The Brand Finance Alcoholic Drinks 2023 report, which provides an annual evaluation of the most valuable and strongest alcoholic drink brands, has revealed that Moët & Chandon has maintained its position as the world’s most valuable wine brand Changyu Pioneer Wine Company, China’s largest winery, is now a major contender[Read More…]
World News
Nestlé earns world’s most valuable food brand title
Healthy Choice is a fresh new entrant as this year’s fastest-growing food brand Hershey holds onto the title as the world’s strongest food brand, with an AAA+ rating Nestlé (brand value up 8 per cent to $22.4 billion) once again earns the title of the world’s most valuable food brand, according[Read More…]
CoCo Fresh Tea & Juice unveils strategic expansion in South Asia amid bubble tea boom
This expansion will focus primarily on partnerships with sizeable refreshment companies and master franchisors Leading boba tea brand CoCo Fresh Tea & Juice unveiled plans to expand its footprint in South Asia, as global demand for the East Asian refreshment grows. Recently, South Asia’s economy has shown resilience in the face of global[Read More…]
Subway announces sale to Roark Capital
The transaction combines Subway’s global presence and brand strength with Roark’s deep expertise in restaurant and franchise businesses Subway announced that it has entered into a definitive agreement to be acquired by affiliates of Roark Capital. The transaction is a major milestone in Subway’s multi-year transformation journey, combining Subway’s global presence[Read More…]
Heineken sells 100% shares in Russia for €1
Heineken® brand which was removed from Russia in 2022, production of Amstel will be phased out within 6 months Heineken announces completion of the transaction to sell its Russia operations to Arnest Group. The transaction has received all the required approvals and concludes the process Heineken initiated in March 2022[Read More…]
Nestlé announces organic growth of 8.7%
Nestlé reports half-year results for 2023 In its half-year market report for 2023, Nestlé announced impressive organic growth of 8.7 per cent, with pricing alone accounting for 9.5 per cent of that growth. The real internal growth was -0.8 per cent. Nestlé CEO Mark Schneider attributes this success to the[Read More…]
Bangladesh enters into Global School Meals Coalition program with WFP
The new school feeding programme aims to reach 3.5 million students in 20,000 government primary schools over the next three years The government of Bangladesh has joined a Global School Meals Coalition and promoting child education and nutrition in the country with the United Nations World Food Programme (WFP). The[Read More…]
Wenzel’s Farm to attempt Guinness World Record title
Wenzel’s Farm will be making the gigantic meat stick during the 75th Anniversary celebration Wenzel’s Farm is announcing that on August 19th Company will be attempting to set the GUINNESS WORLD RECORDS title for the longest meat snack stick. Wenzel’s Farm has partnered with Devro, a leading manufacturer of collagen casings and films to create a[Read More…]
Tyson Ventures spotlights sustainability entrepreneurs
Tyson Ventures is focused on being a strategic partner for innovators who can transform the food industry and provide sustainable nutrition to a growing global population Tyson Ventures recently hosted an annual pitch event, Tyson Demo Day 2023. Tyson Ventures is the venture capital arm of Tyson Foods and is[Read More…]
FAO at the UN Food Systems Summit+2 Stocktaking Moment
The stage is set in Rome for the three-day high-level meeting aimed to advance agrifood systems transformation Around 2000 participants from over 160 countries, including over 20 Heads of State and Government, will attend the UN Food Systems Summit+2 Stocktaking Moment (UNFSS+2) at the Food and Agriculture Organisation of the[Read More…]
