Drinks

UK Shoppers Experimented More With Alcohol Purchases During Lockdown: WSTA

The COVID-19 lockdown period encouraged more UK shoppers to experiment more when it came to their alcohol purchases, new data from the Wine and Spirit Trad...

Coca-Cola Announces Plans To Discontinue Energy Drink In North America

The Coca-Cola Company has announced plans to discontinue its energy drink, Coca-Cola Energy, in North America, a product it launched with fanfare last year...

Diageo Expecting Double-Digit Profit Growth This Year

Diageo has said that it expects operating profit to grow by at least 14% in its current financial year, slightly ahead of organic net sales growth, as the...

AB InBev Chief Executive Announces Departure After 15 Years At Helm

The chief executive of Anheuser-Busch InBev, Carlos Brito, is stepping down from the retailer in July, after 15 years leading the world's biggest brewer....

Brewer Carlsberg Beats Sales Expectations In First Quarter, Western Europe Down

Carlsberg has reported first-quarter sales slightly above expectations, with the group noting that while its Western Europe business was impacted by contin...

Rémy Cointreau Looks To Full-Year Profit Gain After Strong Fourth Quarter

Spirits maker Rémy Cointreau said it is anticipating organic growth of around 10% in operating profit in the 2020/21 fiscal year, after strong deman...

Pernod Ricard Looks To Full-Year Profit Growth After Beating Third-Quarter Forecasts

Spirits group Pernod Ricard has said that strong demand in its key US and Chinese markets contributed to a 19.1% jump in sales in the third quart...

Heineken Sees Quarterly Beer Volumes In Line With Last Year

Heineken has reported flat beer volumes in the first quarter of its financial year, a performance that chief executive Dolf van den Brink described as &quo...