31 July 2023
31 July 2023
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Analysts at AllianceBernstein described the results as “disappointing”.
According to news agency Interfax, Putin today (31 July) described moves to take control of the local units of Carlsberg and Danone as “special” cases.
The contract will see the partners obtain alcohol licences and buy roughly 35 acres to build a brewery.
The facility was first created in 2019 as part of a $90m investment.
Carrefour’s CEO said discussions with branded suppliers so far have resulted in promotional campaigns rather than real price cuts.
There is cautious optimism about recovery in China but Cognac producers should be worried about the long-term outlook for the US.
Oatly has announced an “improvement” plan for its business in Asia after seeing slow growth there post-Covid.
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