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Daily Newsletter

31 August 2023

Daily Newsletter

31 August 2023

Brown-Forman moves to cool market concerns on inventories

Brown-Forman CEO: “It’s been a volatile ride for five years but the business is solid.”

Dean Best August 31 2023

Jack Daniel’s on sale in Morrisons, Sidcup, United Kingdom, 29 August 2023. Credit: Just Drinks

Heineken’s appointment of an outsider as CEO has raised eyebrows but, with the brewing behemoth undergoing some significant changes in a challenging market, the move has also been welcomed in investment circles.

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Could the consumer industry be bolstered by the increased use of AI

The consumer goods, foodservice, and packaging sectors are undergoing digital transformation, accelerated by the COVID-19 pandemic and changing consumer preferences. Data science and ML are strong investments across all areas. For the most part, these sectors will not play a significant role in creating and developing AI hardware or platforms, but will instead help scale up the adoption of AI technologies, such as CV, conversational platforms, and smart robots.

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