World News | ESM Magazine

Rémy Cointreau Looks To H2 Rebound, Sets New Targets

Rémy Cointreau expects a 45% to 50% fall in mid-year operating profit, but anticipates a strong recovery in the second half, driven by China and the...

Wine Sales in Italy’s Retail Channel Grow 7.9% In Year To April

Wine sales in the modern distribution channel in Italy grew by 7.9% in volume and 6.9% in value, year-on-year, in the period 1 January to 19 April 2020....

Diageo Opens New North American Headquarters In New York

Drinks giant Diageo has announced the opening of its newly-relocated North American headquarters in Lower Manhattan, New York. In 2019, the company...

AB InBev Gets Relief Against New Delhi Sales Ban

A tribunal in New Delhi has put on hold a sales ban imposed last year on Anheuser-Busch InBev, an order seen by Reuters showed, allowing the world's larges...

Carlsberg Sees Mid-Single-Digit Operating Profit Growth In 2020

Danish brewer Carlsberg on Tuesday reported full-year sales broadly in line with expectations, helped by stronger sales in Asia, and said it expects to del...

East African Breweries' H1 Profit Jumps 9%

Kenya's East African Breweries (EABL) posted a 9% jump in pretax profit to 10.6 billion shillings (€95.6 million) for its first half to the end of Dec...

Venezuelan Rum Maker Offers Shares In Hope Of China-Style Transition

Rum distiller Ron Santa Teresa has launched Venezuela's first public share offering in 11 years, citing rare optimism that the socialist-ruled nation may s...

Poland's Biedronka Introduces Portuguese Wine Varieties

Polish retailer Biedronka has unveiled a series of Portuguese wines as part of its 'Wznieśmy toast za smaki Portugalii' ('Raise a Toast to the Flavours of...