This launch furthers OSULLOC’s mission to bring the natural flavours and wellness benefits of Jeju Island’s teas to U.S. consumers OSULLOC, the award-winning luxury Korean tea brand with a deep-rooted passion for preserving and revitalising the art of tea-making launched five exclusive SKUs in Erewhon markets across Los Angeles. This launch[Read More…]
Beverages
Diageo identifies 2025 socialising trends in new global report
Distilled 2025 uses AI-driven analysis to offer foresight into trends shaping consumer behaviour in 2025, including the rise of consumers alternating between alcoholic and non-alcoholic drinks Diageo, maker of Johnnie Walker, Don Julio Tequila and Guinness, has unveiled its annual global trends report which reveals how and why consumers will socialise over the[Read More…]
NESCAFÉ introduces Espresso Concentrate
NESCAFÉ Espresso Concentrate easily dissolves in water or milk, delivering a simple way for coffee lovers to make a premium café-style NESCAFÉ, the world’s largest coffee producer, is expanding its U.S. portfolio with its first-ever liquid concentrate line and newest innovation: NESCAFÉ Espresso Concentrate. Answering the growing demand for customisable and convenient at-home coffee, NESCAFÉ Espresso Concentrate easily[Read More…]
Treasury Wine Estates announces acquisition of winery and vineyard in China
It is a significant milestone in TWE’s efforts to enhance its presence in China and drive further connection and engagement with local consumers Treasury Wine Estates (TWE) announced it has agreed to acquire a 75 per cent equity interest in Ningxia Stone & Moon Winery Co. Ltd (Stone & Moon)[Read More…]
Twisted Alchemy expands with four fresh products
Elevating craft cocktails and culinary creations with cold-pressed juice innovation Chicago-based Twisted Alchemy, a cold-pressed juice company founded by serial food & beverage entrepreneurs Kim and Scott Holstein announced the launch of four of its innovative products in Whole Foods Market nationally in select stores across the Midwest and Southwest. Known[Read More…]
Kerry Group completes sale of first phase of Kerry Dairy Ireland
The sale is structured in two phases, with the initial phase now complete, granting the co-op a 70 per cent stake in Kerry Dairy Ireland Kerry Group has finalised the first phase of its €500 million divestment of Kerry Dairy Ireland to Kerry Co-Operative Creameries according to the media statement.[Read More…]
Surgeon General’s report links alcohol to cancer
The report urges action on outdated warning labels Alcohol Justice has praised U.S. Surgeon General Vivek Murthy for releasing the “Alcohol and Cancer Risk Report,” which spotlights the significant link between alcohol consumption and cancer. This report emphasises alcohol as a leading behavioural risk factor for cancer and aims to[Read More…]
Sri Lanka introduces new food & beverage regulations
According to the new rules, the industry must ensure that children under the age of 12 are not featured in advertisements for food and beverage products The Sri Lankan government has announced new restrictions on marketing food and beverages to children, which will take effect on January 1, 2025, under[Read More…]
Australia’s Beerfarm eyes expansion with new brewery
This expansion will allow Beerfarm to supply its beers throughout the East Coast and increase overall production by 30 per cent Independent craft brewery Beerfarm from Western Australia is set to begin work on a new brewery and taphouse in Glenworth Valley, located on the NSW Central Coast. This expansion[Read More…]
TreeHouse Foods completes acquisition of Harris Tea
TreeHouse Foods funded the acquisition of Harris Tea primarily with cash on hand and expects the acquisition to be accretive to revenue and profitability in 2025 TreeHouse Foods announced that it has completed its acquisition of Harris Tea for approximately $205 million. “The acquisition of Harris Tea is a good use of our balance sheet strength, bringing[Read More…]