Starbucks, the globally renowned beverage brand owned by Tata, reported a robust revenue growth of 14 per cent for the quarter Tata Consumer Products Ltd. (TCPL) recorded a net profit of INR 359.18 crore for Q2 FY23. The company’s net revenue grew by 11 per cent YoY to INR 3,734[Read More…]
Beverages
Japan’s luxury beer ROCOCO Tokyo WHITE available in Taiwan
ROCOCO is now available at more than 15 of the 44 restaurants in Taiwan that were awarded Michelin stars in the 2023 Michelin Guide ROCOCO Tokyo WHITE, Japan’s First Luxury Beer, has officially launched in Taiwan. This second international launch marks an exciting milestone for the brand following its launch in Singapore in 2022. ROCOCO is now available[Read More…]
Treasury Wine Estates announces acquisition of DAOU Vineyards
Acquisition generates significant value creation opportunity, building on Treasury Wine Estates’ and DAOU’s unique strengths to curate a combined luxury portfolio with worldwide expansion potential through Treasury Wine Estates’ global distribution network and consumer expertise Treasury Wine Estates Ltd one of the world’s leading wine companies announced that it has[Read More…]
Moonshine Meadery’s launches Hibiscus Ginger Mead
This unique mead, a fusion of hibiscus and ginger, promises a delightful taste adventure Moonshine Meadery, Asia and India’s first meadery and pioneering mead producer presents its latest innovation – Hibiscus Ginger Mead. This unique mead, a fusion of hibiscus and ginger, promises a delightful taste adventure. Dried hibiscus flowers contribute[Read More…]
Coca-Cola HBC inaugurates rPET production plant in Romania
This initiative also guarantees a constant supply of food-grade recycled plastic, which will help preserve the environment by reusing old containers Coca-Cola HBC Romania, have established a unique capability through the installation of a PET flake decontamination unit in their Ploiesti factory. This is the second-largest factory within the Coca-Cola[Read More…]
Buffalo Trace launches Eagle Rare 25 whiskey
Eagle Rare 25 is the oldest expression released from the Eagle Rare portfolio and the first-ever innovation to come from the distillery’s experimental warehouse P Buffalo Trace Distillery announces the release of Eagle Rare 25, an ultra-aged bourbon that exemplifies the Distillery’s relentless commitment to innovation and honouring tradition while[Read More…]
Singapore’s Grande Whisky Museum achieves Guinness World Record titles
The Grande Whisky Museum Houses World’s Largest Collection Of Rare And Vintage Whiskies, Showcasing More Than 7,000 Bottles of Fine Whiskies and No-Longer-In-Production Whiskies Singapore’s The Grande Whisky Museum (TGWM) announces its remarkable achievement of two Guinness World Record titles. The museum has been awarded the titles for the “Most[Read More…]
China’s Yili Group wins two IDF Dairy Innovations Awards
These awards commend Yili for its outstanding achievements in dairy innovation and sustainable products The IDF Dairy Innovation Awards winners were officially announced at the 2023 World Dairy Summit held from October 16 to 19 in Chicago. Yili Group was the sole global dairy company honoured with two IDF Dairy Innovation Awards. These[Read More…]
China to reassess tariffs on Australian wine
Australian wine exports to China fell from $1.2 billion to $8 million after tariffs were imposed China has agreed to reassess the tariffs imposed on Australian wine. The wine sector and government are hopeful the market could reopen next year. In a major breakthrough for Sino-Australian relations, China will take[Read More…]
Vietnam’s Vinamilk expands into China’s dairy market with partnerships
This remarkable partnership sees Vinamilk producing customised yogurt products, tailored to meet the Chinese market’s quality standards and preferences Vietnam’s leading dairy brand Vinamilk announced a cooperation memorandum with leading Chinese partners during the Hanoi investment, trade, and tourism promotion conference in Guangzhou. Prior to this collaboration, the Chinese partners visited Vinamilk’s facilities in Vietnam and expressed trust[Read More…]