The Week in Data: Rémy Cointreau profit woes, high-end Scotch, beer in EU
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 …
Beer consumption sluggish in EU amid macroeconomic “scars”
EU beer sales edged higher in 2022 but remain below pre-pandemic levels, data suggests. Beer sales in the bloc rose to …
Rémy Cointreau targeting US stocks recovery after poor profits
Rémy Cointreau has listed “normalising” its US Cognac stocks as a primary objective for the long term after posting dismal …
Hindustan Coca-Cola to build new production facility in India
Indian bottling group Hindustan Coca-Cola Beverages (HCCB) has plans to build a new manufacturing plant in the country. In an announcement …
Signal: Ripple Foods raises fresh funding
Ripple Foods, a US supplier of dairy alternatives, has raised $49.2m in its latest funding round. The latest round follows a …
Biggar and Leith eyes Europe, Asia expansion for Shanky’s Whip
US spirits and food producer-distributor Biggar and Leith is making moves in Europe and Asia with coffee-flavoured Irish whiskey Shanky’s …
COP28 presidency hails “historic” victory as nations agree Loss and Damage Fund on day one
COP28 President Sultan Al Jaber has hailed a “historic” victory as world leaders agreed to a Loss and Damage Fund …
COP28 opens in Dubai as global temperature set for new record
The latest annual UN climate conference, COP28, opened in Dubai on Thursday 30 November with at least 70,000 delegates from …
China initiates Australian wine import tariffs review
China has officially agreed to review its anti-dumping and countervailing duties on Australian wine imports. The Ministry of Commerce revealed in …
Cost relief sees Harboes Bryggeri lift profit forecasts
Harboes Bryggeri, the Danish brewer, has upped its forecasts for two key profit metrics. The company, which is also a soft-drinks …
Strauss Group reports Brazil coffee woe, eyes growth in “adjacent categories”
Israel’s Strauss Group has seen its coffee business come under pressure, sparked by “profitability headwinds” in Brazil. In the third quarter, …
Climate concerns fuel hop growers’ innovation
It’s not often hops and hop growing make the mainstream news but in early October it seemed the English language …
HiteJinro secures first UK mainstream retail listings
South Korean drinks giant HiteJinro has won its first listings with major retailers in the UK. Sainsbury’s, the UK’s second-largest grocer, …
Jobs to go as Fazer consolidates oatmilk production at Swedish plant
Finland-based food manufacturer Fazer Group is to focus the production of its oat drinks and oat-based cooking products at its …
Tata Coffee to invest $54m in instant coffee facility expansion in Vietnam
India's Tata Coffee has indicated plans to expand its production in Vietnam. The company has set out plans to inject Rs4.5bn …