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Tag: drink

Retail Asia28/06/2019
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Food

Pernod Ricard calls for Hong Kong to mind its throw-away fashion and glass this Responsib’ALL Day

4min0
Hong Kong-based entities of Pernod Ricard – Pernod Ricard Asia HQ, Pernod Ricard Hong Kong and Macau and Pernod Ricard Travel Retail Asia – will be helping to tackle the growing problem of throw-away fashion and glass by partnering over 200 of its employees with non-profit organisation ‘HandsOn Hong Kong’, turning waste into reusable items […]
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Retail Asia27/05/2019
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Food

DFS launches fourth Whisky Festival

3min0
DFS Group has launched the fourth Whisky Festival at Changi Airport, this one with a pop-up bar. Aiming to “demystify the whiskey-making process”, the festival offers a selection of more than 400 whiskeys and many exclusive offers. Highlights include Bruichladdich Port Charlotte 10, Compass Box No Name, No 2, Glenmorangie Rare Cask 1399, Johnnie Walker […]
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Retail Asia03/05/2019
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Food

Habeco forecasts profit to drop a third to 10-year low

2min0
The Hà Nội Beer-Alcohol-Beverage JSC (Habeco) has forecast its post-tax profit will fall 36 per cent year-on-year to VNĐ310 billion (US$13.3 million) in 2019, the lowest in 10 years. The announcement will be reported at the firm’s annual shareholder. Other topics that will be brought up at the meeting include the projection of total production, total revenue and […]
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Retail Asia22/02/2019
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Living

Emart24 ups the booze to capture solo drinker market

1min0
Convenience store chain Emart24 will expand its alcohol selection tenfold at around 500 branches this year, the brand said Wednesday. The products will be offered using the shop-in-shop model with 120 products, including wine, whiskey and micro-beers, displayed in a dedicated corner. Three to six racks will be added at each outlet to hold the products. […]
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Retail Asia21/02/2019
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Food

Heineken Malaysia 2018 net profit up 4.6%

3min0
Heineken Malaysia Bhd, which posted a 4.6% jump in its net profit for the financial year ended Dec 31, 2018 (FY18), remains cautious about its outlook given the challenging environment due to intense competition, implementation of the sales & service tax (SST), and the continued presence of contraband beer in the market. In line with […]
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Retail Asia20/02/2019
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Food

PepsiCo franchise rights to be acquired in South, West India

2min0
PepsiCo India’s bottling partner Varun Beverages Monday said its board has approved plans to acquire franchise rights of the beverages and snacks major in South and West regions. The board has approved the company’s intent to enter into a binding agreement with PepsiCo India Holdings to acquire franchise rights in the two regions for a national bottling, sales and distribution […]
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Retail Asia19/02/2019
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Food

Cola, sugar prices shoot up 10% in Korea

2min0
Processed food prices rose in January, with soybean paste, sugar and cola all jumping up around 10 percent compared to a year earlier. The Korea Consumer Agency (KCA) said Monday that 18 of 26 major processed foods measured both in 2018 and 2019 cost more in January than the previous year. The highest price hikes […]
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Retail Asia31/01/2019
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Food

Coca-Cola India launches grape based sparkling drink Colour

3min0
Beverages major Coca-Cola India on Friday expanded its Minute Maid product range by launching a grape fruit based sparkling drink branded as Colour, said a top company official. People in Tamil Nadu towns and villages used to call soft drink ‘Colour’. Coca-Cola India has branded its new grape juice sparkler as ‘Colour’ to resonate with the local […]
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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 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 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 Asia03/12/2018
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Food

Niche market of coffee lover in Korea

2min0
South Korea’s cafe market is notoriously crowded pushing some large players to the brink and suffering from price attacks from convenience store operators. Yet niche is still a nice place to be, judging by the experiences of a small Seoul startup. Two young entrepreneurs have shared their vision of launching a coffee franchise called That […]
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Retail Asia16/11/2018
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Food

Coffee Day India Q2 net profit plunges

2min0
Coffee Day Enterprises Ltd Wednesday reported a 59.78 percent fall in consolidated net profit at Rs 23.83 crore for the September quarter due to higher expenses. The company had reported a net profit of Rs 59.26 crore in the corresponding period of the previous fiscal. According to a report, Its total income grew to Rs 1,015.13 […]
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Retail Asia01/11/2018
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Food

Profits down at Vietnam’s largest brewer

3min0
Beer maker Sabeco has reported after tax profits of $149 million in Jan-Sept 2018, down 6 percent year-on-year. The company’s total revenue in the first nine months of the year was VND25.5 trillion ($1.1 billion), 70 percent of its annual target. According to the company’s third quarter financial report Sabeco, formally known as Saigon Beer […]
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Retail Asia01/11/2018
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Food

Heytea Singapore now opens in Ion Orchard

1min0
Chinese tea franchise Heytea is launching its first overseas store in Singapore. The six-year-old chain is one of China’s most popular in its category, with each outlet selling 2000-3000 cups per day. It claims to be the franchise responsible for inventing cheese tea, serving drinks with New Zealand cheese. The Heytea Singapore store will feature […]
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Retail Asia10/07/2016
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Food

Red Bull apologises to Indonesia over offensive ad

3min0
Red Bull has publicly apologised for shooting a commercial in which an athlete performed acrobatic stunts across one of Indonesia’s ancient holy temples, an official said Thursday. Red Bull has issued an apology in Indonesia’s national newspapers admitting it shot an advert at the 9th-century Borobudur temple “without permission from the appropriate authorities” The energy […]
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