Drinks

Rémy Cointreau Raises H1 Profit Outlook As Q2 Sales Beat Estimates

Rémy Cointreau said that its first-half core profit will fall less than expected after the company posted a broader recovery in second-quarter sales...

Carlsberg To Buy Germany's Wernesgrüner Brewery

Danish brewer Carlsberg said on Monday it will buy Germany's Wernesgrüner Brewery from Bitburger Braugruppe for an undisclosed price. &qu...

Budget 2021 Measures Welcome, Pathway Now Required For Reopening, Says DIGI

Drinks Industry Group of Ireland (DIGI) chair Liam Reid has said that today’s Budget measures are welcome. However, a pathway is now required for re...

McGuigan Wines Launches Innovative Alcohol-Free Wine Range In Ireland

McGuigan Wines has launched its alcohol-free wine range, Zero, in Ireland. The range comprises of five high-quality wines including a shiraz, chardonnay,...

Barry Group Seeks To ‘Recession-Proof’ Retailers For 2021

When I interviewed Jim Barry in August 2018, the Barry Group was focused on rolling out its new sub-brands, including its Urban Sips coffee, Market Street...

Drinks Industry Writes Off €60m Worth of Stock Due To Stop-Start Lockdowns

Over €60 million worth of stock, including beer and food, has been written off by drinks and hospitality businesses, namely pubs that serve food, as a...

Surging Louis Vuitton Sales Boost LVMH Despite Pandemic Woes

Recovering sales of Louis Vuitton handbags helped LVMH contain the fallout from the coronavirus crisis in the third quarter, as the world's biggest luxury...

Molson Coors Launches Madrí Excepcional In Ireland

Molson Coors Beverage Company (MCBC) has announced its first collaboration with Spanish La Sagra Brewery, with the launch of Madrí Excepcional &ndas...