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Weekly Roundup... 17 August 2021

Published on Aug 17 2021 5:15 AM in Retail tagged: Brexit / European Union

Weekly Roundup... 17 August 2021

European Union exports to Britain rose solidly in June from May, data released by the European Union statistics office showed on Friday, contrasting with a slight drop in the bloc's exports to the rest of the world. Eurostat said that EU's seasonally adjusted exports to Britain, which left the EU's single market at the start of the year, increased by 4.7% in June on the month, whereas imports from the UK were 'nearly unchanged'. The EU's growth in exports to Britain coincided with a 0.6% drop in the bloc's exports to the rest of the world on the month, Eurostat said. On the year, non adjusted figures showed that the 27-country bloc recorded in June a 22.3% increase in exports for a total volume of €188.3 billion ($221.1 billion), and a 29.6% rise in imports resulting in a trade surplus of €14.8 billion, down from €20 billion in June 2020.

PepsiCo Inc is planning to launch a Mountain Dew-branded alcoholic beverage in the United States early next year, months after Coca-Cola Co launched its first alcoholic drink in the country. Truly hard seltzer maker Boston Beer Co will develop and make the flavoured malt beverage, which will be called 'Hard Mtn Dew'. The drink will be citrus flavoured and have an alcohol by volume of 5%, the companies said. "We know that adult drinkers' tastes are evolving, and they are looking for new and exciting flavourful beverages," said Dave Burwick, chief executive officer, Boston Beer.

Lidl Italia has added a new range of more than 20 climate-neutral SKUs whose CO₂ emissions are offset through a number of climate and environmental projects. The range, which forms part of the broader CSR strategy at the Italian retailer, aims to have a positive impact on climate protection and consequently on the conservation of biodiversity and resources, according to Lidl Italia board member, buying and marketing, Eduardo Tursi. The entire Vemondo range, as well as the Cien Nature and W5 Eco brands and a selection of promotional items including textiles, toys and leisure products, boast fully-offset carbon emissions.

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