Remove 2027 Remove Alcohol Remove Hospitality
article thumbnail

JDE Peet’s to “simplify” portfolio to boost growth

Just Drinks

The company is aiming to extract half the targeted savings by the end of 2027. In the period from 2026 to 2027, JDE Peet’s is targeting a 1-3% rise in gross profit compared to 2024, a growth rate it is aiming to accelerate to 4-7% in the period 2030 to 2032. JDE Peet’s wants to simply its range, including by brand and product SKU.

article thumbnail

India’s Reliance Industries to ‘form new consumer brands subsidiary’

Just Drinks

Brands will be transferred to the new consumer division, with the restructuring also likely to include the consolidation of individual Reliance Industries’ companies, the Economic Times reported, adding the goal of the spin-off is also to increase the scale of the FMCG business and brands by early 2027.

Alcohol 66
professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Critical investors aim to replace entire Lifeway board 

Just Drinks

In May, the company announced it was “on track” to achieve $45–50m in adjusted EBITDA for its 2027 financial year. In the first quarter of 2025, the company reported net sales of $46.1m, up 3.3% from the same period in 2024. The company’s net income was $3.5m, up 45.8% year on year. Sign up for our daily news round-up!

article thumbnail

UK food, drink export revenues rose in Q1 but volumes flat 

Just Drinks

lower than they were in 2020, while non-alcoholic beverages are down 9.2%. for non-alcoholic drinks compared to the first quarter of 2024. However, with volumes relatively flat from the year-earlier quarter, the FDF highlighted in its latest Trade Snapshot report that food exports from the UK are 20.4% for food and 1.7%

article thumbnail

Kraft Heinz to phase out artificial colours in US portfolio

Just Drinks

Tilray changes add to questions over beer strategy Drinks giants’ moves in no-and-low alcohol Sectors Sections Beer & Cider Spirits Wines Soft Drinks Packaged Water Cannabis Financial & Deals Latest Plastic offsets: rubbish or remedy? Give your business an edge with our leading industry insights.

Beer 52