Winc Offers More Than 100 Wine Choices with Subscription Service
Winc is the fastest growing U.S. wine company offering more than 100 wines to subscribers of its service. Alyssa Julya Smith sits down with Winc COO and Co-Founder Brian Smith to talk about some of the latest wine trends.
Brian explains that rosé is trending and will continue to be a huge trend in 2018. He says that some of the other interesting trends, include different varieties of wines and combining grapes that are not part of the normal wine list of selection.
Smith also explains that champagne is taking a backseat and many are interested in California sparkling wine as something that is more affordable for everyday consumption. He acknowledges that the millennial generation is open to breaking the rules on tradition and that includes boxed wine as well.
Nestlé has dismissed its CEO Laurent Freixe after an investigation into an undisclosed relationship with a direct subordinate. The company announced on Monday that the dismissal was effective immediately. An investigation found that Freixe violated Nestlé’s code of conduct. He had been CEO for a year. Philipp Navratil, a longtime Nestlé executive, will replace him. Chairman Paul Bulcke stated that the decision was necessary to uphold the company’s values and governance. Navratil began his career with Nestlé in 2001 and has held various roles, including CEO of Nestlé's Nespresso division since 2024.
Kraft Heinz is splitting into two companies a decade after they joined in a massive merger that created one of the biggest food companies on the planet. One of the companies will include brands such as Heinz, Philadelphia cream cheese and Kraft Mac & Cheese. The other will include brands like Oscar Mayer, Kraft Singles and Lunchables. When the company formed in 2015 it wanted to capitalize on its massive scale, but shifting tastes complicated those plans, with households seeking to introduce healthier options at the table. Kraft Heinz's net revenue has fallen every year since 2020.
