Drinks

Spirits Industry To Seek Exemption From Trump's Universal Tariffs

The spirits industry is planning to push for an exemption to any universal tariffs on US imports imposed by the incoming Trump administration, a trade body...

Guinness Price Hikes Offer Chance For Rivals As Diageo Pushes Zero-Alcohol Beer

Diageo needs its leading stout beer Guinness to keep growing fast and is pushing a zero alcohol alternative. But price hikes are turning off some UK custom...

LVMH Replaces Leadership At Spirits Unit Moët Hennessy

Luxury group LVMH said on Thursday it is overhauling management of its wines and spirits division Moët Hennessy, with chief financial officer Jea...

Royal Unibrew Sees Net Revenue Up 8% In Third Quarter

Danish drinks group Royal Unibrew has reported a 8% increase in organic net sales in the third quarter of its financial year, to DKK 4.08 billion.

Premiumisation, Convenience And AI To Shape Spirits Market, Says GlobalData

Factors including premiumisation, convenience, artificial intelligence and a generational shift in consumer preferences are likely to shape the global spir...

Diageo Announce New Global Division For Luxury Brands

Kofola Reports Growth In Sales And Revenue In Third Quarter

Czech cola maker Kofola has reported 33% year-on-year growth in revenue in the third quarter, driven by good performance across all businesses, including t...

Drinks Group Anora Establishes Lithuania Business

Drinks group Anora has established Anora Lithuania, which the group has described as a 'key step' in the execution of its strategy to scale its position in...