Drinks

Campari's Controlling Shareholder Increases Voting Rights To 84%

Italian drinks group Campari said its controlling shareholder Lagfin had increased its voting rights to 84% from 68.6% under a special voting mechanism app...

Spain's Cava Makers Seek Creative Fixes As Drought Threatens Grape Harvests

Vineyards across Catalonia's renowned Penedes cava-producing region are so parched that the roots of 30-year-old vines have died, leaving shrivelled red an...

Diageo Full-Year Organic Net Sales Beat Expectations

Spirits giant Diageo beat its full-year sales forecasts as people continued treating themselves to expensive scotch, whisky and tequila despite high prices...

Heineken Cuts 2023 Forecast As First-Half Earnings Decline

Heineken, the world's second-largest brewer by volume, on Monday cut its 2023 profit growth forecast after an economic slowdown in a core Asian market depr...

Pernod Ricard Announces Management Changes In Germany

French spirits group Pernod Ricard has announced that Thomas Drossé, former managing director sales and trade marketing, has decided after 15 years...

Marie Brizard Wine & Spirits Sees 14.3% Revenue Growth In First Half

Marie Brizard Wine & Spirits (MBWS) has reported a 14.3% increase in revenue to €98.8 million in the first half of its financial year.

AB InBev Maintains 2023 Profit Forecast After Exceeding Q2 Expectations

Anheuser-Busch InBev, the world's largest brewer, reported higher-than-expected second-quarter earnings and repeated its forecast for profit growth this ye...