13 October 2025
13 October 2025
During a two-day conference in London, drinks brands and ingredients specialists gathered to explore how consumer habits are shifting and what that means for the future of drinking.
The COMESA Competition Commission said its probe concerned the UK drinks giant’s “alleged practice of market allocation” that had been carried out with distributors.
The company’s update today (13 October) prompted a sharp market reaction, with shares falling over 15% to A$5.93, their lowest level in more than a decade.
The lawsuit is being filed over new food dye legislation in the state that allegedly “interferes with interstate commerce”.
The dispute involves Piccadily Agro Industries, which in September revealed it had filed a commercial suit against the distiller in July.
Pernod Ricard and non-alc spirits brands Botivo and CleanCo will also be on stage at the two-day event in London.
Zhao Chunwu, who had been working as both president and chairman, now remains chairman.
From this month, the shakes are being stocked in more than 700 Albert Heijn stores in the Netherlands.
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