Spirits’ struggles mean more cautious majors – and harder task for startups
Well, that didn’t take long. Just a couple of weeks after Diageo CEO Sir Dave Lewis bemoaned the company’s underrepresentation …
Post
-
-
Mercer Wine Estates to acquire Washington wine brands
Washington-based Mercer Wine Estates has struck a deal to add four wine brands to its portfolio. The Matthews, Tenor, Jaine and …
-
Heineken CFO “cautious” on Europe volumes recovery
Heineken CFO Harold van den Broek has said he does not "want to be too optimistic too soon" on the …
-
Wine groups AdVini, Cordier by Invivo strike assets-and-shares deal
International wine group AdVini has agreed a deal to buy a clutch of assets from Cordier by Invivo. In a joint …
-
Löfbergs CEO to leave coffee group for Humble hot seat
Anders Fredriksson, the CEO of Swedish coffee business Löfbergs, is stepping down from his position to lead local FMCG group …
-
Gen Z alcohol consumption habits are “cyclical”, Brown-Forman CEO says
Gen Z's lower alcohol consumption compared to earlier generations is "cyclical", Brown-Forman CEO Lawson Whiting has said. Speaking at the UBS …
-
Ex-Campari CEO forms low-and-no “venture builder”
Former Campari CEO Bob Kunze-Concewitz has co-founded a start-up studio to support emerging low-and-no-alcohol businesses. The Liquid Ventures firm was described …
-
Bronco Wine strikes distribution deal in premium push
Bronco Wine has entered a sales and distribution tie-up with US brands Brilliant Mistake and When She Was King. In a …
-
Former Molson Coors, BeatBox execs join Garage Beer C-suite
US brewer Garage Beer has added former Molson Coors and BeatBox Beverages executives to its leadership team. In a statement yesterday …
-
Rémy Cointreau creates Prestige division
Rémy Cointreau has launched a business unit to house a clutch of its "luxury" brands. In a statement on LinkedIn today (11 …
-
Diageo launches “more accessible” Johnnie Walker Scotch
Diageo is releasing a "more accessible Scotch" under its Johnnie Walker Red Label brand. The new Johnnie Walker Red Soul whisky …
-
Damm to end operations at Mallorca dairy facility
Spanish drinks group Damm has confirmed it will cease production at a milk and milkshakes plant in Mallorca. A statement from …
-
New UK food, drinks ad rules “at risk of being a paper tiger”
The pre-watershed ban on HFSS food and drink ads in the UK, intended to tackle childhood obesity, risks becoming a …
-
Asahi Breweries expects full shipments to resume next month
Asahi Group Holdings expects its domestic beer and spirits business to restart shipments of all its products next month. Almost six …
-
China Resources Beer issues profit warning
China Resources Beer expects its profits to have fallen at least 30% in 2025 due to an impairment charge tied …
