Alcoholic beverages

Norwegians Spent 12.9% More On Cross-Border Trade In H1 2024

Norwegian shoppers spent NOK 5.1 billion on trips across the border during the first six months of 2024, or 12.9% more compared to the same period last yea...

'Stable' Outlook For Consumer Goods Industry Over Next 12-18 Months: Moody's

Moody's is anticipating a 'stable' outlook for the consumer goods sector over the next 12-18 months, with average operating profit growth of 3% to 5% expec...

Jack Daniel's-Maker Brown-Forman Cuts Annual Sales Forecast As Demand Softens

Brown-Forman cut net sales forecast for 2024 as cost-conscious consumers looked at cheaper alternatives to the whisky-maker's more pricier brands in the Un...

Wine Production In Portugal To Reach Highest Level In Two Decades

Wine production in Portugal is expected to reach 7.3 million hectolitres in 2023, the highest since 2006.

Constellation Brands Announces Retirement Of Rob Sands

Constellation Brands has announced that Rob Sands will retire from his role as the chair of its board of directors and will not stand for re-election follo...

SpiritsEUROPE Calls For Investigation Into New Irish Rules On Labelling Alcoholic Beverages

SpiritsEUROPE has lodged a formal complaint asking the European Commission to open an infringement procedure against Ireland for breaching EU law with its...

Coca-Cola Seeing 'Encouraging Results' From Alcoholic Beverages Launches

The Coca-Cola Company has said that it has seen 'encouraging early results' from its alcoholic beverage partnerships with Molson Coors and Constellation Br...

South Africa Approves Heineken's Takeover Of Distell With Conditions

South Africa's Competition Commission approved Heineken's purchase of wine and cider company Distell Group as long as the merged entity invests more t...