Treasury Wine Estates moves to “regional operating model”
Treasury Wine Estates has set out how it will reorganise its business structure to operate more effectively and improve efficiency. Shares …
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Benchmark Drinks aims to bridge “affordability and quality” with UK wine launch
UK-based Benchmark Drinks believes it has spotted a gap in the “key segment” of wines priced £8-10 it can fill …
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Carlsberg invests in expansion of Nepal facility
Carlsberg is investing NRs10bn ($66.8m) to expand its operations in Nepal, a country the brewing giant sees as a “key …
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Jobs to go as Simply Good Foods tackles costs
The Simply Good Foods Company is to cut jobs as the US food and drinks group looks to reduce costs …
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Next week: Barcelona-bound for Just Drinks’ annual beer conference
Executives from Heineken, Asahi, Damm and Mahou San Miguel are to feature at Just Drinks’ annual International Beer and Cider …
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Brown-Forman mum on ‘favouring Pernod bid’
Brown-Forman has refused to be drawn on reports that suggest the business is prefers a deal with Pernod Ricard over …
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Sapporo to sell Stone Brewing assets
Sapporo Holdings has agreed to offload Stone Brewing assets to Firestone Walker and another US subsidiary of the Belgian brewer …
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Guru sues PepsiCo for alleged distribution agreement breach
Canadian energy drink maker Guru Organic Energy has filed a lawsuit against a local PepsiCo subsidiary for allegedly violating …
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“This is quite a big day for us” – key takeaways as ABF splits food from Primark
The big moves keep coming from Associated British Foods, now with the much-contemplated spin-off of its food assets and clothes …
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Carlsberg gains more PepsiCo rights as Royal Unibrew contract ends
Carlsberg is set to gain PepsiCo distribution and bottling rights in Northern Europe, with the change coming as Royal Unibrew’s …
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Supreme strikes UK Carabao tie-up
UK FMCG group Supreme has secured a five-year licence to manufacture and distribute Carabao energy drinks. The Thai group's energy and …
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GLP-1 uptake “almost doubles” in UK – research
The proportion of UK adults on GLP-1 weight-loss drugs stood at 6% in March, almost double the level of nine …
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Twinings owner ABF to split grocery assets from retail arm Primark
Associated British Foods is pressing ahead with plans to separate Primark from its food-and-drinks operations. The decision follows a review ABF first announced in …
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Supreme shares rally on upbeat trading update
UK-based FMCG group Supreme has said its annual sales and profits will likely beat market expectations. In a trading update yesterday …
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Green shoots? It’s still too early to call recovery in spirits
April in the Northern Hemisphere is a month of promise: longer days, flowers in bloom, warmth. In my neck of …
