Pernod Ricard will sell its wine division to a player of global scale, with a route to market solely dedicated to the wine industry Pernod Ricard announced the signing of an agreement to sell its international strategic wine brands to Australian Wine Holdco Limited (AWL), a consortium of international institutional[Read More…]
Beverages
Yili retains position as world’s most valuable dairy brand at $11.6 billion
Yili’s dual-engine strategy of innovation and digitisation drives its top-ranking Yili (brand value down 6 per cent to $11.6 billion) continues to hold the title of the world’s most valuable dairy brand for the fifth consecutive year, according to a new report from leading brand valuation consultancy, Brand Finance. Yili operates 15 global[Read More…]
LVMH owns all top most valuable wine and champagne brands
Moët & Chandon is the most valuable wine & champagne brand, valued at $1.4 billion LVMH owns all of the top four most valuable wine and champagne brands in 2024, according to a new report from Brand Finance, the world’s leading brand valuation consultancy. Moët & Chandon (brand value up 9 per cent[Read More…]
UK’s Costa Coffee launches GEP SOFTWARE
Costa Coffee is present in 50 countries with 2,700-plus coffee shops in the UK, and Ireland, along with 1,300-plus globally GEP, a leading provider of AI-driven procurement and supply chain software, services and strategy to Fortune 500 and Global 2000 enterprises worldwide, announced that Costa Coffee, the UK’s favourite coffee shop, has[Read More…]
Japanese HARIO introduces coffee dripper SUIREN
HARIO offers a unique coffee experience for customers with a dripper that they can assemble and make their very own HARIO CO., LTD., headquartered in Chuo Ward, Tokyo, a Japanese heatproof glass manufacturer that produces and sells V60 Coffee Dripper, has released the first-ever assembly-type coffee dripper called SUIREN. In this novel concept,[Read More…]
Starbucks Philippines opens 2nd community store
This new store adds to the global network of over 200 Starbucks community stores and over 50 Asian Pacific stores Starbucks Philippines continues its commitment to youth education by opening its second community store in the market in Maysilo Circle, Mandaluyong City. This new store adds to the global network[Read More…]
Synlait and a2 Milk resolve dispute over infant formula
This contract granted Synlait exclusivity in supplying infant milk formula products in China, Australia, and New Zealand Synlait Milk Limited (Synlait) and The a2 Milk Company have reached a conditional agreement to settle all disputes, including those related to exclusivity, pricing, and other issues that were subject to arbitration. Grant[Read More…]
Taiwan distiller wins top prize in Tokyo four times in six years
Kavalan’s Distillery Reserve Peated Malt named TWSC’s 2024 ‘Best of the Best’ Kavalan Distillery has once again achieved the highest honour at the 2024 Tokyo Whisky & Spirits Competition (TWSC) in Japan. This year, “Kavalan Distillery Reserve Peated Malt Single Cask Strength Single Malt Whisky” was awarded “Best of the Best[Read More…]
Coca-Cola Europacific Partners invests $105.5Mn in Australian plant
The investment will be the biggest single investment ever made in the company’s Australian manufacturing network to deliver more beverages with greater efficiency to more customers Coca-Cola Europacific Partners (CCEP) has announced plans to invest an additional $105.5 million for a new Warmfill Line at the Moorabbin plant in Victoria,[Read More…]
Bluebird Hardwater introduces first-ever flavours
Innovative canned spirits company expands its product offering to the West Coast Bluebird Hardwater, the industry disruptor and trailblazer behind the first-ever canned alcoholic water, has announced its latest innovation with the introduction of flavoured varieties made with real juice. This launch marks a significant milestone for the brand, its[Read More…]
