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Keywords: Beverages
United Spirits, the Indian subsidiary of Diageo, delivered a sharp increase in first-quarter earnings as consumer demand for premium alcoholic beverages continued to strengthen, reinforcing the company's focus on higher-value brands in one of the world's fastest-growing spirits markets. The......
Former Brazilian football star Neymar has expanded his business portfolio by entering the wine industry with the launch of "Le Prince," a new wine brand aimed primarily at consumers in Brazil. The initiative reflects a growing trend of high-profile athletes investing in lifestyle and luxury......
French spirits group Rémy Cointreau has reported a sharp decline in its annual net profit, falling by 35% for its 2025–2026 fiscal year, as the company faces increasing pressure from international tariffs and higher production costs. The company attributed the downturn to additional import......
A Kenyan court on Thursday dismissed a legal attempt to block Diageo’s $2.3 billion sale of its local subsidiary, East African Breweries Limited, to Japanese brewer Asahi Holdings. The London-listed company, known for brands such as Johnnie Walker whisky and Captain Morgan rum, announced the sale......
Buildings & Logistics Services (BLS), a subsidiary of H&S Invest Holding chaired by Moncef Belkhayat, has signed a groundbreaking MAD 120 million ($12 million) contract with Varun Beverages Morocco, the exclusive franchisee and producer of PepsiCo brands in the country. The agreement marks the......
In a significant development for Morocco's food industry, COPAG-Jaouda has launched "Nabatlé," the country's first domestically produced plant-based milk. The new product line addresses growing consumer demand for healthier, natural alternatives while maintaining accessibility......
The wholesale trade sector demonstrated overall stability during the first quarter (Q1), according to the latest figures from a survey conducted by the High Commission for Planning (HCP). Forty-seven percent of business leaders reported steady sales in the domestic market, while 29% experienced a decline. This......
Amidst the controversy surrounding the surge in beverage prices at cafes, the Competition Council has taken a decisive step by convening a listening session yesterday, Thursday, at the council's headquarters. Representatives of professionals affiliated with the National Federation of Cafe and Restaurant......