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“There is still a future for these brands” – Pernod Ricard’s House of Tequila on the spirit’s global potential
Tequila’s slowing growth in the US last year is likely to have pushed many spirits heavyweights to reassess their strategies …
Coca-Cola signs $1.1bn deal with Microsoft in generative AI push
The Coca-Cola Company has signed a $1.1bn deal with Microsoft to improve its cloud computing and adopt the tech giant’s …
Super Bock to distribute Schweppes in Portugal on-trade
Portuguese brewer Super Bock Group has struck a deal with Suntory Beverage & Food to distribute the Schweppes and La …
Boston Beer launches non-alcoholic RTD fruit brew brand
Boston Beer Co. has launched a non-alcoholic ready-to-drink (RTD) fruit brew called General Admission in the US. The Samuel Adams brewer …
Henkell Freixenet temporarily cuts Spanish workforce
German wine and spirits group Henkell Freixenet is temporarily reducing its Spanish workforce due to drought conditions and lower yields …
Pernod Ricard-backed Sainte Marguerite en Provence buys French wine estate Aux Terres de Ravel
Pernod Ricard is expanding its wine portfolio in France’s Côtes-de-Provence with the acquisition of the Aux Terres de Ravel estate. Aux …
Carlsberg opens Kazakhstan non-alcoholic production facility
Carlsberg has opened a production centre for non-alcoholic beverages at its brewery in Kazakhstan. The group said the new facility will …
Paulaner owner Schörghuber Group appoints new CEO
Paulaner brand-owner Schörghuber Group has appointed co-CEO Florian Schörghuber as its sole chief executive. Mr Schörghuber, who will take on the …
Under a month to go: Just Drinks’ beer conference in Portugal
Just Drinks is getting ready for its twenty-sixth International Beer Strategies Conference, which takes place in the Portuguese city of …
Corby Spirit and Wine acquires RTD brand Nude Beverages
Corby Spirit and Wine Limited has bought Canadian ready-to-drink brand Nude Beverages. The company, majority owned by Pernod Ricard, is paying …
Kroger, Albertsons to sell more stores in push for merger approval
Kroger and Albertsons have set out plans to sell more stores to C&S Wholesale Grocers in a bid to get …
US unions accuse PepsiCo of unfair labour practices
Five Teamsters unions in the US have filed charges of unfair labour practices charges against PepsiCo, claiming it the food …
Reality on plastics laid bare as treaty talks resume
Unilever hasn’t had a great few weeks. Once seen as the corporate cheerleader for businesses doing good it has found …
SBTi chief seeks to allay fears over Scope 3 policy shift
Climate-certification organisation Science Based Targets Initiative (SBTi) has sought to diffuse tensions with its own staff over its proposals on …
Investment group Bridgepoint ‘eyes sale’ of Sweden’s Vitamin Well
British private investment firm Bridgepoint Group is reportedly eyeing up the sale of its Swedish functional drinks business Vitamin Well. The …