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France Pours More Aid As Wine Sector Faces 'Major Difficulties'

France has stepped up financial support for wine growers faced with a deep drop in demand after lockdowns closed restaurants and bars and US tari...

BAT Names New President For Reynolds American

British American Tobacco (BAT) has appointed Guy Meldrum as the president of Reynolds American, effective 1 September 2020. Presently, he serves as...

Japan's Asahi Gives Weaker-Than-Expected Outlook As Virus Hits Beer Sales

Japanese beverage maker Asahi Group Holdings gave a weaker-than-expected profit outlook for the year, as the coronavirus pandemic hit global beer sales, pa...

Diageo Announces Retirement Of Non-Executive Director, Ho KwonPing

Spirits giant Diageo has announced that non-executive director, Ho KwonPing, will retire on 28 September 2020. He joined the company in October 2012 and...

Brown-Forman Completes Sale Of Three Whiskey Brands To Sazerac

Brown-Forman Corporation has announced that it has completed the sale of its Early Times, Canadian Mist, and Collingwood whiskey brands to Sazerac Company...

Drinks Giant Diageo Sees Full-Year Organic Sales Fall More Than Expected

Diageo Plc, the world's largest spirits maker, reported a bigger-than-expected decline in underlying net sales, as demand for its whiskeys, vodka and...

Colgate-Palmolive Sees Organic Sales Growth Of 5.5% In Q2

Colgate-Palmolive has reported a 5.5% growth in organic sales in the second quarter of its financial year driven by strong performance in North America (+1...

Impossible Foods To Sell Plant-Based Burgers In 2,100 Walmart Stores

Impossible Foods' flagship burgers will be sold at more than 2,100 Walmart Inc stores in the United States, the plant-based meat maker has announced, as it...