Beverages
The World's 50 Best Bars Launches Global Fundraising Auction Featuring Bespoke Experiences With the World's Top Bartenders and Brands
LONDON, June 23, 2020 /PRNewswire/ -- The World's 50 Best Bars announces that its'Bid for Recovery' Auction will debut on 3 July, offering bar, restaurant and travel enthusiasts the opportunity to bid for out-of-this-world experiences with top bartenders and chefs. More than 130 incredible lots h...
Vitasoy Maintains Market Share and Strengthens Position in FY2019/2020
HONG KONG, June 19, 2020 /PRNewswire/ -- Financial Highlights 12 months ended 31st March 2020 FY2019/20 HK$ Mn FY2018/19 HK$ Mn Change Net of FX Impact Revenue 7,233 7,526 -4% -1% Gross Profit 3,851 4,042 -5% -2% EBITDA 1,097 1,228 -11% -8% Profit before taxation 679 956...
Kantar's Asia Brand Footprint: Brands Ensure Growth Using Key Levers Based on Evolving Consumer Needs
SINGAPORE, June 18, 2020 /PRNewswire/ -- Kantar announces the launch of the 2020 Asia Brand Footprint. The key findings of the report include the five emerging consumer trends acrossAsia that influenced buyer behaviour. Based on these new consumer needs, Kantar uncovered five key levers for brand...
Non-wholly Owned Subsidiary of Reach New Holdings Limited Entered into Strategic Cooperation Agreement with the Hoi Tin Tong
HONG KONG, June 11, 2020 /PRNewswire/ -- An established labelling solution provider and a one-stop garment accessories manufacturer and supplier based in the PRC,Reach New Holdings Limited (the "Reach New Holdings" or the "Company", Stock code: 8471.HK), is pleased to announce that Guangzhou Banc...
Dairy.com Acquires Orbis MES
Accelerates End-To-End Supply Chain Digitization and Expands Global Presence FRISCO, Texas, June 17, 2020 /PRNewswire/ -- Dairy.com® announces the acquisition ofOrbis MES, a Dublin, Ireland-based leader in manufacturing execution systems (MES) for the food and beverage industry. The move broaden...
Herbalife Nutrition Survey Debunks Top Nutrition Myths Commonly Believed by Asia Pacific Consumers
HONG KONG, June 11, 2020 /PRNewswire/ -- Premier global nutrition company, Herbalife Nutrition, today released additional findings from its Asia Pacific Nutrition Myths Survey 2020, uncovering that 60 percent of consumers were confused about nutrition facts. The survey was conducted with 5,50...
Vinamilk Makes a Strategic Move for Market Expansion in South Korea
HO CHI MINH CITY, Vietnam, June 10, 2020 /PRNewswire/ -- Vinamilk has already established its presence in the Korean market. Various year prior to soymilk and milk tea, Vinamilk's sweetened condensed creamer had already been positioned as one of South Korean's top imported brands by sales volume....
Bayani Brew: Keeping the Filipino Bayanihan Spirit Alive
MANILA, Philippines, June 5, 2020 /PRNewswire/ -- Bayani Brew, a social enterprise that helps Filipino farmers via its organically farmed drinks, donated 25,000 pieces of protective masks and almostPhP 400,000 worth of products to frontliners of 20 hospitals in Metro Manila and Bulacan,Philipp...
Chinese Spirits Brand Shede Wins the Three-star Superior Taste Award, a New Record in ITI's 15-year History
BRUSSELS, June 3, 2020 /PRNewswire/ -- On June 2, 2020, the International Taste Institute (ITI, formerly ITQI) officially announced the awards for the evaluation of global food and beverages, one of the most prestigious awards in the industry. In the evaluation for 2020, food and beverages from o...
PepsiCo Appoints Wern-Yuen Tan as Chief Executive Officer of Asia Pacific, Australia, New Zealand and China Business
PURCHASE, N.Y., June 3, 2020 /PRNewswire/ -- PepsiCo, Inc. (NASDAQ: PEP) today announced that Wern-Yuen Tan has been appointed Chief Executive Officer ofAsia Pacific, Australia, New Zealand and China ("APAC"), overseeing all of PepsiCo's operations in the region. Mr. Tan, who will begin his new r...
Food & Beverage Market to Surpass $80 Billion in 2020 in KSA and UAE
Product differentiation and innovation in terms of taste, flavors, and ingredients will remain key success factors for market participants in the Kingdom of Saudi Arabia and the United Arab Emirates DUBAI, United Arab Emirates, June 3, 2020 /PRNewswire/ -- Frost & Sullivan's recent analysis,2020 ...
PepsiCo Thailand Commits 18,000,000 Baht to Supporting COVID-19 Relief Efforts in Thailand
Ms. Wei Wei Yao, SVP & GM, Asia BU and China Beverages BU of Pepsi Cola (Thai) Trading Co., Ltd.BANGKOK, June 2, 2020 /PRNewswire/ -- PepsiCo Thailand, Suntory PepsiCo Beverages Thailand, and The PepsiCo Foundation have partnered with Raks Thai Foundation to reach the most vulnerable communities...
Firmenich Successfully Completes Acquisition of DRT
GENEVA, May 28, 2020 /PRNewswire/ -- Firmenich International SA, a global leader in the Flavor & Fragrance industry, is pleased to announce the completion of its acquisition of Les Dérivés Résiniques et Terpéniques ("DRT"). DRT is a world leader in the development and supply of high quality, rene...
Hop Supplier Announces New CFO During Critical Time in Hop and Brewing History
YAKIMA, Wash., May 27, 2020 /PRNewswire/ -- Yakima Chief Hops, a 100% grower-owned hop supplier, welcomed new Chief Financial OfficerHoward Allred shortly after the COVID-19 outbreak began. EffectiveMarch 23, Allred's onboarding came at a crucial time, as breweries shut their doors and hop growe...
LG SIGNATURE Brings Alessandro Mendini's Last Original Sketch to Life
SEOUL, South Korea, May 27, 2020 /PRNewswire/ -- LG SIGNATURE
Accolade Wines names partner to drive growth in US
HONG KONG, May 26, 2020 /PRNewswire/ -- Accolade Wines has appointed Quintessential -- a family owned-and-operated import, marketing and sales company headquartered in Napa, California -- to represent some of its iconic brands in the US. Under the partnership, Quintessential will initially repre...
Chemetall launches FiSan™, a full range of sanitation solutions for the food and beverage processing industry in China
- New offering includes cleaners, sanitizers and specialty products coupled with customized equipment solutions. - Technical expertise is readily available to meet the sanitation industry's needs. SHANGHAI, May 20, 2020 /PRNewswire/ -- The Surface Treatment global business unit of BASF's Coatin...
TCP Group unveils more than USD 150 million of investment to expand Red Bull operations in China over the next three years
* Investments will help to further expand TCP's presence in the Chinese market by supporting its local partnerships, establishing a new representative office, in-country team, and manufacturing centers as well as supporting the launch of new Red Bull products and other innovative products from ...
TCP Group unveils more than RMB 1 billion of investment to expand Red Bull operations in China over the next three years
* Investments will help to further expand TCP's presence in the Chinese market by supporting its local partnerships, establishing a new representative office, in-country team, and manufacturing centers as well as supporting the launch of new Red Bull products and other innovative products from ...
Acker Answers Demand For Fine & Rare Spirits With Its Third Spirits Auction In Hong Kong
28 May Auction to Feature Rare Macallan 57-Year in Lalique, Hennessey 8 Cognac & More HONG KONG, May 19, 2020 /PRNewswire/ -- With the fine wine and spirits market as vibrant as ever despite many collectors around the world remaining at home, Acker announced its third spirits-only auction featuri...
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