Drinks

French Hot Spell To Cut Wine Output But Boost Quality

Scorching temperatures have hurt vines in southern France so much that output will fall but the hot weather could produce a vintage of "exceptional&qu...

Tilray Brands Acquires Truss Beverage From Molson Coors

Tilray Brands has acquired the remaining 57.5% stake it did not own in cannabis-infused drinks maker Truss Beverage from Molson Coors, as the pot firm...

Australian Wine Industry Faces Hangover From China's High Tariffs

Australia's wine industry faces severe oversupply problems that will need years to resolve, experts say, pointing to Chinese tariffs, high production and e...

Italian Wine Sales In Top Three Markets Recover Slightly

Italian wine sales in the large-scale distribution channels in its top three markets have seen a weak recovery in the first half of 2023.

Top 10 Beer Producers In Europe

Beer production rose to 34.3 billion litres across the European Union last year, a 7% increase year-on-year. But which countries are the top producers?

Irish Spirits Exports See 17% Growth In 2022, Study Finds

The value of Irish spirits exports grew by 17.3% in 2022, to nearly €1.5 billion, according to latest Irish Spirits Market Report by Drinks Ireland.

Royal Unibrew Reports 'Strong' Top-Line Growth In H1, Raises Full-Year EBIT Guidance

Drinks firm Royal Unibrew generated net revenue of DKK 6.2 billion (€830 million) in the first half of its financial year, equating to organic growth...

Portuguese Wine Production Up 8%, Exports Grow By 4%

Portuguese wine production for the 2023/2024 campaign is expected to reach a volume of 7.4 million hl, an 8% increase year-on-year, according to forecasts...