Asia: latest news, insights and analysis | ESM Magazine

Sapporo To Refocus On Beer Business As Activist Raises Stake

Sapporo Holdings, the Japanese brewer pressured by activist investors to sell its property holdings, wants to announce its business portfolio reorganisatio...

Premium Spirits And RTD Sales Boost Beam Suntory's Performance In FY 2022

Beam Suntory reported 10.5% year-on-year growth in sales in its financial year 2022, driven by the performance of its premium brands and RTD category.

Kirin Seeks More North American Craft Beer Factories After Strong Growth

Kirin Holdings, Japan's second-largest brewer, is looking to buy factory facilities in North America to maintain strong growth in the region's craft beer m...

Carlsberg Lifts 2022 Profit Outlook Despite Weakening Consumer Sentiment

Carlsberg has reported third-quarter sales broadly in line with expectations and lifted its profit forecast for the year despite weakening consumer sentime...

Moldova’s Purcari Wineries Sees Revenue Up In First Half

Purcari Wineries PLC has posted a 16% year-on-year increase in revenue to RON 123.9 million (€25.4 million) in the first half of its financial year.

Diageo To Explore Sustainable Packaging Solutions With ecoSPIRITS

Diageo has announced a partnership with ecoSPIRITS, a technology company who produce circular packaging solutions for the spirits and wine industry, to pil...

Budweiser Brewing Co APAC Sees Strong Demand For Premium Beer In China

Budweiser Brewing Co APAC, Asia's largest beer company by sales, said that it plans to promote more high-end beer in China, having seen strong demand espec...