China recovery should not distract from global travel retail’s problems
Early signs of recovery in China’s travel retail scene offer cheer but some believe the wider channel needs change, Richard Woodard hears.
29 September 2023
29 September 2023
Early signs of recovery in China’s travel retail scene offer cheer but some believe the wider channel needs change, Richard Woodard hears.
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The French spirits group also has its eyes on new export markets including South Korea and the Middle East as the Cutty Sark brand marks its 100th anniversary.
The deal will see Campari given exclusive distribution rights for Irish whiskeys Bushmills and The Sexton, plus spiced-rum brand The Kraken.
An arbitration process between Carlsberg and venture partner Khetan Group is ongoing.
A fresh media report has suggested the Italian food group is among a series of possible suitors for the UK food and drinks business.
The latest £31m investment has been billed as a milestone in CCEP’s journey towards its goal of being net zero by 2040.
Board member Deirdre Mahlan will act as Duckhorn’s interim president and CEO.
Speakers include industry leaders such as Brewdog, Asahi, AB InBev, and Diageo, as well as some of the most exciting new and emerging companies, Lucky Saints, JoyBräu, and Big Drop Brewing Co.
Per GlobalData analysis, the NAB market has a strong outlook in terms of value and steady forecasting for volume up to 2026. The industry has been resilient to the pandemic and inflationary pressure as consumers continue to up their intake of NABs. Rising health and wellness trends mean that a growing number of consumers are swapping alcohol consumption for NABs while others are adding more drinks to their diet for improved hydration and extra nutritional value from fortified and functional NABs.
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