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Beverages – World News
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Reliance Industries to launch new FMCG subsidiary
Reliance restructures its consumer business, aiming for scale, investor appeal, and aggressive manufacturing expansion across India.
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China imposes anti-dumping duties on EU brandy imports, exempts key firms under price deal
MOFCOM confirms anti-dumping duties on EU brandy, with Pernod Ricard, Rémy Cointreau, and Hennessy granted exemptions under price agreements.
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WHO calls for 50% tax hike on sugary drinks, alcohol, and tobacco by 2035 to curb global health crisis
The health tax initiative aims to reduce non-communicable diseases and generate $1 trillion in revenue by 2035.
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JDE Peet’s unveils ‘Reignite the Amazing’ strategy to drive sustainable growth, brand simplification
The coffee giant plans €500 million in savings, focuses on three major brand bets, and sets clear long-term performance targets.
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Luckin Coffee enters U.S. market with New York City launch
Luckin Coffee opens first U.S. stores in Manhattan, expanding its global footprint and intensifying competition in the U.S. coffee scene.