Snacks pricing, “urgency” on drinks – takeaways from PepsiCo’s Q3 results
PepsiCo has been under pressure to improve its performance since activist investor Elliott Investment Management went public last year with …
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US ‘craft’ distillery numbers fall as sales slide
The number of active US ‘craft’ distillers has declined while sales of US craft spirits also shrunk in value and …
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Campari chairman ‘asked to face trial on tax evasion allegations’
Campari chairman Luca Garavoglia has reportedly been asked by Italian prosecutors to stand trial over alleged tax evasion. Reuters, citing sources, …
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Poland’s lower house passes curbs on alcohol sales, ban on advertising
Poland’s lower house has backed a bill to extend a ban on alcohol advertising and introduce curbs on off-premise sales …
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Scotch industry lodges appeal over English whisky GI
The Scotch Whisky Association has filed an appeal against the UK government’s approval of a Geographical Indication (GI) for English …
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PepsiCo to cut costs after lowering earnings outlook
PepsiCo has indicated it will cut costs after lowering its earnings outlook for 2026 on the back of margin pressures …
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Beer core but Constellation open to more outside deals
Constellation Brands sees beer as central to its growth prospects but is able “to dial in other areas of growth” …
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Carlsberg proposes to shut Marston’s brewery in UK
Danish brewing giant Carlsberg has set out plans to close its Marston's brewery in the UK, pointing to a weak …
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Coca-Cola expands prebiotic push with “test-and-learn” NPD
The Coca-Cola Company is testing consumer appetite for prebiotic soft drinks in the US through a pilot launch of products …
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Amber Latvijas Balzams creditors reject repayment plan
Amber Latvijas Balzams has applied to terminate its legal protection proceedings after creditors rejected a plan to restructure the Latvian …
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What barriers and opportunities face functional beverage makers?
Enter any large supermarket in the UK today and you will almost certainly find a dedicated ‘functional drinks’ section of …
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Japan’s anti-trust watchdog raids four major brewers in price cartel probe
Japan's anti-trust body has searched the offices of four local brewing giants including Asahi and Sapporo, over allegations they breached …
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Heaven Hill sells liqueur brand Irish Mist
US spirits group Heaven Hill Brands has offloaded liqueur brand Irish Mist to Ireland-based The Old Canal Quay Spirits Company. The …
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Constellation Brands acquires spirits RTD brand SpikedAde
Constellation Brands has bought US RTD brand SpikedAde in a deal that could be worth up to $353m. In a statement …
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Treasury Wine Estates cuts 170 jobs in push for “simpler” organisation
Treasury Wine Estates has laid off more than a hundred jobs, mostly across the Australian wine giant's global "corporate functions". A …
