3 min read
LVMH Looks to Renewed China Luxury Spending for Earnings Bump
(WSJ) LVMH Moët Hennessy Louis Vuitton SE is scheduled to report fourth-quarter and full-year 2022 results later Thursday, as it rides a surge of
Tag : China Bev Investor News
3 min read
1 min read
Coca-Cola names new president in the Chinese market
(China Daily) The global beverage giant Coca-Cola recently named its new local head in China, the first change of leadership in the market since the
3 min read
Analysis: China's services sector eyes recovery after reopening, but challenges loom
(Reuters) Jordan Li, a restaurant owner in the southwestern Chinese city of Chengdu, hopes desperately that next month's Lunar New Year holidays will
4 min read
China’s Economy Struggled in Zero Covid’s Final Month
(WSJ) China’s economy took a big hit in November in what economists hope will be the last big squeeze on growth from a zero-tolerance strategy
2 min read
China's FMCG market showing resilience
(China Daily) China's fast-moving consumer goods (FMCG) market showed resilience with 3.6 percent year-on-year growth during the first three
1 min read
Remy Cointreau first-half profit beats estimates, cautiously optimistic on China
(Reuters) France's Remy Cointreau reported a stronger-than-expected 27% jump in first-half operating profit and kept its guidance for a slower second
3 min read
China's economy loses momentum as COVID curbs hit factories, consumers
(Reuters) China's economy suffered a broad slowdown in October as factory output grew more slowly than expected and retail sales fell for the first
3 min read
Starbucks Reports Q4 and Full Year Fiscal 2022 Results: Highlights
Starbucks Corporation reported financial results for its 13-week fiscal fourth quarter and 52-week fiscal year ended October 2, 2022. The comparable
3 min read
Penfolds toasts China potential
(China Daily) Though China might still be better known as a producer of fiery baijiu liquor, its clout as a winemaker has been steadily growing over
1 min read
Chongqing brewery records dramatic growth in sale
(China Daily) Chongqing Brewery Company, a brewery whose headquarters is in Chongqing, Southwest China, recorded dramatic growth both in sales volume
2 min read
Food group Danone raises 2022 outlook as third-quarter sales beat expectations
(Reuters) French food group Danone on Thursday raised its 2022 revenue growth forecast after its third-quarter sales beat analysts' estimates as the
2 min read
Unilever downbeat on Europe, China consumer sentiment
(Reuters) Unilever Plc on Thursday gave a dire assessment of consumer sentiment in Europe and China, two of its key markets, but raised its full year
2 min read
AB InBev raises 2022 outlook as beer sales accelerate
(Reuters) Anheuser-Busch InBev, the world's largest brewer, reported higher-than-expected quarterly earnings on Thursday as beer sales accelerated,
2 min read
Remy Cointreau shares skid as cognac sales boom looks to have peaked
(Reuters) Shares in Remy Cointreau slid more than 6% on Tuesday after the premium drinks maker indicated sales and profit growth would slow in the
2 min read
Coca-Cola Reports Third Quarter 2022 Results: Asia Pacific Highlights
(Coca Cola) The Coca-Cola Company today reported strong third quarter 2022 results as the company continued to build on the momentum from the first