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South African Breweries Cancels $165m Investment After Latest Alcohol Ban

South African Breweries, part of Anheuser-Busch InBev, has cancelled a further 2.5 billion rand ($165 million) of investment earmarked for 2021 following a...

Constellation Brands Agrees Sale Of Numerous Brands

US-based alcoholic beverages producer Constellation Brands has announced a streamlining of brands within its portfolio. Constellation Brands has so...

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 December, has called for a deferment of excise duty to stave off a wave...

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...

Constellation Brands Reports Consolidated Net Sales Growth Of 22% In Q3

Constellation Brands has reported consolidated net sales growth of 22% in the third quarter of its financial year, to $2.4 billion (€2 billion), compa...

C&C Group Announces Long-Term Partnership With Innis & Gunn

C&C Group has entered into a long-term partnership with Edinburgh-based beer brand Innis & Gunn to sell and distribute Innis & Gunn...

Britons Pop The Fizz To See Off COVID Blues

More Britons than ever are splashing out on champagne to help them through the coronavirus crisis. Three of Britain's top five supermarket groups - No....