Beverages
Gen Z and millennials embrace health and wellness. These stocks could benefit
Americans are embracing health and wellness — and none more than Gen Z and millennials. People are spending more than $500 billion in the United States on wellness, and it is growing at 4% to 5% each year, according to McKinsey . Nearly 30% of Gen Zers and millennials said they are prioritizing wellness “a […]
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Deaths of 6 travelers suspected to be caused by tainted alcohol. Here’s where incidents happen the most
Six travelers have died from suspected methanol poisoning after visiting the tourist town of Vang Vieng, Laos, this month. The travelers — two from Australia, two from Denmark, one from United Kingdom and one from United States — are believed to have consumed alcohol tainted with methanol, which is sometimes illegally added to regular or […]
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China consumer slowdown weighs on U.S. earnings again
People walk at a shopping complex in Chengdu, Sichuan province, China April 13, 2024. Tingshu Wang | Reuters From Apple to Starbucks, U.S. consumer brands are reporting yet another quarter of China sales declines. The falling revenue in what’s been a major market for the U.S. companies comes amid tepid consumer spending in China and […]
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As booze alternatives take off, more nonalcoholic drink makers promote health benefits as the next buzz
Mimi Lam, co-founder and chief executive officer of Superette, arranges cannabis-infused beverages at the Superette Sip ‘N’ Smoke cannabis dispensary in Toronto, Ontario, Canada, on Monday, Oct. 25, 2021. Della Robbins | Bloomberg | Getty Images More Americans are looking for alcohol alternatives, and beverage makers that tout the health benefits of their drinks are […]
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Trying to cut back? These 10 places are deemed the ‘best’ places for an alcohol-free trip
Years ago, the manager of a hotel in Koh Samui, Thailand told me about an unusual booking that he once received during the middle of the night. A traveler had flown his entire family via private jet from Brunei to the Thai island after learning upon landing in Brunei that it is a “dry country” […]
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Johnnie Walker-maker Diageo plunges 10% on full-year sales decline, but Guinness a bright spot
John Morrissey serves pints of Guinness at a traditional Irish pub in Dublin on May 21, 2024, in Dublin, Ireland. Nurphoto | Nurphoto | Getty Images Shares of spirits giant Diageo tumbled more than 10% on Tuesday morning, after the Johnnie Walker-maker posted its first sales decline since the start of the pandemic. Shares were […]
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Britain sees low-alcohol beer sales boom during Euros soccer championship
People watch England play Spain in the Euro Cup final shown at the Pub on the Park in London Fields on the 14th of July 2024, London, United Kingdom. Kristian Buus | In Pictures | Getty Images LONDON — While the European men’s soccer championship ended in gloom yet again for England, the tournament boosted […]
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Athletic Brewing raises $50 million as non-alcoholic wave sweeps brewing
Company founder Bill Shufelt (left) and head brewer John Walker pause at the Athletic Brewing’s non-alcoholic brewery and production plant on March 20, 2019 in Stratford, Connecticut. Spencer Platt | Getty Images Leading non-alcoholic brewer Athletic Brewing Company announced Tuesday it’s raised an additional $50 million in equity financing in a round led by General […]
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Carlsberg slides 8%, set for greatest drop in four decades, just after Britvic rejects $3.9 billion takeover offer you
Carlsberg shares were on study course for their premier solitary-day decline in more than four several years on Friday, just after the British smooth beverages maker Britvic reported it had turned down the Danish brewer’s £3.11 billion ($3.9 billion) takeover proposal. Shares of Carlsberg ended up down by 8.7% at 09:04 a.m. London time, in […]
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French cognac makers surge as Macron hints at cooling of China trade dispute
French President Emmanuel Macron (R) shakes arms with Chinese President Xi Jinping soon after delivering a joint assertion at the Elysee Palace, as aspect of the Chinese president’s two-working day condition pay a visit to in France, in Paris on May 6, 2024. The French president his Chinese counterpart for a condition go to on […]
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