Diageo, in collaboration with PA Consulting and PulPac, trials a new paper-based bottle for Baileys during Barcelona's Time Out Festival. This initiative, featuring 2,000 mini bottles, aims to assess consumer response and the sustainability impact of transitioning from glass to paper packaging
Radisson Hotel Sector 29, Gurugram, promotes Parul Trehan to Learning and Development Manager and Bhupendra Tomar to Food and Beverage Manager. With rich careers in top hotels, they aim to boost staff training and culinary offerings, reflecting Radisson's commitment to internal talent development
Fast&Up launches Reload Ready-to-Drink for athletes and fitness enthusiasts, providing a healthier alternative with 20X less sugar and 2X faster hydration than water. Free from caffeine and artificial additives, it includes vitamins for muscle recovery and is available across multiple platforms in India
At the 2024 TFWA Asia Pacific Exhibition, Bacardi introduced Dewar's Double Double 21 Year Old Stone Toasted. Initially exclusive to China Duty Free Group, this premium Scotch, priced at $440, features two 75cl expressions and will be available globally starting June 2024
In a potential trade retaliation, China could target EU wine imports, affecting an $800 million market in response to EU anti-subsidy probes. This follows China's pattern of using trade measures in disputes, reminiscent of the 2014 EU wine probe and high tariffs on Australian wines
Tilaknagar Industries sees a 20.9% increase in net profit and a 10.9% rise in EBITDA for the March 2024 quarter, with revenues reaching Rs 358.8 crore. Sales volumes slightly increased, and the company significantly reduced its debt, aiming to eliminate net debt by FY25
John Distilleries' Malhar craft gins have garnered international acclaim, securing multiple awards in 2024. Malhar Citrus received a gold medal in San Francisco and was a top scorer in the UK's Gin Guide Awards, while Malhar Classic Dry won silver and bronze at various global spirits competitions
Magic Moments Vodka, by Radico Khaitan, achieved remarkable FY 2024 sales with over 6 million cases and Rs 1000 crores in revenue, marking a 25% growth. The brand's expansion includes new launches like Pink Vodka and festive Holi Hai Edition, resonating strongly with consumers
Jagatjit Industries Limited announces a 22% revenue increase in FY 2023-24, achieving Rs 708.16 crore and a 13% rise in net profit. Aiming for growth in key Indian regions, the company focuses on premium products and debt reduction, enhancing operations with a new ethanol plant
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