Heineken India Sales Dip As Monsoon Cools Demand
Heineken reported a mid-single-digit drop in India beer volumes due to heavy monsoon rains, though revenue rose on price gains and premium sales.
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Marks & Spencer Co-CEO Katie Bickerstaffe Steps Down: Report
- by BW Retail World Bureau
- March 7, 2024
Katie Bickerstaffe, co-CEO of British apparel and food store Marks & Spencer, is quitting the firm and giving over sole control to Stuart Machin, Sky News reported Wednesday. According to the article, Bickerstaffe will quit the firm this year and join European home improvement retailer Kingfisher as a non-executive director. Katie Bickerstaffe and Stuart Machin […]
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Restrained Demand Due To High Taxes: Budweiser & Kingfisher
- by BW Retail World Bureau
- January 5, 2023
Anheuser Busch InBev and Heineken, two of the world’s largest brewers, said India is one of their top priority markets, but demand has been restrained due to high taxes and a limited number of retail outlets, despite the fact that it is growing at a similar rate as China. There are few countries in the […]