Luckin Coffee opens first U.S. stores in Manhattan, expanding its global footprint and intensifying competition in the U.S. coffee scene.
Campari divests Cinzano and Frattina to focus on core spirits portfolio, with completion of the deal expected by end of 2025.
Refresco begins CEO succession as Hans Roelofs announces retirement; move follows recent acquisition to boost Nordic presence.
Deal marks a key step in Diageo’s strategy to optimize operations, cut fixed costs, and streamline its global production network.
FSSAI introduces formal definitions for RTDs, mead, nitro beers, and country liquors under revised 2025 alcoholic beverage regulations.