Drinks

Rémy Cointreau's Quarterly Sales Beat Forecasts On Increased Demand

French spirits group Rémy Cointreau posted a 25.1% jump in better-than-expected like-for-like sales in the third quarter and retained its...

Diageo Finance Chief Mikells To Leave By End Of June

Diageo said its finance head of six years, Kathryn Mikells, will leave the company at the end of June and named chief financial officer of its North A...

Drinks Exports Down 19% In 2020, Research Shows

A new report by Bord Bia, Export Performance and Prospects 2020/21, confirmed that US tariffs and Brexit stockpiling, along with closures and restrict...

South Africa's Drinks Industry Seeks Tax Relief After New Sales Ban

South Africa's alcohol industry, reeling under a renewed liquor sales ban since end of December, has called for a deferment of excise duty to stave off a w...

Alcohol Action Ireland Welcomes New Regulations On Price Promotions Of Alcohol Products

Alcohol Action Ireland – the national independent advocate for reducing alcohol harm, has welcomed the legal commencement of new regulations tha...

AB InBev's S.African Brewer Suspends Commitments On Jobs, Investment

The South African Breweries (SAB) has suspended commitments to retain workers and investments, agreed as part of its merger with Anheuser-Busch InBev, due...

Heineken South Africa To Cut Jobs, Put Investments On Hold

The South African arm of Heineken will cut 70 jobs and put new investments on hold in the country due to the significant impact of bans on alcohol sales an...

South African Wine And Spirits Maker Distell Branches Out Into Cannabis Products

South African wine, cider and spirits company Distell will soon be able to offer cannabidiol-infused drinks after taking a 20% stake in cannabis wellness b...