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13. May 2024
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Tag: Drinks

Retail Asia11/07/2022
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Food

Coffee chains brace for impact as inflation creeps in

5min0
Highlands Coffee, one of the largest coffee chains in Vietnam, earlier this month hiked its prices by 10-15 percent. It said that the increase served to maintain product quality amid market fluctuations. Hoang Viet, CEO of Laha Cafe, said that coffee chains are seeing costs of coffee surging by 25 percent and rents by 10-20 […]
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Retail Asia23/06/2022
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Food

7-Eleven Singapore launches beachfront store with Tiger Beer

10min0
Singapore’s favourite convenience store, 7-Eleven, and the country’s favourite, Tiger Beer, have joined forces to unveil the very first beachfront convenience store right on the sands of Palawan Beach Walk, Sentosa! On 25th and 26th June, the first-of-its-kind store will kick off opening celebrations with a variety of promotions and special treats for families enjoying […]
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Retail Asia17/06/2022
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Food

Huawei plans to launch coffee chain

5min0
Telecommunication giant Huawei Technologies Co’s recent plan to enter the on-premise coffee market in China has triggered heated discussions on the beverage’s role in rejuvenating established non-food brands among younger consumers. Huawei has applied for two trademarks related to coffee. The registered name of one trademark is “One Cup of Coffee Absorbs Cosmic Energy”. The […]
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Retail Asia09/05/2022
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Food

Liquor industry wants tax increase delayed

4min0
Liquor companies want the proposed increase in special consumption tax put off until they recover from the effects of the Covid-19 pandemic. The government plans to hike the taxes on beer, liquor, and cigarettes from now until 2030 and is still considering by how much. The current rates are 65 percent on beer and 35-65 […]
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Retail Asia18/01/2022
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Food

Cognac sales jump 31 per cent as drinkers go upmarket

2min0
Cognac sales surged by nearly a third last year as American and Chinese drinkers guzzled old vintages, in the latest sign premium drinks makers are putting the pandemic behind them. Sales of the brandy, produced in the Cognac region of France, rose by almost 31 percent in value to €3.6 billion (US$4.1 billion), industry group […]
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Retail Asia28/12/2021
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Food

Low-cost café franchising booms despite Covid

3min0
Despite the Covid-19 pandemic, more and more low-price cafés are franchising and doing well. At 9.00 every day a Napoli café franchisee on Dong Nai Road, District 10, HCMC is crowded. Its owner, Hoang, says: “We directly serve hundreds of customers a day. The number of customers making orders via apps is double that.” A […]
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Retail Asia20/12/2021
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Food

PepsiCo Australia achieves its renewable energy target

3min0
PepsiCo Australia has effectively converted to 100 percent renewable electricity across all of its operations. Focusing on reducing global emissions, this initiative helps PepsiCo limit the amount of CO2 added into the environment – around 26,000 tones per year – and goes some way in helping the business hit its target to achieve net-zero emissions […]
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Retail Asia05/05/2021
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Food

Vodka-based drinks lead 40 per cent surge in RTD sales

2min0
Ready-to-drink sales have recorded double-digit growth over the past year, primarily driven by vodka-based drinks, according to Liquor Marketing Group (LMG). In a 12-month period starting from March 2020, the RTD category achieved 40.2 percent growth in dollar sales across the group’s stores, which include Bottlemart, SipnSave, Harry Brown, and Thirsty Camel. RTD sales in […]
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Retail Asia03/05/2021
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Food

Wine marketplace Vivino launches in Australia

2min0
Wine marketplace Vivino has launched commercial operations in Australia, offering 50 percent reduction on commissions to local wineries for the remainder of this year. The online marketplace operation will be based in Sydney, NSW, and led by James Fildes, GM of Vivino Australia. Vivino now has more than 800,000 users in Australia and more than […]
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Retail Asia30/04/2021
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Food

Coca-Cola the latest global brand to ‘Adopt a Park’ in Brazil rainforest

3min0
Coca-Cola Co on Wednesday agreed to sponsor a protected reserve in the Amazon rainforest, joining beer maker Heineken and a growing list of global corporations signing up to the Brazilian government’s “Adopt a Park” program. Environmentalists say that the program, launched by the right-wing government of President Jair Bolsonaro this year, amounts to “greenwashing,” or […]
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Retail Asia28/08/2020
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Food

R&B Tea expanding in the Philippines 

2min0
Singapore-based Koufu Group is taking R&B Tea to the Philippines with Shakey’s Pizza. Under the franchise agreement, Shakey’s will sell selected R&B Tea drinks in Shakey’s and Peri Peri stores in the first year of business, and subsequently open at least five stand-alone R&B Tea outlets in the Philippines. “This marks our second milestone this […]
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Retail Asia03/04/2020
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Food

Dean & Deluca US heading towards bankruptcy

3min0
Thailand’s Pace Corporation has finally filed for the bankruptcy of its Dean & Deluca US business after all of its North American stores were shuttered last year. According to documents submitted with the filing, Dean & Deluca US has liabilities as high as US$500 million, and assets of just $50 million. But the company, which […]
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Retail Asia16/03/2020
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Food

DC Super Heroes Cafe in Manila closes for good

2min0
DC Super Heroes Cafe in Manila permanently closed on Thursday, announcing the move on Facebook. In the post, management thanked customers of the SM Megamall store who had been fans of the superheroes-themed cafe since it opened in 2018. “To say that it was our pleasure to serve you is an extreme understatement. Our goal […]
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Retail Asia20/02/2020
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Food

Vietnam’s Coffee Queen abdicates Trung Nguyen throne

5min0
Le Hoang Diep Thao has transferred all shares in the Trung Nguyen empire she ran with her ex-husband, pursuant to their final divorce ruling. Thao, former deputy director of Trung Nguyen Group (TNG), is no longer on the company’s list of shareholders, TNG announced in a statement Wednesday. She and her ex-husband were referred to […]
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Retail Asia14/01/2020
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Food

Coca-Cola Vietnam fined for tax evasion

2min0
Coca-Cola Vietnam has been ordered to pay VND821.4 billion ($35.4 million) in back taxes and penalties stretching back over nine years. Dang Ngoc Minh, deputy head of the General Department of Taxation, said 57.3 percent of the amount is the back tax, 35.2 percent is a penalty for delayed payment and the remaining 7.5 percent […]
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Retail Asia17/12/2019
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Food

Bacardi launches Aberfeldy pop-up store at Taoyuan International Airport

2min0
Bacardi Global Travel Retail has launched a glittering Aberfeldy pop-up store in partnership with Ever Rich Duty-Free at Taiwan’s Taoyuan International Airport. The pop-up store will run until the end of February, during what is the region’s peak holiday travel time. The Aberfeldy store features two global-travel-retail-exclusive single malts, the Aberfeldy 16yo and Aberfeldy 21yo, […]
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Retail Asia06/12/2019
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Food

Frozen-themed cafes pop up in Japan

1min0
Frozen-themed cafes are popping up in Japan, marking the release of the Disney animated film Frozen 2. A Frozen-themed cafe has opened as a time-limited pop-up at Oh My Cafe at Tokyu Plaza in Harajuku. The themed pop-up will remain open until January 13. A second Frozen pop-up cafe is planned to open at Gelato […]
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