Drinks

Diageo Not Expecting A ‘Material Impact’ From Brexit

Drinks firm Diageo has said that it is not expecting a ‘material financial impact’ from Brexit on its business, adding that it believes its &ls...

Britvic Revenue Boosted By Demand For Low Sugar Beverages

British soft drinks company Britvic Plc has reported higher first-quarter revenue, driven by sales of low sugar and fruit-based beverages. Britvic, whos...

UK Demand Boosts Revenue For Tonic Maker Fever-Tree

Fever-Tree expects to report a surge in revenue for 2018, as warmer-than-usual summer and Christmas demand drove sales of its flavoured tonic water and oth...

Rémy Cointreau’s Third Quarter Sales Beat Forecasts

French spirits group Rémy Cointreau delivered stronger-than-expected third quarter revenues, as the early timing of the Chinese New Year boosted pre...

UK Government Needs To 'Unequivocally' Rule Out No Deal' Brexit: WSTA

The UK's Wine and Spirit Trade Association, which represents the drinks trade, has called on the UK government to "unequivocally" rule out a poss...

Activist Hedge Fund Elliott Takes Stake In Pernod Ricard

Activist hedge fund Elliott Management has taken a stake in Pernod Ricard aiming to improve what Elliott said was relative underperformance at the French d...

Carlsberg Germany Appoints Knepper To Off-Trade Director

Carlsberg Germany has announced the appointment of Kay Torsten Knepper as sales director for the off-trade, commencing 1 January next year. Knepper prev...

Volume Of Retail Sales Falls By 0.2% In Euro Area: Eurostat

The month of August saw the seasonally adjusted volume of retail trade decreased by 0.2% in the euro area (EA 19) compared to July 2018, and remained...