“We know what we need to do” in US, Campari CEO insists
Campari is working to address its underperforming brands in the US and knows what it needs to do, CEO Simon …
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UK Budget: wine, spirits sector hits out at “breath-taking” duty raise
Wine and spirits producers in the UK have criticised the Government's move to increase duty rates from next year. In its …
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Bacardi adjusts US distribution set-up
Bacardi has adjusted its distribution network in the US after signing new agreements with Southern Glazer’s Wine & Spirits and …
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Oatly cuts profit outlook on North America fuel cost pressures
Oatly has lowered its full-year profit guidance due to soaring fuel and freight costs in North America, even as third-quarter …
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Nowadays co-founder on building “relaxation” drinks category with new business Unwind
Justin Tidwell and Anthony Puterman founded the US-based THC drinks business Nowadays in 2023. Since then, the THC beverages category has …
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Heineken CFO holding “conservative” outlook for Americas
Heineken's CFO has said he is holding a "conservative" outlook for the Americas, despite the company seeing that region return …
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Radico Khaitan visited by India tax officials
Radico Khaitan has become the latest distiller in India to be visited by tax officials amid an ongoing investigation into …
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Heineken moves beer production in Czechia
Heineken is moving production of its Czech beer Březňák as part of what it says are efforts to support the …
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Simply Good Foods braces for pricing challenge to reset gross margins
Simply Good Foods is gearing for more sales and EBITDA growing pains in the new year amid the need for …
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Danone plays “offensive” to fix North America EDP underperformance
Danone is playing “offensive” to address underperformance in its dairy and plant-based business in North America as third-quarter growth slowed. To …
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Cognac maker Maison Boinaud granted judicial protection
French Cognac house Boinaud has been placed under judicial protection in a bid to restructure its debt. Maison Boinaud's CEO Charles …
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LMB strikes absinthe distribution deal in UK
La Martiniquaise-Bardinet has secured UK distribution rights for French absinthe brand La Fée. The three-year deal will see its subsidiary LMB …
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González Byass picks new distributor for sherry, brandy in Germany
González Byass has named German wholesaler Schlumberger as the new distributor for the Spanish group's sherry, gin and brandy portfolio. The …
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Goldman Sachs, Houlihan Lokey top consumer M&A charts in Q1–Q3 – data
Goldman Sachs and Houlihan Lokey were the leading financial advisers for consumer-sector mergers and acquisitions during the first nine months …
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US judge rejects bid to halt possible Uncle Nearest assets sale
A US judge has ruled efforts to sell most of Uncle Nearest's assets can continue, after rejecting a bid by …
