The world's second-largest brewer, SABMiller, has reported a rise in profits for the first half of its financial year, as strength in Africa helped offset declining beer sales in Europe and North America.
British wine warehouse chain Majestic Wine posted a 4.2 percent rise in first half profit as sales benefited from soaring demand for Prosecco as well as new store openings.
A recent analysis carried out by the Wine Grape Council of South Australia has found that grape buyers are starting to move away from white wine grape varieties in favour of reds due to price pressures.
Drinks Americas Holdings (DKAM), an American broker for Mexican beer, has shipped 17,000 cases of the Day of the Dead Craft Beer in the US in October 2013.
Global drinks industry is currently facing various challenges such as changing consumer tastes, competing new launches, tightening operating margins, and supplier quality issues.
Treasury Wine Estates (TWE), an Australia-based global winemaking and distribution business, has signed agreements to provide wine production and packaging services for Accolade Wines United States (US).
Tequila el Jimador, a 100% agave tequila brand that is imported into the US by Brown-Forman, has revamped its packaging design with a new bottle as it aims to expand the brand's footprint.
Heineken's US unit has launched a limited-edition extension to the Newcastle Brown Ale brand - Cabbie Black Ale - in bars and liquor stores nationwide.
India-based liquor company Kristal Spirits is planning to acquire 10% market share in the country’s premium vodka segment as it is set to market F Beverages’ Fashion Vodka brand across new regions in India.
Gruppo Campari, a leading player in the global branded beverage industry, has slowed the fall in profits in its year-to-date and expects its final quarter performance to “stabilise” the business.
China New Borun Corporation, a leading producer and distributor of corn-based edible alcohol in China, today announced its unaudited financial results for the third quarter ended September 30, 2013.
