Constellation Brands eyes South Africa for future growth The US wine and spirits group, which owns the Corona brand among others, has said that it is looking to "unlock" the South African market and compete with domestic brands in the region. Read more.

Elemis to open first-ever standalone store The skincare firm has announced plans for its debut standalone shop, in London's Seven Dials. Elemis will join a string of other beauty brands on the street, including Aēsop, Byredo, and Deciem. Read more.

Trading picks up at Revolution Beauty The beauty brand has upgraded its sales and profit guidance following a period of strong trading. The business is pushing ahead with its growth plan to reach £1bn in retail sales over the next six years, and expects to bring in adjusted EBITDA of £12m. Read more.

UK sales dip at Fever-Tree, but brand remains positive The premium mixers business has recorded a slight drop in its UK turnover in the year to 31 December 2023, with revenue falling 1% from £116.2m in 2022 to £114.8m. However, the group has said that it still expects to achieve 10% growth this year. Read more.

Mars invests $70m in New Jersey site Mars has announced it has invested over $70m in its New Jersey site to enhance innovation and manufacturing. The consumer goods giant plans to establish a R&D innovation studio, and also focus on improving manufacturing efficiencies. Read more.

LA Brewery raises £725,000 to support growth Non-alcoholic brand LA Brewery has raised £725,000 in its most recent crowdfunding campaign. It plans to use the funds to focus on ecommerce customer acquisition, as well as capacity investment at its brewery based in Suffolk. Read more.