The latest food and beverage industry news and trend analysis

Valley Milk, LLC has formed a majority-owned joint venture, Francisco Foods, LLC, to acquire the assets of Rizo-Lopez Foods, Inc. through bankruptcy proceedings, ensuring the continuation of the 35-year-old Tío Francisco Hispanic-style dairy brand.

ZBiotics has announced a strategic expansion into the U.S. hospitality sector, integrating its genetically engineered "Pre-Alcohol" probiotic into the beverage programs of elite restaurants and bars across New York, Miami, Chicago, and Los Angeles.

BonBon Swedish Candy Co. has partnered with Moomin Characters and Finnish confectioner Fazer to launch a premium, clean-label candy collection, leveraging the global rise of Scandinavian candy culture and 135 years of Nordic manufacturing heritage to drive international retail growth.

Domino’s Pizza Inc. has introduced "Slice Sauce," the brand's first dipping sauce designed for pizza crust, alongside an exclusive partnership with Detroit-based Shinola to offer a curated collection of black and gold timepieces and leather goods to premium-tier customers.

Diageo has appointed 20-year veteran John O’Keeffe as CEO and President of its North America business, effective April 2026, leveraging his extensive experience in Asia-Pacific and Africa to drive growth in the company's largest market.

Pernod Ricard has completed the divestment of its remaining California wine assets—Mumm Sparkling and Kenwood—to Trinchero Family Wine and Spirits and F. Korbel and Bros., respectively, marking the final stage of a strategic shift toward high-margin spirits and international Champagne.

KFC has launched a full-length streaming single and music video titled "Finger Lickin' Machine" to promote its new multi-tiered Box Feasts value menu (7, 9, and 11 dollar tiers), utilising high-profile choreography and IRL activations in Los Angeles to drive digital and physical engagement.

McDonald's Türkiye has launched the 'Drink & Drive' campaign, a creative reinterpretation of the "Don't Drink and Drive" warning that positions McCafe around driver alertness and transforms the Golden Arches into road safety symbols.