Germany’s Eichbaum plans revamp after filing for administration
German brewer Eichbaum has laid out plans to restructure the business after filing for administration this week. In a statement, the …
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Campari deserves praise for progress
A year ago, the day before Hallowe’en was something of a horror show for Campari. The Aperol maker’s shares tumbled …
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US Attorneys General urge Congress to ban hemp THC products
A coalition of 39 US state attorneys general is urging the US Congress to tighten the federal definition of hemp …
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Princes Group London IPO gets muted response as trading starts
Princes Group marked its debut on the London Stock Exchange today (31 October) but received a cool response from investors. Shares …
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Vita Coco lifts forecasts on coconut water wave
The Vita Coco Company has raised its forecasts for sales and underlying EBITDA after reporting higher sales and profits in …
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AB InBev in talks to replace Heineken as UEFA beer partner
AB InBev is in negotiations to become a global partner for the next cycle of UEFA men's club soccer competitions. The …
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Rémy Cointreau trims full-year sales guidance amid China, US woes
Rémy Cointreau has cut its sales forecast for the 2025-26 fiscal year, citing worsening market conditions in China and a …
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“Relaxation” drinks firm Recess secures funding, names new CEO
US “relaxation” drinks firm Recess has raised $30m in a Series B round and named Nutrabolt executive Kyle Thomas as …
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Zamora Co. buys majority of Spanish winery Godeval
Zamora Company has acquired a majority stake in Spain's Bodegas Godeval to strengthen its position in white wines. The owner of …
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Kraft Heinz bearish on outlook amid volume decreases ahead of split
Kraft Heinz has painted a more bearish outlook for the year’s sales and profits as the US-based food and drinks …
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Diageo moves to dismiss Tequila purity lawsuit in Florida
Diageo has filed a motion to dismiss a lawsuit in Florida that alleges its Tequila brands Casamigos and Don Julio …
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Varun Beverages and Carlsberg enter distribution tie-up in Africa
India-based PepsiCo bottler Varun Beverages is set to enter alcohol through a distribution agreement with Carlsberg in Africa. Alongside its third-quarter …
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Pernod Ricard IR VP named CEO of Corby Spirit and Wine
French spirits giant Pernod Ricard has appointed Florence Tresarrieu as the new chief executive officer of its Canadian business Corby …
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French wine group Maison Mirabeau enters China
French wine producer Maison Mirabeau has established a new distribution deal with importers Brinkman Beverages and Sommelier International in China. The …
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UK-based Ipro Hydrate heads into protein water
UK-based functional hydration beverages maker Ipro Hydrate is expanding its range with the launch of a protein water later this …
