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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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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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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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 …
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MGP Ingredients halts production at two US distilleries
US spirits producer MGP Ingredients is temporarily pausing distilling operations at two of its facilities in Kentucky. In a statement yesterday …
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Italy’s Angelini Wines buys control of local peer Arnaldo Caprai
Italian wine group Angelini Wines & Estates has taken a majority stake in local peer Arnaldo Caprai for an undisclosed …
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Ex-Treasury COO calls for shake-up at wine giant
Treasury Wine Estates must “simplify” its structure, give Asia more attention and review its business in the US to wrest …
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Diageo, PepsiCo pull UK festival sponsorship amid Kanye West backlash
Diageo, PepsiCo and Anheuser-Busch InBev have said they will drop their sponsorship of a UK festival amid growing criticism of …
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Hood River Distillers buys Crater Lake Spirits brands
Hood River Distillers has snapped up the Crater Lake Spirits brand portfolio from fellow US group Bendistillery. The deal centres on …
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Purcari Wineries buys Romania’s CaraprodVin
Central and eastern European wine group Purcari Wineries has struck a deal to acquire Romanian wine producer CaraprodVin from its …
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Firestone Walker buys US rights to Trumer Pils
Firestone Walker Brewing Company has acquired the US rights to Trumer Pils from The Gambrinus Company. The deal will see Firestone …
