North America falters but Johnnie Walker and Guinness shine – the key takeaways from Diageo’s H1 23 results
Just Drinks sets out the principal talking points from the London-spirits major’s half-year results.
Just Drinks sets out the principal talking points from the London-spirits major’s half-year results.
Inflation, availability of debt and cost of living are all to blame for lower number of deals – but tick-up is predicted for 2023.
The new independent bottler is owned by Uist locals and father and son, Angus A. MacMillan and Angus E. MacMillan.
Castello Banfi and US wine company Banfi Vintners have always worked together, having both been founded by the Mariani family, but until now it was an unofficial capacity.
Leading Speakeasy’s third financing round was InvestBev, an investment firm in the drinks industry that has backed businesses including Siempre Tequila.
“Juice 4 Thought and Juice Executive have well-aligned values around organic product quality and integrity” – The Juice Executive.
The sites will reportedly close on 1 March.
It said US businesses Horizon Organic and Wallaby had a “dilutive” effect on sales growth and are under strategic review.
“No winery, regardless of region or size, appears to have avoided the effects of a retreat from consumer wine spending in the shipping channel” – Sovos ShipCompliant and Wines Vines Analytics.
“Strong price rises were seen across most food and non-food grocery products,” the Australian government reported.
The probe follows a similar investigation into misleading green claims in the country’s fashion industry.
Celebrity-backed brands are becoming ubiquitous but Teremana Tequila’s new CEO says Dwayne Johnson isn’t just looking to “make a quick buck”.
“It was of course hugely frustrating that much of our Christmas trading was derailed by the industrial action” – Fever-Tree CEO Tim Warrilow.
The company did not specify launch markets or timeframes for the line.
On the heels of the pandemic and two years of food inflation, the CPG industry needs renewal; a new commitment to innovation. It also needs to do the right thing.
Australia must approach any return with caution as wine growers feel the heat of China’s hefty tariffs, Cooke said at Wine Australia’s annual trade tasting in London.