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Tag: beverage

Retail Asia25/01/2019
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Startups

Milkbasket India launches operations in Bengaluru

1min0
Milk delivery startup Milkbasket Wednesday said it plans to hire 2,500 people over the next two years and announced the launch of its services in Bengaluru. According to a report, the company said it will hire people to support the operations and growth in Bengaluru. “Within next two years, we hope to have the largest operations in […]
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Retail Asia24/01/2019
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Food

LVMH sues Hong Kong merchant over XLV wine range

2min0
French luxury group LVMH is suing a wine merchant in Hong Kong over an alleged trademark infringement.bThe plaintiffs are suing over a wine range named “XLV”, established in collaboration between Cuvee XLV French Wine and Quentin-Louis, the son of fifth generation family member Xavier-Louis Vuitton. During a January 16 hearing in the High Court, LVMH […]
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Retail Asia23/01/2019
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Food

More bubble tea shops open in Vietnam

8min0
More and more Vietnamese entrepreneurs are banking confidently on the popularity of bubble tea among the nation’s youth.It was past 10 in the night, but the bubble tea shop was packed. “I opened this milk tea shop just a few months ago, but people have been pouring in every day. My six employees struggle to […]
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Retail Asia23/01/2019
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Food

Starbucks India showcases coffee craft and innovation with ‘Starbucks Barista Pride’

3min0
Starbucks is taking beverage innovation to new heights with the simultaneous launch of 134 new, crafted beverages. Delivering on the iconic ‘Third Place’ experience, while strengthening commitment to innovation and coffee passion, the global coffee chain has introduced a new initiative called Starbucks Barista Pride where baristas from each Starbucks store will feature a beverage unique to their store, conceptualized […]
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Retail Asia23/01/2019
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Food

Vietnam liquor maker makes a loss, 4 years in a row

3min0
Nation’s leading liquor maker Halico has reported a loss of VND75 billion ($3.22 million) for 2018. With Vietnamese consumers moving towards foreign brands, the 120-year-old liquor maker, in which Vietnam’s second biggest brewery Habeco has 54.29 percent ownership and British multinational Diageo holds a 45.5 percent stake, Halico has reported losses for the fourth year […]
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Retail Asia21/01/2019
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Food

Luckin, Starbucks rivalry heats up

14min0
Luckin vs Starbucks: baristas and technology are engaged in a gigantic battle for Chinese coffee drinkers’ loyalty. Seattle, Washington-based Starbucks Corporation has been the indisputable market leader in the Chinese coffee industry ever since its Beijing World Trade Center branch opened its doors in January 1999. Yet Starbucks’ two decades of coffee dominance in China […]
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Retail Asia16/01/2019
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Food

Chun Yang Tea expands into Canada

1min0
Taiwanese bubble-tea brand Chun Yang Tea is launching its first store in Canada. With operations across Taiwan as well as in Mainland China, Hong Kong, Macau and Malaysia, the brand is now planning two new store locations in Toronto and one in Vancouver. While the Canadian market has been judged as saturated for bubble-tea retailers, […]
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Retail Asia15/01/2019
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Food

Starbucks opens its Coffee Sanctuary in Bali

4min0
Starbucks has opened its largest Southeast Asian location in Bali. The 20,000sqft Starbucks Dewata Coffee Sanctuary builds on 16 years of innovation in design, customer experience and community impact for the brand in Indonesia, where there are 370 Starbucks outlets nationwide. Customers can enjoy Starbucks handcrafted core and Reserve beverages within the store’s locally-inspired design […]
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Retail Asia15/01/2019
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Food

Liho Singapore opens first outlet in Brunei

1min0
Singaporean bubble tea brand Liho has launched in Brunei with its first outlet at Times Square Brunei Darussalam. The new Liho Brunei store is the result of a year’s preparation and is the first of 10 to 12 outlets planned across the country within the next year. The brand, popular for its brown sugar pearls, […]
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Retail Asia15/01/2019
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Food

The Alley Taiwan debuts in Singapore

1min0
Taiwanese bubble-tea chain The Alley is to open its first outlet in Singapore. Despite the undisclosed location, the brand has already got Singaporean bubble-tea fans excited with an announcement on its Instagram and Facebook pages. Established in 2013, The Alley is well-known for its brown sugar tapioca (Deerioca) milk tea served in cups with with […]
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Retail Asia11/01/2019
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Food

Tom n Toms plans Myanmar expansion

2min0
South Korean Cafe chain Tom n Toms has started to launch outlets in Myanmar. Tom n Toms Myanmar has opened two locations in Yangon so far, at the international airport and the Kantharyar Centre, with a third planned for Yankin Township. Information from Myanmar International Business Alliance Company operation director Aung Sithu Khant revealed a […]
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Retail Asia09/01/2019
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Food

Kiki Tea Taiwan launches product created by Michelin Chef

5min0
Hong Kong’s new Taiwanese tea and bubbles sensation KiKi Tea is welcoming the Year of Pig with the inaugural launch of ‘Chinese New Year Puddings’ by three Michelin starred chef Albert Au Kwok-Keung. Exclusive recipes with finest ingredients by the starred Chinese chef are on special offer at KiKi Tea’s debut Hong Kong restaurant, KiKi […]
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Retail Asia08/01/2019
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Food

The Coca-Cola Company completes acquisition of Costa

2min0
The Coca-Cola Company has announced that it has completed the acquisition of Costa Limited from Whitbread PLC. The US$ 4.9 billion transaction follows approval from regulatory authorities in the European Union and China. The acquisition was first announced on August 31, 2018. Costa, which has operations in more than 30 countries, gives Coca-Cola a significant footprint in the global […]
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Retail Asia07/01/2019
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Food

Vietnam’s largest brewer is now a foreign owned business

3min0
After a $4.78 million debt restructuring, Vietnam’s largest brewer Sabeco is now owned by a Thai company. In December 2017, Thai Beverage (ThaiBev) acquired a 53.59 percent stake in Sabeco from Vietnam’s Ministry of Industry and Trade for $4.78 billion through a local entity, Viet Beverage (VietBev). VietBev, which had 100-percent Vietnamese ownership at the […]
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Retail Asia07/01/2019
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Food

Honolulu Cafe debuts in Philippines

1min0
Hong Kong’s Honolulu Cafe has opened its first branch in Manila. Renowned for its signature egg tarts with 192 flakey pastry layers (no, we are not sure who counted them!), the cafe also serves its own house-blend of coffee. The new store opened last week, January 5, at the SM Aura shopping centre. Honolulu Cafe […]
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Retail Asia04/01/2019
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Food

Omotesando Koffee Coffee Shop Opens in London

1min0
Popular Japanese coffee shop Omotesando Koffee has opened in the central London district of Fitzrovia on Rathbone Square. Serving coffee in a manner inspired by Japanese tea ceremony, the cafe features a cubic bar design where each customer is served by a single barista in ritualistic fashion. The approach has inspired a cult following in […]
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Retail Asia04/01/2019
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Food

Starbucks South Korea offers incentives using own cups

2min0
Starbucks South Korea says the number of customers bringing their own cups to the store leapt 24 per cent in just one month. The boost is the result of its ‘Eco Bonus Star Program’ aimed at reducing waste and improving consumer awareness of sustainability issues. Through the Eco Bonus Star Program, customers of Starbucks South Korea can […]
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Retail Asia04/01/2019
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Food

Vietnam’s Sabeco, taxman at loggerheads

4min0
HCMC tax authorities have failed to collect $135.73 million in taxes and fines, while brewer Sabeco has cried foul. The Tax Department of Ho Chi Minh City informed Vietnam’s largest brewer Sabeco on December 24 that it would withdraw VND3.1 trillion ($135.73 million) from the beer company’s bank account to collect overdue special sales tax […]
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