Diageo has announced its F21 earnings, reporting strong performance across all metrics. ADVERTISEMENT The spirits giant reported a topline organic sales growth of 16% over year ending June 30. Reported net sales increased 8.3%, and organic operating profit rose by 17.7%. Cash flow generation thrived, jumping from £1.4 billion ($1.95 billion) to £3.0 billion ($4.19
Food & Drink
Yum Brand YUM s reported another strong quarter Thursday, with sales at all four of its brands surpassing pre-pandemic 2019 levels. KFC U.S. same-store sales are up 11% over last year and a whopping 19% on a two-year basis, while Pizza Hut U.S. is up 4% and 9%, respectively, Taco Bell is up 21% from
Its time to stock your cabinets full of coffee. The price of your cup of morning joe, your latte, your cappuccino is going higher. Nasty weather in Brazil including dryness and recent frosts means the crop of arabica beans — those which are used in bistros across the world — has shot higher. “It has
Coca-Cola is harnessing its history of collectibles with a first NFT as marketers continue experimenting with the intersection of cryptocurrency and culture. The Atlanta-based beverage giant is selling a series of four NFTs—known as non-fungible tokens—that will be sold as a single asset with proceeds benefiting Special Olympics International. NFTs are digital assets backed by
Billionaire Lee Man Tat—the chairman of condiments maker Lee Kum Kee who is known as the “King of Oyster Sauce”—has died at the age of 91. Lee passed away peacefully on Monday, Hong Kong-based Lee Kum Kee said in a statement on its website. The statement described him as “an inspirational leader with a unique
As the Fourth of July comes and goes, what were Americans filling their glass with? Nielsen NLSN has just filed their data for the two weeks ending July 10th—the period surrounding one of the largest drinking holidays of the year. While drink trends come and go, the holiday weekend has been particularly indicative of larger
Gloria Yip is a self-taught baker who creates Pokémon-themed desserts. Recently she started to make Poké Ball hot chocolate bombs, made up of chocolate, hot chocolate mix, and marshmallows. When hot milk is poured on the chocolate Poké Ball, the Pokémon is released. She creates these desserts as a hobby. For more, visit: https://www.instagram.com/miscellaneousmao/ https://www.facebook.com/miscellaneousmao
I am a huge fan of Mango Lassi. And lately I’ve been making it myself. I’ve created a “recipe” that checks the boxes for me—tangy yogurt and kefir, tart-sweet mango with a hint of sweetness from honey and spice from cardamom. I put everything in my smoothie blender and in a matter of seconds, it’s
On July 26, the restaurant group by CHLOE. rolled out a full rebrand at all of its locations, repositioning itself as Beatnic. The new name is inspired by the vegan restaurant’s original Greenwich Village location, Beatnic aims to reflect its creative, inclusive, and vibrant cultural values in its new iteration. Following a busy year of significant challenges
For over a decade, WhistlePig has been a name synonymous with “ultra-premium rye” whiskey. The Vermont-based farm distillery practically invented the term in an era when ryes rarely sold for more than $20 a bottle. Now the brand has its eyes set on additional categories of brown spirit. Earlier this summer saw the arrival of
José Andrés, renowned restaurateur and hands-on philanthropist, undertakes dual roles as leader of both the nonprofit World Central Kitchen, known for its work delivering food relief in the wake of natural and humanitarian disasters, and as chef and owner of ThinkFoodGroup, a collection of nearly thirty restaurants, with more than a half dozen more opening in 2021
Do me a favor. This weekend, if you’re shopping for wine or looking at a restaurant wine list or considering the wines you have at home, choose one grape and then choose two bottles of wine made from that grape in different parts of the world. Ideally they’d be from the same vintage but no
Bean there, done that. A study Biochemical and Biophysical Research Communications is getting some attention because it showed that the extract from nattō beans, a traditional Japanese food item, could prevent Covid-19 coronavirus infections. However, before you start consuming nattō by the truckload, keep in mind that these findings may only apply if you happen
For many wine producers, harvesting the grapes is the most stressful time period as it can make or break the future of potential wines. Some harvests are easier than others with enough time to gather the grapes with the days and nights going exactly as planned and making it a truly wonderful celebration of gathering
With a flurry of Congressional activity that bodes both well and poorly for the future of paid medical and family leave at the same time as global business leaders are calling on elected officials to enact mandatory paid leave laws, the plight of the unprotected worker is grabbing a relatively rare position in the headlines
There was a lot of excitement in the 1970s in Napa Valley as the outside wine world started to whisper about this seemingly rugged place filled with farms and people of the earth that started to get international attention for the wines they were growing and making. Some believed that Napa Valley wouldn’t be able
Direct-to-consumer company Daily Harvest, which offers a line of frozen, plant-based smoothies, veggie bowls, and other meal items, is preparing for an initial public offering, according to multiple sources familiar with the matter, after it reached over $250 million in revenue to-date. Sources, who told me not to be identified due to sensitivity of the
This time of year the markets abound with bunches and bunches of herbs. If you are lucky enough to have a garden or even potted herbs, they are practically bushy with leaves. Before you give all the excess away to neighbors and family, make my friend, Bob Blumer’s One-Minute Green Herb Sauce, a.k.a. OMG Sauce. I
It’s National Hot Dog Day! Once a year the nation gets together to celebrate the many variations of sausage in a bun. Hot dogs became popular in the U.S. in the early 20th century, perhaps nowhere more so than in Chicago, where Chicago-style hot dogs are as much a symbol of the city as the
Entertaining this summer just got a bit easier as BarBox just released its two newest flavors. This St. Petersburg, FL-based ready-to-drink company just released its first extension to its original lineup since its founding in November 2020. Joining its Cosmopolitan, Negroni, and Vodka Sour, are Gin Lemonade and Margarita. “When we launched, we knew it