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India’s Allied Blenders readies move into single-malt whisky
The new distillery is expected to produce around three million bulk litres annually and begin operations in the third quarter of FY28.
Hain Celestial maps margin uptick on road to profitability
“We see indications that the business is stabilising, profit margins are improving, and we have a stronger operating foundation” – CEO Alison Lewis.
Three major Diageo brands to get “mid-strength” options
The spirits giant is rolling out 20% abv versions of a trio of its flagship brands in the UK.
Chile creates domestic “low-alcohol wine” category
The Chilean government wants to align production with consumer demand and allow innovation within the domestic market.
Global travel retail offers ray of light amid spirits-industry gloom
As one of the few growth pockets in the spirits sector, global travel retail is more competitive than ever but the rewards mean brands should continue to invest.
Mahou San Miguel buys coffee brands
According to a statement from the company, the newly acquired brands will “complement” its Café170 range.
Unions ready strike action at Diageo’s Cameronbridge distillery
While GMB and Unite said ten jobs are on the block, Diageo claims there are alternative positions available.
Fevertree retains confidence in US profit outlook
The UK-based mixers business, which works with Molson Coors in the US, reported lower earnings across the Atlantic but insists the country is its “largest long-term growth opportunity”.
Nestlé CFO exudes confidence on targets with bolt-on deals on horizon
Speaking at the Barclays Global Consumer Staples Conference, Anna Manz discussed RIG, margins, coffee and emerging markets.
BAT VC arm backs UK protein soda start-up Feisty
The fledgling London-based business has raised “a six-figure sum” from BTomorrow Ventures and other unnamed investors.