitability, differentiate themselves and increase consumer loyalty,...
Campari America has agreed to pay $20m to Kobrand Corporation to secure the distribution rights to its recently acquired Appleton Rum brand portfolio in the US, and 'exploit the brand's potential in the key US market'.