08 March 2024
08 March 2024
Just Drinks brings you a snapshot of the week’s news through data.
The US group is looking to shed units to focus on its “unique wine and cider business”.
Speaking to analysts, CEO Lawson Whiting said the company expected “this inventory conversation” to “largely be over”.
“Really, if the category wanted to come together, everybody would talk about 0% to 0.5% [abv] being alcohol-free” – Laura Willoughby.
Poland-based Stock Spirits will take on Rémy Cointreau’s stable of brands in the markets from 1 April.
Krombacher has distributed the Bavarian-style lager in Germany for four years and the deal will now take in markets including Italy, France, Croatia and the UK.
The Singapore-based business sells its meat-alternative products in ten countries.
Marathon Partners Equity Management also recommended Mexico-listed Becle re-list on a “major” stock exchange.
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