Drinks

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.

Diageo Serves Up Profit Rise With More Premium Spirits In The Mix

Diageo narrowly beat full-year earnings estimates on Tuesday as sales of its more expensive liquor brands offset lower volumes.

Heineken Cuts 2023 Forecast On Vietnam Slowdown

Heineken, the world's second-largest brewer by volume, on Monday cut its 2023 profit growth.

LVMH Shares Fall As Second-Quarter Sales Fail To Impress

Shares in LVMH fell on Wednesday as an in-line increase in sales at the world's top luxury indicated the overall sector was moving towards a less impressiv...

Campari Shares Slide After First Half Fails To Inspire

Italian drinks group Campari posted a 14.2% rise in like-for-like revenues in the first half of this year and confirmed its margin target for the year...

Rémy Cointreau Confident On H2 Rebound After Weak Start To Year

French spirits group Rémy Cointreau on Tuesday reported a fall in first-quarter organic sales,

Molson Coors Bumps Up Annual Forecast On Strong Demand For Premium Beers

Molson Coors Beverage on Tuesday raised its annual sales and profit forecasts.

Drinkaware Appoints Dearbhla O’Brien As New CEO

Drinkaware, the national, independent charity working to prevent and reduce alcohol misuse, has recently announced the appointment of Dearbhla O’Brie...