Drinks

Diageo Exploring Potential Spin-Off Or Sale Of Guinness: Report

Diageo is exploring a potential spin-off or sale of beer brand Guinness and is reviewing its stake in LVMH's drinks unit, Moët Hennessy.

Young & Co’s Brewery Likely To See Tougher Trading This Year, Says Analyst

British beer maker Young & Co’s Brewery is likely to see tougher trading this year, due to inflation and high interest rates, a leading analyst h...

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How Consumers In Australia Responded To Celebrity-Endorsed Alcohol Brands In 2024

NielsenIQ (NIQ) has recently released a report that unveils the influence of celebrity endorsements on consumer choice in Australia last year.

Champagne Shipments Hit By Gloomy Consumer Mood In 2024

French champagne shipments fell by nearly 10% last year as economic and political uncertainties hit consumers' appetite for the sparkling wine in key marke...

Carlsberg Completes Acquisition Of Britvic

Carlsberg subsidiary Carlsberg UK Holdings Limited has completed the acquisition of soft drinks firm Britvic.

New Global Marketing VP For Mast-Jägermeister

Drinks group Mast-Jägermeister has announced the appointment of Dougal McGeorge as its new senior vice president for global marketing, commencing 1 Ma...

Italy's Sparkling Wine Exports To US Jumped In November

Exports of Italian sparkling wine such as prosecco to the US surged by a record amount in November.

Heineken Contributes Close To €5bn To Spanish Economy

Heineken contributed €4.84 billion to the Spanish economy in 2023, equating to 0.3% of the national GDP, a new report prepared by PwC for Heineken Esp...