Rémy Cointreau’s “transformation plan” raises more questions than answers
It has been a rocky 18 months for spirits major Rémy Cointreau, with the French group seeing sales and earnings …
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Heineken sells DR Congo unit Bralima
Heineken has sold its DR Congo operating arm Bralima, a deal that marks the end of the Dutch brewer's physical presence in …
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Boom Chaga owner buys Kombucha Town
The Better For You Company, the owner of functional mushroom drinks brand Boom Chaga, has acquired Kombucha Town out of …
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Constellation confident on improving wine-and-spirits EBIT margins
Constellation Brands insists it can improve the EBIT margins from its wine and spirits business in the "medium-term". The group has …
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Simply Good Foods CEO sets out stall to fix “executional challenges”
Simply Good Foods is confident the US nutrition business is “well positioned” to fix the “executional challenges” that dogged its …
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Sazerac ‘approach’ sends Brown-Forman shares soaring
Shares in Brown-Forman jumped more than 12% today (9 April) after a report said Sazerac had approached its fellow US …
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Iran crisis: Inflation uncertainty turns to ‘when’ rather than ‘if’
It’s now inevitably a case of when rather than if food prices will rise in the shops despite a two-week …
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Constellation lowers outlook for new fiscal year amid “dynamic” conditions
Constellation Brands has adjusted its forecast for its upcoming financial year amid "dynamic" operating conditions and "limited near-term visibility". For its …
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Mezcal brand Dos Hombres expands into Tequila
Dos Hombres, the mezcal brand co-founded by actors Aaron Paul and Bryan Cranston, is set to enter the Tequila market. The …
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Simply Good Foods slashes outlook, slips to second-quarter loss
Simply Good Foods has slashed the Atkins brand owner’s outlook for sales and profits, with a “turnaround” plan set in …
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Pronghorn invests in Tequila brand Humano
Spirits incubator Pronghorn has invested in US business Humano Tequila. The financial terms of the investment were not disclosed, nor how …
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Kenya court rejects distributor bid to stop Diageo EABL sale
A court in Kenya has dismissed an attempt by a distributor to block Diageo’s sale of its stake in East …
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Rémy Cointreau launches bid for growth
Rémy Cointreau has outlined plans to kick-start its sales and profits and made changes to the company's management. The France-based spirits …
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Alberta politicians table plans for whisky definition
A bill has been tabled in Alberta to define the whisky made in the Canadian province. Legislators in the Canadian province …
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Heaven Hill Brands to end operations at Deep Eddy vodka site
Heaven Hill Brands is to end operations at one of its Deep Eddy vodka sites in Texas. The family-owned US spirits …
