Alcohol

Consumer

Will the Drink Industry’s Hangover Last Through 2025?

Photo by Paloma A. via Unsplash

In a 2023 Gallup survey, 62% of American adults under 35 said they drink alcohol, down from 72% twenty years earlier.

2 min read

Photo by Eva Rinaldi via CC BY-SA 2.0

Consumer

Pernod Ricard Dumps Most Wine Holdings as Grapes Sour

Paris-based Pernod Ricard announced Wednesday that it’s selling most of its wine portfolio to a consortium of Australian wine investors.

1 min read

Photo by Dinkun Chen via CC BY-SA 4.0

Autos

Honda and Nissan Officially in Talks to Merge Into World’s Third-Largest Automaker

Spurred by “the rise of Chinese power,” Japanese automakers Honda and Nissan announced Monday that they are in talks to merge.

2 min read
Photo via LEGO

Consumer

Lego is Carrying the Toy Industry

The secret ingredients to Lego’s success? A clutch of licensing deals and finding ways to sell Lego sets to kids well over the age of 30.

2 min read
Photo via Ray-Ban

Big Tech

Meta Looks Back to the Metaverse with Rose-Tinted Ray-Bans

By expanding its partnership with Ray-Ban, Meta is turning its attention back to building futuristic hardware.

2 min read

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