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Global Beverage Industry News, Analysis, Commentary, Market Research and Interviews The Jameson distiller said its Midleton site was "adjusting its production schedule for a routine, periodic review". Give your business an edge with our leading industry insights. Discover Data Insights powered by our proprietary data U
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News
Fevertree retains confidence in US profit outlook
3+ day, 13+ hour ago (54+ words) Just Drinks Get ahead with exclusive forecasts, expert insights and deep dives into the global beverage industry. With a Just Drinks Premium Membership, you can: - Access exclusive analyst commentary and interviews with senior industry executives - Stay up to date with…...
Schloss Wachenheim FY sales, profits miss expectations
6+ day, 11+ hour ago (230+ words) The Germany-based sparkling-wine group pointed to a fourth quarter that “fell short of expectations”. Schloss Wachenheim is set to see its annual sales inch up year-on-year – but land below the Germany-based sparkling-wine group’s forecast. In May, the publicly listed business…...
R??my Cointreau names new Dutch distributor
6+ day, 12+ hour ago (295+ words) A Brand New Day has secured a contract with Rémy Cointreau weeks after Campari decided to end its deal with the distributor. Rémy Cointreau has appointed A Brand New Day as its distributor in the Netherlands. From 1 October, A Brand…...
Diageo to cut 300 jobs at North America HQ
1+ week, 3+ day ago (371+ words) Diageo is to cut 305 jobs at its North American headquarters in New York as the drinks group pushes ahead with CEO Sir Dave Lewis’ turnaround plans. The location and number of job cuts were confirmed by a WARN notice by…...
Keurig Dr Pepper to sell stake – and factory – to Chobani
1+ week, 4+ day ago (517+ words) The Dr Pepper and Keurig owner said Chobani will repurchase the shares for $800m. Keurig Dr Pepper has agreed to exit its shareholding in Chobani and sell a manufacturing and warehousing site to the dairy group. In a statement yesterday (1 September),…...
AB InBev invests in New York Cutwater production
2+ week, 6+ day ago (329+ words) Last month, CEO Michel Doukeris said Cutwater revenue grew at a "triple-digit" rate in the second quarter. Anheuser-Busch InBev has invested in the production of its Cutwater spirits RTDs, a brand the brewing giant has said is enjoying rapid sales…...
Libstar issues profit warning linked to impairments
3+ week, 2+ day ago (508+ words) The company had already flagged weaker trading in a voluntary pre-close update in June. South African food company Libstar has warned first-half earnings will decline, with impairments and other non-recurring items holding back profits. In a trading statement for the…...
Cizzle Brands looks to list on US exchange
3+ week, 2+ day ago (602+ words) The group's CEO John Celenza said a listing would "give us the currency and the visibility to keep building a category-leading platform.” Sports nutrition business Cizzle Brands has revealed its intention to list in the US. In a statement, the…...
Almost 2,000 jobs shed at Diageo
3+ week, 4+ day ago (379+ words) Diageo reduced its workforce by almost 2,000 people in its last financial year as part of the company’s efforts to cut costs and improve its performance. According to Diageo’s latest annual report, issued yesterday (18 August), the Johnnie Walker distiller had 27,938 full-time…...