Post
LVMH CEO ‘probed over money laundering’
Bernard Arnault, CEO of luxury-goods group LVMH, is reportedly being investigated in France for money laundering. The Paris public prosecutor's office …
China recovery should not distract from global travel retail’s problems
Almost four years since Covid-19 was first detected in the Chinese city of Wuhan, the world is still feeling the …
Vintage Wine Estates to restate numbers
US wine supplier Vintage Wine Estates is to re-publish its financial results for the first three quarters of its most …
Dutch grocers Ahold Delhaize, Jumbo join buying groups
Ahold Delhaize and Jumbo have signed up to pan-European buying consortiums. In separate deals, Ahold Delhaize has joined Eurelec, the purchasing …
Biggar and Leith to launch Shanky’s Whip in India
US spirits group Biggar and Leith has secured an importer to launch its Irish whiskey liqueur Shanky’s Whip in India. C2C …
Just Drinks’ week in data: energy drinks in India, non-alcoholic beer in UK and China’s thirst for bottled water
Alongside our daily news coverage, features and interviews, the Just Drinks news team sifts through the week’s most intriguing data sets to bring you a roundup of …
Signal: Coca-Cola Europacific Partners invests in UK manufacturing site
Coca-Cola Europacific Partners (CCEP), the world’s largest independent bottler of Coca-Cola Co. products, has announced a £31m ($38m) investment in …
Carlsberg gets green light to buy shares in Carlsberg South Asia but deal “timing” uncertain
Carlsberg has been given the green light by the Competition Commission of India (CCI) to acquire the shares of its …
Campari Group to distribute three Proximo Spirits brands in France, Monaco
France’s Campari Group is to distribute two whiskies and a rum for US peer Proximo Spirits in mainland France and …
France’s La Martiniquaise-Bardinet to focus on domestic growth for Cutty Sark whisky
French spirits group La Martiniquaise-Bardinet (LMB) said it hopes to “regain” its domestic market for Cutty Sark whisky amid the …
Newlat, financial investors ‘eye Princes’
Newlat, the Italy-based food manufacturer, is reportedly among a number of parties interested in UK food and drinks group Princes. Sky …
Duckhorn Portfolio CEO Alex Ryan to step down from US wine group
Duckhorn Portfolio CEO Alex Ryan is to step down after 42 years at the Napa-based wine group and 12 years …
Why the Kroger-Albertsons-C&S deal is unlikely to win over the FTC
The plan drawn up by Kroger and Albertsons to sell more than 400 of their stores to C&S Wholesale Grocers …
Pernod Ricard invests in US non-alcoholic retailer Boisson
Pernod Ricard has invested in US-based non-alcoholic beverage retailer Boisson, as part of a $5m bridge round. New York-headquartered Boisson said …
UK government to review ‘alcohol-free’ regulations
The UK government is holding a public consultation to review the threshold for labelling a beverage as “alcohol-free”. The consultation will …