Drinks

AB InBev First-Quarter Sales Miss Estimates

Anheuser-Busch InBev NV, the world’s largest brewer, reported sales and profit growth that missed analysts’ estimates on weakness in Brazil, on...

SABMiller Fourth-Quarter Sales Advance On Africa, Latin America

SABMiller Plc, the brewer that’s due to be bought by rival Anheuser-Busch InBev NV later this year, reported a gain in fourth-quarter beer shipments,...

Pernod Ricard Revenue Meets Analysts' Estimates On US Demand

Pernod Ricard SA, the maker of Jameson whiskey, Chivas Regal whisky and Martell cognac, reported third-quarter sales in line with analyst estimates as reta...

Remy Cointreau Fourth-Quarter Revenue Beats Estimates On China

French distiller Remy Cointreau SA reported fourth-quarter sales that beat estimates as the Chinese market improved. Sales rose 9.8 per cent on an organ...

Drinks Portfolios Need To Be Consumer Focused: Co-op Drinks Boss

Simon Cairns, the Co-op’s head of beers, wines and spirits, has said that supermarket chains need to abandon portfolio deals in constructing their dr...

‘Brexit’ Would Hurt Drinks Sales In France: Association Of British Travel Agents

The Association of British Travel Agents has warned that if the UK leaves the European Union, alcoholic-drink sales in French supermarkets could suffer, as...

Campari's Marnier Deal Shows How To Seduce Family Owners: Gadfly

Campari's complicated agreement to buy Grand Marnier shows just how hard it is to prise trophy assets from family owners in Europe. But it's easy to see wh...

China's Snow Beer – Cold, Cheap, and Going Flat. Cheers: Gadfly

While China's state-owned insurers may be paying over the odds to take debt-laden banks off the hands of overseas firms such as Citigroup, other compa...