Shares in Helens International Holdings rose by 22.9% on their debut at the Hong Kong Stock Exchange today, minting a new billionaire from the country’s growing pub business. Chairman and CEO Xu Bingzhong, 47, owns 861 million shares in Helens that were worth HK$20.9 billion, or $2.7 billion, at today’s closing price of HK$24.30.
Food & Drink
Back in 1855 a group of Bordeaux merchants at an Exhibition in Paris decided to make some sense of the myriad estate vineyards by classifying them according to which wines consistently sold for the highest prices within the industry. That classification, which ranked wines from premier crus (first growths) to Cinquième crus (fifth growths). Sixty-two
A secret garden of vineyards sit at 2,300 feet and beyond in elevation within a tiny wine region called Almansa in Spain, surrounded by limestone mountains called El Mugrón that protect the old, dry-farmed bush vines that are ungrafted as it is a place that is quite isolated from anything from the outside world. Ungrafted
The Great American Beer Festival might have not happened in person this year, but the beer festival’s beer competition, the largest commercial beer competition in the world, did go on. This year marked the largest competition to date, with medals awarded in 97 different beer categories covering 175 different beer styles. “Despite being forced to
When it comes to drinking blended wines, it’s pretty rare for you to have the opportunity to not only try the blend, but also all of the components that went into making it. The Vice Napa Valley Wines is offering consumers the unique opportunity to do just that through its “The Tri” Tasting kit and
When it comes to price, Walmart has always delivered, but consumers these days want more than low cost and many choices. In the age of Amazon and a pandemic where curbside and delivery became “essential,” consumers want convenience. As part of its effort to provide quick, cheap delivery and compete with Amazon, Walmart recently expanded
They say imitation is the sincerest form of flattery and so like many of its competitors, Burger King has recruited a few celebrities to try and sell its products. Nelly, Lil Huddy and Anitta have signed on for the chain’s new Keep It Real meals, promoting its move to ban 120 artificial ingredients as part
Barbecue chicken is universally loved and also not considered “serious BBQ” by grilling and barbecue aficionados. I think that is because the barbecue part has more to do with a sweet red [bottled] sauce than real barbecue. The barbecue chicken that most of us grew up on was made by slathering chicken pieces with that
This story is part of Forbes’ coverage of Philippines’ Richest 2021. See the full list here. The $1 billion IPO in June of instant noodle maker Monde Nissin—the country’s biggest listing to date—gave a major boost to the wealth of its controlling shareholders and added three newcomers to the ranks. The Philippine food giant was cofounded 42
U.S. consumers’ climbing interest in skyr, an Icelandic yogurt that delivers more protein using four times the amount of dairy than traditional yogurt, bodes well for Thor’s Skyr, the latest brand cofounded by Icelandic strongman Hafþór Björnsson, actor Dylan Sprouse, and restaurant industry veteran Unnar Danielsson. Yogurt sales in the U.S. have been relatively flat
For Dolly Meckler, founder of Challah Dolly, the Jewish High Holiday season that includes Rosh Hashanah (which is the Jewish New Year) and Yom Kippur (the Day of Atonement), can essentially be considered her business’ “Black Friday” in terms of demand. Meckler’s signature selection of challah loaves are available year-round on Challah Dolly’s website, but she
Since August 10th, unionized bakery plant workers in five states who make Oreos, Ritz and Chips Ahoy, have been on strike. Here is what two striking bakery workers have to say. Carl Miller has worked for Nabisco for 34 years and is a member of BCTGM (Bakery, Confectionary, Tobacco, Grain Millers) Local 358 in Richmond, Virginia. Mike
Hollywood, California is obviously no stranger to cutting-edge nightlife. So when the Dream Hotel opened in this famously vibrant section of Los Angeles five years ago, it needed to come correct. This took the form of diverse lounge and leisure options accompanying its 178 stylish guest rooms. The energy runs from a modern and verdant
It was George Gershwin who taught us that in summertime the livin’ is easy—which is why it has always seemed fitting that Labor Day, a holiday for workers, is the symbolic end of the season. So whether you want to raise a glass to those final lazy, hazy days or you feel the need to
Very little sleep was had by Domaine William Fèvre’s cellar master Didier Séguier while he fought 20 nights of frost over a span of only 29 days in the Chablis wine region in northern France in April earlier this year. “And the temperatures were very, very low this year, around -8 Celsius [18 Fahrenheit],” Didier
Labor Day is upon us! Whether you’re getting the crew together to celebrate this weekend or just having a quiet weekend at home, the right cocktail can be just what you need to take your celebration to the next level. When it comes to what to make, you’ve obviously got a ton of options. No
From tourism experiences to fashion events and shockingly successful cheesie gimmicks, promotional ice cream trucks have been big media headliners in the Big Apple this summer— but those who thought that all of the flavorful fun was about ice cream alone would have totally missed the pint. Here’s the scoop… While consumers got to enjoy
Mooyah Burgers Fries and Shakes opened its first New York City location near iconic Times Square in February 2020. We all know what happened a month later. The proliferation of the COVID-19 pandemic upended everything in the restaurant space and, for Mike Sebazco, Mooyah’s vice president of operations, coming up with a pandemic playbook from
Chipotle has experienced wild success with its loyalty program throughout the pandemic. According to executives on the brand’s most recent earnings call in July, Chipotle Rewards has created deeper levels of engagement and has driven higher checks and frequency. The program now includes nearly 24 million members, representing about 25% of the brand’s customers. Those
Tahmina Ghaffer started Moonflowers in 2020 as a homage to Afghanistan. Moonflowers is a premium saffron company. Her brand was inspired by Middle Eastern poetry, architecture, and her ancestors; her mission is to bring dignified work to women in Afghanistan. She works exclusively with women in the Herat province of Afghanistan to harvest this delicate