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Treasury Wine Estates moves to “regional operating model”

Shares in the Daou Vineyards owner shot up more than 16% today following the announcement.

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Carlsberg invests in expansion of Nepal facility

The brewer cited a “stable operating environment and growing beer market” as primary drivers for the investment.

Guru sues PepsiCo for alleged distribution agreement breach

The Montreal-based company is seeking C$15m ($11m) in damages from The Pepsi Bottling Group (Canada).

“This is quite a big day for us” – key takeaways as ABF splits food from Primark

CEO George Weston said ABF’s food assets “position us well for long-term structural growth trends that we see in food demand”.

Jobs to go as Simply Good Foods tackles costs

The maker of products sold under the Quest and Atkins brands also announced immediate changes to its senior management.

Benchmark Drinks aims to bridge “affordability and quality” with UK wine launch

The All (Good) Things range comprises three wines: a Sauvignon Blanc and Shiraz from Western Australia and a New Zealand Sauvignon Blanc.

Next week: Barcelona-bound for Just Drinks’ annual beer conference

Attendees can also hear from companies including Estrella Galicia, Corporación Hijos de Rivera, König Ludwig International and Mark Anthony Group.

GLP-1 uptake “almost doubles” in UK – research

Polling by UK research body the IGD showed 6% of UK adults were using the drugs in March.

Green shoots? It’s still too early to call recovery in spirits

Both Moët Hennessy and Pernod remain cautious about the rest of the year and who can blame them, given the recent global performance of the spirits category?