Diageo talks “steadfast commitment” to global travel retail
Take a visit to most travel retail outlets worldwide and it’s highly likely you’ll spot a Diageo brand or two …
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Sapporo cuts sales forecast – but lifts profit guidance
Sapporo Holdings has lowered its forecast for annual revenue but raised its guidance for profits. The brewer now anticipates revenue of …
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Asahi still feeling impact of cyberattack
Asahi Group Holdings continues to deal with the impact of the cyberattack that hit its domestic business in September. The Super …
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Lucky Energy raises $25m to support further US expansion
US-based energy drink start-up Lucky Energy has raised $25m in its latest Series B funding round. The round was led by …
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EU member states ‘want another EUDR delay’
European Union countries are reportedly looking to push back implementation of the EU Deforestation Regulation (EUDR) legislation by another year. In …
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Israel’s Gad Dairies partners with Remilk in ‘cow-free’ drinks launch
Israel’s Gad Dairies has partnered with local food-tech Remilk to develop and launch The New Milk drinks range made “without …
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What does Diageo’s new CEO Sir Dave Lewis bring to the table?
After months of uncertainty, investors are likely breathing a sigh of relief with the knowledge of a permanent new leader …
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“Timing is right” – Splash Beverage founder, CEO steps down
Robert Nistico, the founder, CEO and chairman of Splash Beverage Group has resigned from his executive positions at the company. He …
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Feragaia sells majority stake to Isle of Raasay whisky owner
Feragaia has sold a majority stake in its non-alcoholic spirits business to Scottish luxury goods group Chanrossa, the owner of Isle …
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“Maybe it’s time to do something different” – ABF split could prove positive for grocery
Associated British Foods may recently have gone some way to answer the persistent questions it has faced about its future …
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Food-and-bev veteran Chibe named Tropicana CEO
Tropicana Brands Group has named former Pabst Brewing Company chief executive Paul Chibe as its new CEO. Chibe, whose appointment takes …
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Diageo names former Tesco boss new CEO
Diageo has appointed former Tesco CEO Sir Dave Lewis as its new chief executive. The move concludes the Guinness and Johnnie Walker owner’s search …
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Trip “valued at $300m” after $40m raise
UK drinks company Trip is now "valued at over $300m" after securing $40m to accelerate its growth in the US. The Series A …
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PE firm Investindustrial buys US private-label supplier TreeHouse Foods
Private-equity firm Investindustrial has moved to buy US private-label manufacturer TreeHouse Foods. The transaction values the food-and-drinks supplier at US$2.9bn. So far …
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Coca-Cola HBC invests in Northern Ireland bottling line
Coca-Cola HBC is investing in a new recycled plastic bottling line at its Knockmore Hill facility in Lisburn, Northern Ireland. The …
