Drinks

Diageo Announces Retirement Of Ho KwonPing As Non-Executive Director

Diageo has announced that Ho KwonPing will retire as a non-executive director of the company. Ho KwonPing told Diageo that he will step down from its bo...

AB InBev Sees Sales Recovery From June

Anheuser-Busch InBev suffered a sharp slide in earnings in the second quarter and took a $2.5 billion impairment charge reflecting risks in Africa from the...

Campari First Half Sales Down 11% As Italians Drink Fewer Aperitifs

Sales at drinks group Campari fell 11.3% on a like-for-like basis in the first half as the coronavirus crisis hit southern Europe and its home market in It...

Pernod Ricard Ups Outlook On More Resilient Supermarket Sales

Irish Distillers owner Pernod Ricard said on Thursday the coronavirus pandemic would not hit its full year profit as strongly as initially feared, citing m...

Off-Trade Accounts For 83% Of Wine Purchased In Ireland In 2019, Report Shows

83% of wine was purchased in the off-trade in 2019, with 17% purchased in the on-trade, which includes pubs, bars and restaurants, according to a new repor...

Rémy Cointreau Issues More Optimistic Outlook, Boosted By Lockdown Sales

Premium spirits maker Rémy Cointreau has said that it expects mid-year core profit to fall by between 35% and 40%, an improvement on previ...

Diageo Sees Full-Year Organic Sales Fall More Than Expected

Diageo Plc, the world's largest spirits maker, reported a bigger-than-expected decline in underlying net sales on Tuesday as demand for its whisk...

Heineken Cautious On Outlook After June Pick-Up

Heineken saw a gradual recovery in its business after global COVID-19 lockdowns in April, but uncertainty over the future impact of the pandemic left it un...