Heritage Distilling names Michael P. Carrosino as CFO

Veteran finance executive with more than 40 years’ experience to lead Heritage’s financial operations and manage capital market transactions Heritage Distilling Company a leading craft distiller of innovative premium brands, announced the appointment of Michael P. Carrosino as its Chief Fina...

Australian wine sector sees signs of adjustment, but red stocks remain high

Australian Wine Production, Sales and Inventory Report 2023-24 Total sales of Australian wine exceeded production for the second year in a row, following successive small vintages, according to the Australian Wine Production, Sales and Inventory Report 2024 released by Wine Australia. Wine pr...

Coca-Cola to acquire alcohol ready-to-drink brand in Australia

The current owners of Billson’s, Nathan and Felicity Cowan, will continue to produce their well-known cordial, soda, and beer range under a new brand name The Coca-Cola Company announced that it has agreed to acquire Billson’s, an Australia-based brand of alcohol ready-to-drink products that...

World Whiskey Society launches 20-year-old family reserve whiskey

This limited edition whiskey from World Whiskey Society is a tribute to AIKO Brands' Founder Igor Kogan and the 20th anniversary of AIKO Brands World Whiskey Society (WWS), known for scouring the globe to create the world's most interesting whiskeys announced its latest release: a 20-year...

Tim Hortons opens first signature store in Malaysia

This flagship store aims to deliver an exceptional in-store experience, blending Canadian heritage Tim Hortons, the renowned Canadian coffeehouse, has officially opened its first signature store in Malaysia at Sunway Pyramid, bringing its rich coffee heritage and warm hospitality to local coffee...

ADB, ECOM sign $100 Mn loan to enhance coffee value chain in APAC

The agreement will benefit more than 62,000 smallholder farmers in India, Indonesia, Papua New Guinea (PNG), and Viet Nam The Asian Development Bank (ADB) has signed a $100 million loan agreement with ECOM Agroindustrial Corporation Limited and ECOM Agroindustrial Asia Private Limited (ECOM) to ...

Nescafé launches new KitKat Latte

This indulgent coffee joins a full line-up of other Nestlé confectionery collaborations, including Aero Peppermint and Quality Street Green Triangle Nescafé has collaborated with the ultimate break brand, KitKat, to create a delicious chocolate flavour latte to brighten up your n...

Coca‑Cola Company names Henrique Braun Executive Vice President and COO

Braun will be responsible for all of the company’s operating units worldwide The Coca-Cola Company announced Henrique Braun has been named Executive Vice President and Chief Operating Officer, effective Jan. 1, 2025. In this expanded role, Braun will be responsible for all of the company’s o...

Wheel Horse Whiskey introduces Double Oak 5-Year Bourbon

The brand's first five-year expression joins the lineup of limited, seasonal releases Wheel Horse Whiskey, distilled and matured at the historic Green River Distilling in Owensboro, Kentucky, announced the release of their new Double Oak 5-Year Bourbon. With just 2,100 bottles produced, thi...

Half a billion dollars worth of wine exports to China from South Australia  

Wine exports from South Australia to all markets exceeded $1.7 billion, marking a 38 per cent increase compared to the previous year South Australian exporters sold $558 million worth of wine to China in the 12 months leading up to October, with over 99 per cent of those sales occurring in the s...

SHS Drinks expands portfolio with acquisition of Shandy Shack

This new partnership promises to step-change Shandy Shack's already strong current growth, helping it to better reach the 40 per cent of adults seeking to moderate their alcohol consumption with balanced, enjoyable options SHS Drinks announced the acquisition of Shandy Shack, a pioneering brand ...

Starbucks launches Green Planet biodegradable, plant-based straws in Japan 

The new straw is made from Green Planet, a plant-based biodegradable biopolymer Starbucks has introduced new biodegradable, plant-based straws to stores in Japan, another important action in support of the company’s environmental promise to be resource-positive and commitment to reduce waste b...

Coca-Cola doubles down on single-use plastic in wake of stalled plastic treaty negotiations

The company is now aiming to increase the utilisation of recycled plastic to between 30 per cent and 35 per cent globally by 2035 The Coca-Cola Company, a prominent member of the Business Coalition for a Global Plastics Treaty, recently announced a shift in its sustainability goals regarding pac...

The Coffee Bean & Tea Leaf partners with Ekaagra Ostalaritza for expansion across India

This strategic partnership grants Ekaagra Ostalaritza Pvt Ltd exclusive rights to develop and expand The Coffee Bean & Tea Leaf brand across India The Coffee Bean & Tea Leaf, a global speciality coffee and tea house, has taken a significant step forward in its global expansion plans wit...

Japan’s sake brewing adds to UNESCO Cultural Heritage list

This marks Japan's 23rd entry on the Intangible Cultural Heritage list and the first since 2022 An intergovernmental committee of UNESCO has decided to register traditional Japanese sake brewing as an Intangible Cultural Heritage, according to Japan's Cultural Affairs Agency on Thursday. This ma...

Singapore’s Bacha Coffee expands in Japan

This expansion aims to attract customers from around the globe Bacha Coffee, a premium coffee retailer based in Singapore, plans to enter the Japanese market next year, capitalising on the country's growing tourism sector. This expansion aims to attract customers from around the globe. Accord...

Carlsberg Group divests shares in Baltika Breweries

The Carlsberg Group will receive a cash consideration as well as Baltika Breweries’ shareholdings in Carlsberg Azerbaijan and Carlsberg Kazakhstan The Carlsberg Group has agreed to a sale of its shares in Baltika Breweries. As part of the agreement, Baltika Breweries will transfer all its shar...

TreeHouse Foods acquires Harris Tea

The acquisition includes Harris Tea's manufacturing facilities in Moorestown, NJ and Marietta, GA TreeHouse Foods announced that it has signed a definitive agreement to acquire certain subsidiaries that operate the private brand tea business of Harris Freeman & Co, Inc., a leading private br...

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