Drinks

Coca-Cola Expects Sales Growth As Vaccines Set To Allow Venues To Reopen

Coca-Cola Co has forecast a return to organic revenue growth this year after a torrid 2020, betting vaccine rollouts across the world will encourage consum...

Irish Food And Drink Exports Declined Only Marginally In 2020: Report

Irish food, drinks and horticulture exports declined marginally by 2% in 2020, to €13 billion, in a period marked by unprecedented change and challeng...

Wine Retailer Naked Wines 'Coming Of Age', Says Analyst

Online wine retailer Naked Wines has been one of the beneficiaries of stricter lockdown measures in the UK, and is 'coming of age' as a business, according...

Distell Hopes Years Of Investment Will Help Cure 2020 Hangover

For shareholders waiting for South African wine and spirits company Distell to deliver higher returns on their investments, 2020 was a year to forget. A...

Britvic Sees Income Slides As Coronavirus Curbs Hamper Demand

British soft drinks maker Britvic has posted a near 22% slide in adjusted operating income for the year as coronavirus restrictions hurt demand at bars, re...

Rémy Cointreau Showing Signs Of Improvement, Sales Down 4.0% In Q2

Spirits giant Rémy Cointreau said that it is arresting some of the declines seen across its portfolio, as the group posted a 4.0% decline in sales i...

Beverage Industry Set To Bounce Back In 2021, Provided Bars Can Open: Moody's

The global beverage industry is likely to grow by high-single to low-double-digit percentage points over the next 12 to 18 months, provided bars and other...

Rising Costs Weigh On AB InBev Despite Higher Beer Sales

Anheuser-Busch InBev, the world's largest brewer, scrapped its interim dividend and said quarterly profits dipped as the shift to drinking at home pushed u...