Pernod not counting on “material bounce back” in US for now, says CFO
Pernod Ricard expects the "slight improvements" it has seen in US sales to continue but is not betting on a …
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Żubrówka’s latest US importer on new push behind “one of a kind” vodka
Żubrówka, one of the world's best-selling vodka brands, has had a difficult history in the US. Imports of the brand's …
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Beyond Meat moves protein drinks line into energy
Beyond Meat has extended its drinks line Beyond Immerse into energy, with the launch of a line of beverages containing …
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MGP Ingredients to change name to Sempreon
US distilling group MGP Ingredients is rebranding and changing its name to Sempreon as part of plans to bring its …
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THG lifts earnings forecast on sports nutrition business
UK-based THG has upgraded its earnings guidance for the year on the back of a "stronger performance" from its sports-nutrition …
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German government backs sugar tax plan
Germany's federal cabinet has approved draft legislation for a tax on sugary drinks. In a statement, the country's Federal Finance Ministry …
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Hijos de Rivera sets up Germany subsidiary
Spanish brewer Corporación Hijos de Rivera, the owner beer brand Estrella Galicia, has expanded its international footprint with a subsidiary …
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Strike action at Diageo site suspended ahead of talks
Strike action at a Diageo site in Scotland has been shelved ahead of talks between the spirits giant and union …
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Sale talks for Uncle Nearest assets continue, receiver says
Discussions on the sale of most of Uncle Nearest's assets are ongoing after a transaction with an unnamed buyer failed …
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Latvia tax authority refreezes Amber Latvijas Balzams accounts
Latvia’s State Revenue Service has reinstated a freeze on the bank accounts of Amber Latvijas Balzams. Last week, the spirits producer exited …
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Capturing true essence: How technology is powering modern ready-to-drink beverages
The global ready-to-drink alcoholic beverage sector is experiencing a major transformation driven by a shift in consumer expectations. Younger consumers, …
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Proda sees “compelling” opportunity for protein in functional drinks
Fledgling US brand Proda is optimistic about the use of protein in functional drinks amid rising consumer demand for the …
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PepsiCo estimates lower Poppi pay-out bill
PepsiCo has lowered the estimated value of an earn-out consideration it may owe the former owners of Poppi. The US drinks …
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Olvi share price drops on profit warning
Shares in Olvi tumbled today (13 October) after the Finnish drinks company issued a profit warning. In a stock exchange filing, …
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Nestlé earmarks more cash for Mexico
Nestlé is planning to spend another $1bn on its business in Mexico up to the end of 2030. The Swiss giant …
