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Henkell Freixenet eyes spritz demand with Mionetto launch
Yahoo Finance· 2026-03-19 13:52
Core Insights - Henkell Freixenet is launching an orange Mionetto aperitivo in Europe to meet the growing demand for spritz cocktails, particularly in markets like Germany, Austria, and the Czech Republic [1][3] - The popularity of lower-alcohol beverages has driven the demand for spritz, with Campari's Aperol brand leading this trend, which has also positively impacted Prosecco sales [1] Product Launch Details - The new Mionetto aperitivo will include two variants: one with an alcohol by volume (abv) of 5.9% and an alcohol-free option, available in 750ml and 200ml sizes [2] - The recommended retail price for the drink in Germany is set at €9.99 (approximately $11.48) [2] Market Strategy - Initial markets for the product will also include Poland and the Baltic states, where Mionetto is already a leading Prosecco brand and the spritz culture is well established [3] - Henkell Freixenet has previously launched Mionetto aperitivo and its alcohol-free version successfully in these markets, indicating a strategic continuation of their product offerings [3] Company Ownership Changes - Earlier this month, Henkell Freixenet announced it has acquired full ownership of Freixenet, increasing its stake from 50% to 100% [3] - The share sale was completed by mutual agreement between the founding Ferrer family and José Luis Bonet [4]
5 Things To Know: September 17, 2025
Youtube· 2025-09-17 11:16
Group 1: Chinese Tech Industry - Chinese internet authorities have instructed tech giants to cease purchasing all AI chips from Nvidia and to cancel existing orders, including a custom chip made for China [1] - The authorities are encouraging the purchase of Chinese-made chips, suggesting they are comparable to the H2O chip from China [1] Group 2: Mortgage Market - The average rate on a 30-year fixed mortgage has decreased by 12 basis points to 6.13%, marking the lowest level since late 2022 [2] Group 3: Ben & Jerry's - Jerry Greenfield, co-founder of Ben & Jerry's, has resigned, citing a loss of independence under parent company Unilever despite a unique merger agreement signed two years ago [3] - There have been ongoing clashes between Unilever and Ben & Jerry's over social issues since at least 2021 [3] Group 4: BYU Stock Performance - Shares of Chinese tech company BYU listed in Hong Kong surged nearly 16% following equity research firms upgrading their rating on BYU's US shares to "buy" from "sell," driven by a positive outlook for AI chip and cloud computing revenue [4]
X @The Wall Street Journal
“Even as the prices of other wines have risen in recent years—in some cases substantially—Prosecco prices have remained remarkably stable.” The bottles to buy now. https://t.co/P6S8HU0RIl ...
X @The Wall Street Journal
“Even as the prices of other wines have risen in recent years—in some cases substantially—Prosecco prices have remained remarkably stable.” The bottles to buy now. https://t.co/aX07GRZ8fI ...