Carlsberg focused on “affordable premium” beers in China to address weak consumer sentiment, says CEO
CEO Jacob Aarup-Andersen said the group did not expect to "see pickup in China consumer sentiment in the foreseeable future".
15 August 2024
15 August 2024
CEO Jacob Aarup-Andersen said the group did not expect to "see pickup in China consumer sentiment in the foreseeable future".
Approximately 120 employees were involved in rolling 24-hour stoppages.
The group will merge its Treasury Premium Brands and Treasury Americas unit into a new Global Premium Brands segment.
Three ads have been banned after not disclosing the professional links with celebrity Steven Bartlett.
The deal included Heretic’s brewery and taproom both situated in Fairfield, California.
Nine out of ten food and drink manufacturers expect to maintain or increase investment levels over the coming year.
Forbidden Foods looks to become a “capital light brand manager” in the FMCG sector with the acquisition.
A recent drop-off in convenience store sales has been a cause for concern for US energy-drink giants.
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