Oatly to close Singapore facility as cost cuts continue
The oats drinks maker will be left with five production plants located in the US, China, Sweden and the Netherlands.
18 December 2024
18 December 2024
The oats drinks maker will be left with five production plants located in the US, China, Sweden and the Netherlands.
The Swiss giant has added the shots to a range of products it is selling in the US to target users of GLP-1 drugs.
Brazil’s spirits market is forecast to see volumes grow by more than 4% a year up to the end of 2028, a new report says.
Volumes are expected to sit between six and seven million bottles this year, a significant drop on the 21.6 million bottles recorded in 2023.
The Advertising Standards Authority (ASA) did not uphold a complaint the ad might encourage drink driving.
Outgoing CEO Paul-François Vranken will remain chairman of the business, which he founded in 1976.
Ed Cottrell's experience includes roles at Diageo, William Grant & Sons and Maritime and Mercantile International.
The Vittel maker said the report did "not constitute a definitive recommendation on the operating conditions of our mineral water site in Vergèze".
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