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Beverages – LATEST NEWS
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Chagee raises US$411M in U.S. IPO amid trade tensions
The Chinese tea chain secures strong investor interest despite geopolitical concerns and delisting threats for Chinese firms in the U.S.
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LVMH Q1 sales drop amid Trump tariffs, sluggish luxury demand in key markets
LVMH faces declining sales in Q1 2025 as tariffs and falling demand impact key markets and product categories.
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Heineken beats Q1 sales forecasts but flags risks from tariffs
Heineken posts higher-than-expected revenues despite volume drop, while tackling tariff uncertainty and antitrust violations in Africa.
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Heineken appoints Guillaume Duverdier as new Regional President for Africa and Middle East
Duverdier to lead Africa Middle East operations following a 25-year career across multiple global markets within Heineken.
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African Originals becomes first African gin and cider company to achieve B Corp certification
Kenya’s African Originals earns global recognition for its sustainable practices and inclusive growth initiatives in the beverage sector.
