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Friday, October 4, 2024

International News

Kitchen appliances brand KAFF targets growth in tier II and III cities with new product launches and service expansion

News
KAFF, a leading Indian kitchen appliances brand, has carved out a significant niche in the commercial and residential modular kitchen markets, competing with top national and international brands. The͏͏ company͏͏ currently͏͏ operates͏͏ over͏͏ 400͏͏ brand͏͏ outlets͏͏...

Karnataka CID takes over investigation of Swiggy’s INR 33 Cr embezzlement case

News
The Karnataka Crime Investigation Department (CID) has taken over the investigation of a complaint filed by IPO-bound Swiggy, involving a former junior employee who allegedly defrauded the foodtech startup of nearly INR 33 Cr. The͏͏ case͏͏ has͏͏...

Bio&Me launches new ‘Good for Your Gut’ kefir drinks with 18 culture strains

News
Bio&Me͏͏ has͏͏ enhanced͏͏ its͏͏ kefir͏͏ range͏͏ by͏͏ launching͏͏ new͏͏ 'Good͏͏ for͏͏ Your͏͏ Gut'͏͏ Kefir͏͏ Drinks. The͏͏ drinks͏͏ come͏͏ in͏͏ two͏͏ variants:͏͏ natural͏͏ and͏͏ vanilla.͏͏ Each͏͏...

Lucky Energy raises $11.75 Mn in oversubscribed Series A funding round

News
US energy drink company Lucky Energy has successfully concluded an oversubscribed Series A funding round, raising $11.75 million, with Brand Foundry Ventures leading the...

PepsiCo to acquire Siete Foods for $1.2 Bn, strengthening better-for-you portfolio

News
PepsiCo plans to acquire Siete Foods, a Texas-based producer of Mexican-American food products, for $1.2 billion. The͏͏ acquisition͏͏ is͏͏ set͏͏ to͏͏ close͏͏ in͏͏ the͏͏ first͏͏...

Mondelez partners with Accenture and Publicis to revolutionise marketing with Generative AI

News
Mondelez International plans to collaborate with Accenture and Publicis to enhance its use of generative AI in marketing. New͏͏ Platform͏͏ for͏͏ Personalisation: The͏͏ US-based͏͏ snacks͏͏ giant͏͏...

C4 Energy parent Nutrabolt partners with Hershey to launch new product line

News
Nutrabolt, the owner of C4 Energy, has partnered with The Hershey Company to introduce a new line of products featuring beloved Hershey flavours. New͏͏ Flavours͏͏...

Maharaja Drinks launches in London, bringing authentic Indian beverages to the UK market

News
A new venture has been established in London, dedicated to offering a variety of Indian-made drinks, including wines, beers, teas, and coffees. Founded last...

Diageo North America acquires Ritual Zero Proof to strengthen non-alcoholic spirits portfolio

News
Diageo North America has acquired non-alcoholic spirits brand Ritual Zero Proof to capitalise on the growing demand for alcohol alternatives. Rapid͏͏ Growth͏͏ of͏͏ Ritual Zero...

Coca-Cola and Bacardi to launch co-branded ready-to-drink cocktail in 2025

News
Coca-Cola and Bacardi are planning to introduce a co-branded ready-to-drink cocktail next year,͏͏ building͏͏ on͏͏ Coca-Cola's͏͏ recent͏͏ collaboration͏͏ with͏͏ Brown-Forman͏͏ for͏͏ Jack͏͏ Daniel's. Market͏͏ Focus: The͏͏...

Johnnie Walker unveils world’s lightest whisky glass bottle: The Blue Label Ultra

News
Johnnie Walker, the premier Scotch whisky brand, has launched a groundbreaking limited edition offering. The Johnnie Walker Blue Label Ultra is touted as the...

Tupperware files for bankruptcy as demand for its iconic containers dwindles

LATEST
Tupperware Brands Corp. and several of its subsidiaries sought Chapter 11 bankruptcy pro͏t͏e͏ct͏ion o͏n Tue͏sda͏y,͏ succu͏m͏bin͏g͏ ͏to ͏declin͏i͏n͏g͏ ͏d͏eman͏d͏ f͏or i͏ts͏ once-ic͏oni͏c ͏f͏oo͏d͏ stor͏ag͏e͏...

Nathalie Roos steps down as CEO of Lipton Teas and Infusions

LATEST
Nathalie Roos, CEO of Lipton Teas and Infusions, will be stepping away from the tea and herbal-drinks sector. In a statement, the Netherlands-based group announced...

Zara to launch secondhand clothing service in the US by October

LATEST
Zara will introduce a service in the United States by the end of October for selling, repairing, or donating secondhand clothes. This initiative, announced...
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