Mexico: latest news, insights and analysis | ESM Magazine

Grupo Bimbo Names New Chief Executive

Mexico-based bakery giant Grupo Bimbo has announced the appointment of Rafael Pamias as its new chief executive, effective 1 May 2024.

Maersk Will Avoid Red Sea Despite EU Security Operation

Shipping company Maersk has said it is too early to resume sailings through the Red Sea due to a continued elevated risk level.

Coca-Cola Names Selman Careaga As President Of ASEAN And South Pacific Operating Division

Coca-Cola has appointed Selman Careaga as president of the ASEAN and South Pacific operating unit, effective 1 June.

Retailer Walmex To Invest Around €1.9bn In 2024

Mexican retailer Walmex is set to invest around 34.5 billion pesos (€1.88) in 2024, up 19% from previous year.

ShopFully Acquires Ofertia App And Website

European drive-to-store company ShopFully has acquired the Ofertia website and app, a platform offering deals and promotions in Spain, Mexico, and Colombia...

Tequila Giant Becle Sees Margins Growing After Troubled Year

Mexican distiller Becle said it expects its profit margins to slowly improve thanks to lower input costs that helped it post a forecast-beating fourth quar...

Diageo Faces Fight to Regain Investor Confidence As Mexican Sales Slow

Diageo faces a battle to win back some investors' trust following last month's profit warning as the Johnnie Walker whisky and Tanqueray gin maker tries to...

Orange Juice Prices Hit All-Time High Amid Bleak Production Outlook

Prices for orange juice rose to the highest on 31 October since future contracts started trading in New York in 1966 as an outlook for limited production i...