Coca-Cola Hellenic (CCH) , the world's second-largest bottler of Coca-Cola Co. soft drinks, posted a 12% drop in nine-month profit, hurt by austerity in its debt-laden markets, higher commodity costs and currency shifts.
Amazon.com Inc. unveiled a new online wine marketplace Thursday, in the company's second attempt to crack a sector curtailed by a tangle of complex regulations.
In a world where peanut butter and jelly, and glazed donut-flavored vodka exists -- it's good to know that there's still some good old-fashioned vodka-flavored vodka.
Britain’s Diageo, which also owns Turkey’s largest distiller Mey İçki, is set to pick up a 51 percent stake in Indian liquor baron Vijay Mallya’s United Spirits this week in a transaction worth around $2 billion, a newspaper reported yesterday.
U.S. states that have a monopoly over their liquor sales seem to charge slightly more for alcohol than states without such control, the so-called "license states," according to a U.S. study.
Remy Cointreau, a France-based producer of cognac, liqueurs, spirits and Champagne, is to make its new expression Cointreau Noir available in global duty-free and travel retail by 2013.
Morrisons, a UK-based chain of supermarkets, has come up with a new website morrisonscellar.com to help consumers find wines and increase its wine sales by £100m.
Budweiser is on the verge of releasing a new, higher-alcohol line of beers, AdAge reports, which could be available in time to be promoted in a big commercial during the Super Bowl.
Alltech has started the production of its first batch of Irish whiskey after deploying a craft distillery at its Carlow Brewing facility in Bagenalstown, Ireland.