Beverages
-
Luckin Coffee surpasses 35,000 stores as non-coffee sales top US$2.9B
Luckin Coffee reports major growth milestone as non-coffee beverages surpass RMB 20 billion, supported by rapid global expansion and a store network exceeding 35,000 outlets worldwide.
-
Ai-CHA enters India with first new Delhi store
The Indonesian tea and ice cream chain plans to expand across India through a royalty-free franchise model after launching its first outlet in New Delhi.
-
Nestlé Japan appoints Motoi Shimakawa as President and CEO
Nestlé Japan has named beverage executive Motoi Shimakawa as its next President and CEO, succeeding Tatsuhiko Fukaya as the company accelerates digital and beverage growth.
-
LVMH launches Hennessy ready-to-serve cocktails in US
The new bottled cocktail range marks Hennessy’s first entry into the ready-to-serve category, targeting growing consumer demand for convenient premium drinks.
-
United Spirits to shut Hyderabad manufacturing plant
The closure of United Spirits’ Malkajgiri facility marks another step in the company’s multi-year supply chain optimization program in India.