Beverages


UK Champagne sales drop

British demand for champagne dropped in 2009, according to recent figures
Moet Champagne

St Patrick’s Day discovery as RSC finds out why Guinness bubbles float down

Scientists at the Royal Society of Chemistry have made a breakthrough in the field of Guinness-related studies, having finally discovered why Guinness bubbles float down
Guinness

Heineken sales drop, Carlsberg sales rise

Two of the most prominent brewers in the industry have seen contrasting fortunes over the last financial year
Heineken and Carlsberg

European beer is cheaper on British cruises

A survey by Cruises.co.uk has shown that bottled beer is much cheaper on British ships than the same beer on a similar style of U.S. ship
An Ocean Village Cruise

Tennent’s beer brewers back minimum alcohol pricing

Scotland’s largest brewer has come out in favour of the Scottish Government’s proposal to introduce a minimum pricing scheme for alcohol
Minimum pricing

Anheuser-Busch InBev grinds to a halt as talks fail

AB InBev has said that production in its Belgian breweries has reached a standstill following a second round of failed talks
AB InBev

Anheuser-Busch InBev blockade leads to beer drought

Brewery workers protesting against Anheuser-Busch’s sweeping job cuts have blockaded several plants and factories, causing beer supplies to run low

Anheuser-Busch InBev managers held hostage over job cuts

Managers at the Anheuser-Busch InBev brewery were held hostage following job cut announcements
Stella Artois

BrewDog’s Tokyo* beer banned UPDATED

The Portman Group have banned BrewDog’s Tokyo* because they claim that its labeling encourages consumers to drink to excess
BrewDog Tokyo*

Marston’s beer brewery faces falling profits

British brewer Marston’s has just released its results for the year ending October 3
Marston's

Magners manufacturer to buy up English brands

The C&C Group plc, who produce Magners Cider are to acquire the UK cider assets of The Gaymer Cider Company and Constellation Brands Inc. for 45 million pounds
Magners Cider

First Quench to close a further 381 stores

The joint administrators of First Quench Retailing have announced the closure of a further 381 stores
Threshers

BrewDog announces creation of World’s Strongest Beer

Controversial Northern brewer, BrewDog, has created Tactical Nuclear Penguin, reportedly the strongest beer ever made at 32 percent ABV
Tactical Nuclear Penguin

BrewDog attempts to get own beer banned

The Portman Group has provisionally upheld a complaint against Brewdog’s Tokyo* beer, in a complaint that actually originated with the brewery itself.
Tokyo* Beer

Threshers wine stores driven to closures by supermarket discounts

KPMG, administrators of Threshers’ owner company, First Quench, announced the closure of 373 stores yesterday, Food and Drink Digital has learnt.
Threshers

Carlsberg beer sales slump in Russia

Russian beer sales have contracted by 10 percent from January to September, according to Carlsberg’s Q3 report.
Carlsberg

Cobra Beer founder aims to raise £4.5 million

Lord Karan Bilimoria, who founded Cobra Beer, says he needs 4.5 million pounds to expand the Indian branch of the company, five months after to the British side of the company went into administration.
Cobra Beer

Newcy Brown production to move, again

Production of Newcastle Brown Ale is set to move to Yorkshire as owners announce plans to close its brewery in Gateshead
Newcastle Brown Ale

Magners Cider maker suffers profit decline

C&C Group plc, the beverage company responsible for the Magners and Bulmers cider brands, announced a decline in profits yesterday.
Magners Cider maker suffers profit decline

Nestle to stop sourcing Mugabe milk

Nestle SA, the Switzerland-based multinational packaged food company, says it will stop buying milk in Zimbabwe directly from a farm controlled by President Robert Mugabe’s wife.
Nestle to stop sourcing Mugabe milk

English winegrowers receive £1.6m education fund

In a bid to lure Britons to the winemaking profession, the Government and the European Commission have provided 1.6 million pounds to arrange winemaking classes.
English winegrowers receive £1.6m education fund

Nestle continues to source milk from Mugabe-controlled farm

Nestle SA, the multinational packaged food company headquartered in Switzerland, defends buying milk in Zimbabwe from a farm controlled by President Robert Mugabe’s wife, Grace.
Nestle continues to source milk from Mugabe-controlled farm

Guinness celebrates 250th anniversary today

Guinness marks the day that Arthur Guinness signed the 9,000-year lease for his brewery in the city in 1759, with a day of celebrations in Dublin.
Guinness celebrates 250th anniversary today

£7.5m milk ad campaign to launch

A consortium of British dairy companies and co-operatives are preparing to launch a three-year ad campaign to promote the benefits and boost the demand for drinking milk.
£7.5m milk ad campaign to launch

Nestlé spends record amount on Nescafé ad

Nestlé is injecting a 43 million pound marketing investment aimed at restoring the "iconic status" of Nescafé; the biggest spend in the brand's 70-year history.
Nestlé spends record amount on Nescafé ad

AB InBev sells Tennents brands to C&C Group

Leading global brewer, Anheuser-Busch InBev, has, after months of speculation, sold its Tennents lager brand to C&C Group.
AB InBev sells Tennents brands to C&C Group

Coca-Cola and PepsiCo make Beijing’s top polluters list

Soft drink giants PepsiCo and Coca-Cola were named among the top 12 Beijing water polluters in a report recently released by the city's economic planning department.
Coca Cola and Pepsi make Beijing’s top polluters list

Coca-Cola launches fizzy milk drink

Drinks giant, Coca-Cola, is set to raise a few eyebrows with its latest entrant into the beverage aisle, Vio – a ‘vibrancy’ drink containing fizzy milk
Coca-Cola launches fizzy milk drink

PepsiCo profit falls

PepsiCo Inc, the world’s largest snack maker, said second-quarter profit fell as consumers bought less Gatorade in favor of cheaper drinks.
PepsiCo profit falls as Gatorade sales decline

San Miguel eyes Dole Food’s Asia branch

To expand its core food and beverage business, diversified conglomerate San Miguel Corp is looking to acquire the Philippine and regional units of U.S. multinational Dole Food Co, one of the world's biggest fruit and vegetable producers.

Coca-Cola to test soda bar in California

Orange County’s fizzy drink fans will be among the first to experiment with Coca-Cola’s latest gadget, a 100-drink, touch-screen beverage bar.
Coca-Cola to test soda bar in California

Kirin in merger talks with Suntory

Japanese brewing and food groups Kirin Holdings Co and Suntory Holdings Ltd, say they are in talks to merge in an attempt to challenge the market leader.
Kirin in merger talks with Suntory

SABMiller cuts forecast for Europe beer volume growth

Brewer SABMiller has cut its target for European sales growth as the global economic downturn impacts consumer demand in Poland, Hungary and Russia.
A pint of beer

KKR hands over 50% stake in Oriental Brewery

U.S. private equity firm Kohlberg Kravis Roberts (KKR) has announced a deal with Affinity Equity Partners to hand over a 50 percent stake in Oriental Brewery.
Two pints of beer

Greene King profit beats own forecasts

Brewer Greene King has defied the rest of the pub sector to post profits that exceeded expectations as the warm weather helped the group hold its dividend.
Two pints of beer and two pub dinners on a table

Constellation Brands sees profit fall in recession

The global wine maker reported that earnings in the first quarter plummeted 85 percent as sales and margins continue to take a dive in the recession.
A glass of white wine

Diageo axes 900 jobs in Scotland

Drinks group Diageo has announced it is to cut 900 jobs at two plants in Scotland as part of a restructuring plan.
A scotch on the rocks

SABMiller in deal with black investors

World No. 2 brewer SABMiller will issue 10 percent of its South African unit to black investors in a deal worth $750 million in line with the country's affirmative action rules, it said on Wednesday.
A bottle of Peroni beer is seen in an undated handout photo. REUTERS/Vismedia

Marston’s rights issue faces criticism from investors

Pub group Marston’s has been forced to defend its 176 million pounds rights issue as leading shareholders prepare to vote against it.
Three pints of beer

Diageo joins Chinese producer to create vodka

Drinks group Diageo plc announced it has teamed up with Shui Jing Fang, the Chinese white spirit producer, to create a new premium vodka.
Diageo logo

Marston’s to raise £176m in rights issue

Pub and brewing company Marston’s has said it plans to raise 176 million pounds in a rights issue in order to build new pubs.
Pints of beer

Punch unveils £350 million share issue

Pub company Punch Taverns on Monday said it planned to raise 350 million pounds through a share issue, with the proceeds earmarked for debt repayment.

Premium drinks brands suffer

As drinks companies like Remy Cointreau, Molson Coors and Brown-Forman face up to declining consumer demand, workers take the brunt of cost cuts.
A glass of white wine

Milk Link safeguards 170 jobs at creamery

The receivers of Dairy Farmers of Britain (DFB) have sold the creamery to rival Milk Link in a bid to save 170 jobs at the Denbighshire-based business.
A glass of milk being poured

Venezuela cans Coke Zero

Venezuela has reportedly banned the sale of the calorie-free Coke Zero, claiming it is harmful to “health of Venezuelans”.
Venezuela bans sale of Coke Zero

Nestlé’s Nespresso defies the downturn

Food group Nestlé has opened a new factory for its Nespresso brand as the premium coffee records average sales growth of over 30 percent since 2000.
A cup of coffee and coffee beans

Brown-Forman’s profit beats expectations

The maker of Jack Daniel’s whiskey and Southern Comfort has seen fourth-quarter profit fall 19 percent, ahead of estimates.
A bottle of Jack Daniel's whiskey

Remy Cointreau operating profit falls 14.2%

French wine and spirits group Remy Cointreau has reported that full year operating profit was down 14.2 percent to 137 million euros as demand for its brands in Russia and the U.S. declined.
A glass of cognac with ice

Warburg Pincus withdraws its investment in China Huiyuan

The U.S. private equity fund Warburg Pincus has withdrawn its investment in China Huiyuan Juice Group Ltd as it declines to convert bonds into stock.
A glass of orange juice with a slice

A.G. Barr revenue up 22.5 percent

(Reuters) - Scottish drinks maker A.G. Barr said on Monday total revenue for the period from February 1 to May 29 rose 22.5 percent from a year ago, helped by strong underlying revenue growth from its core business and an increasingly positive performance from the Rubicon brand.
Plastic drinks bottle

Fuller's profits fall in tough market

Pubs operator and brewer Fuller, Smith & Turner reported a 1 percent decline in full-year pretax profit on Friday and said the year had been very difficult given tough market conditions.
Three pints of beer

PepsiCo’s takeover offer “inadequate”

Pepsi Bottling Group Inc rejected PepsiCo’s $6 billion takeover bid, calling it “inadequate” after it reported an improved performance and raised its earnings forecast.
PepsiCo headquarters

MillerCoors sees beer sales up despite downturn

MillerCoors, the second-largest brewer in the United States, sees beer sales growth slowing less rapidly in the downturn than wine and spirits and as the beermaker focuses on premium light and craft beers.
Thousands of newly-labelled bottles of Coors Light beer head for packaging at the Coors brewery in Golden, Colorado October 16, 2007. . REUTERS/Rick Wilking

Cobra Beer saved from administration by Molson Coors

Cobra Beer has entered a pre-pack administration after it was acquired by a joint venture between Molson Coors and its founder Lord Karan Bilimoria.
A bottle of Cobra beer

Heineken takes more Globe pub debt

Heineken , the world's third-largest brewer, has acquired more debt at a discount from Globe Pub Company, thereby reducing it own net debt and realising a net book gain.
In this file photo bottles of Heineken beer are displayed before a news conference in London January 25, 2008. Dutch group's presence in western Europe. The world's third-largest brewer has acquired more debt at a discount from Globe Pub Company, thereby reducing it own net debt and realising a net book gain. REUTERS/Stephen Hird

Permira sells 14 pct Britvic stake

Private equity group Permira Wednesday said it had sold its 14 percent stake in soft drink maker Britvic.
A glass of orange juice and oranges

Britvic profits rise on Q2 sales

Soft drinks maker Britvic has reported a 16.3 percent rise in half-year profits as revenues improved on a resurgence in the drinks market.
A glass of orange juice and oranges

Heineken says S&N UK head to leave

Dutch brewer Heineken on Tuesday said the head of its British business Jeremy Blood is stepping down as managing director of Scottish & Newcastle (S&N) UK and will leave the group immediately for personal reasons.
Heineken beer label

Drinks companies combat the downturn

Brewers and soft drinks companies are entering into distribution agreements in a bid to beat off competition within the industry.
Heineken beer bottles

Carlsberg to exceed savings forecast

Brewer Carlsberg has said that it will exceed its savings target of 1.3 billion Danish kroner following its joint takeover of Scottish & Newcastle last year.
Two pints of beer on a bar

SABMiller earnings dip

Brewing giant SABMiller beat forecasts with just a 4 percent dip in annual earnings on Thursday and warned that the strong dollar and high commodity costs would continue to hit the group in the current year.
Workers package beer at Cervejas de Mocambique, a subsidiary of giant SAB Miller, in Maputo, March 17, 2009. SABMiller beat forecasts with just a 4 percent dip in annual earnings on Thursday and warned that the strong dollar and high commodity costs would continue to hit the group in the current year. REUTERS/Grant Lee Neuenburg

Dr Pepper Snapple profit up on distribution agreement

Soft drinks maker Dr Pepper Snapple has reported that first quarter profit rose 39 percent related to an agreement to sell distribution rights to Hansen Beverage Co.
A can of Dr Pepper

Tied pub system forcing prices up

The tied pub business model used by Enterprise Inns and Punch Taverns has been criticised for selling beer to licensees at inflated prices, according to a Commons Committee.
Pouring a bottle of beer into a pint

United Breweries and Heineken in distribution deal

India-based United Breweries (UB) has reached an agreement with Heineken that will see it bottle and distribute the brewer’s brands in the country.
Heineken beer label

Poor harvest sees price of coffee soar

Following a poor harvest in Colombia, the leading grower of Arabica coffee beans, the price of coffee has risen to a 12-year high.
A cup of coffee surrounded by coffee beans

Weakening markets hit Diageo

Drinks group Diageo has reported that underlying sales fell 7 percent in the three months to March 31, although trading remains on track for its third fiscal quarter.
A glass of whiskey on the rocks

AB InBev profit beats estimates, earnings up

The world’s largest brewer, Anheuser-Busch InBev, has reported that first quarter earnings rose 10 percent as profit beats analysts’ estimates.
Two pints of beer on a bar

Molson Coors profit rises

Molson Coors Brewing Co reported a higher quarterly profit on Tuesday, as increased prices and cost cuts helped offset steeper commodity costs, the stronger U.S. dollar and lower sales volume.

McDonald’s launches coffee campaign

U.S. fast food chain McDonald’s Corp is to begin an advertising campaign in a bid to advertise its specialty coffee range, or McCafé.
A cup of expresso and coffee beans

Pepsi Bottling rejects PepsiCo's offer

Pepsi Bottling Group Inc said on Monday its board has rejected a proposal by PepsiCo to buy the remaining stake in the bottler, citing the offer as "grossly inadequate."
A plastic drinks bottle

‘Dairy summit’ to be held next month

A ‘dairy summit’ has been confirmed for next month following a protest by Scottish farmers outside the Scottish Parliament as milk prices continue to fall.
A glass of milk being poured

KKR preferred buyer for AB InBev’s Korean business

Kohlberg Kravis Roberts & Co is to buy Anheuser-Busch InBev’s Korean beer unit for an estimated $2 billion, one of the largest leveraged buyouts this year.
A bottle of beer being poured into a glass

Beer sales plunge 8.2% as industry hit by recession

The British Beer and Pub Association has reported that beer sales were down 8.2 percent in the first three months of the year, the equivalent of 1.7 million pints less a day than the previous year.
A man at a bar with a pint of beer

McDonald’s expands Coca-Cola, Dr Pepper Snapple drinks brands

Dr Pepper Snapple Group and Coca-Cola Co have entered into an agreement with fast food chain McDonald’s to expand the presence of both companies’ drinks brands in its outlets.
McDonald's logo

Kirin to takeover Lion Nathan

Japanese brewer Kirin agreed a $2.5 billion (1.71 billion pound) buy-out of Lion Nathan , Australia's second-largest brewer, on Monday, paying a near 50 percent premium to expand into one of the world's most profitable markets.
A customer walks past advertising signs for Lion Nathan beers at a liquor store in Melbourne April 27, 2009. Japanese brewer Kirin Holdings clinched a A$3.5 billion ($2.5 billion) agreed takeover of Lion Nathan Ltd, Australia's second-largest brewer, on Monday, paying at a near-50 percent premium for the remaining 53.9 percent it does not already own. REUTERS/Mick Tsikas

The last seven days in the drink industry

The 2 percent increase on alcohol duty has hit the beverage industry hard this week and elsewhere pubs and brewing groups continue to make the headlines.
Two pints of beer on a bar

Coca-Cola may buy stake in China Huiyuan

The Wall Street Journal has reported that Coca-Cola Co may buy a minority stake in China Huiyuan Juice Group Ltd.
Coca-Cola logo

Greene King rights issue to raise £207.5m

Pub and brewing group Greene King has announced that it plans to raise 207.5 million pounds through a rights issue.
Two pints of beer on a bar

Alcohol duty up 2% in Budget

Chancellor Alistair Darling has announced that alcohol duty will go up by 2 percent after midnight in yet another blow to the pub and restaurant industry.
Chancellor Alistair Darling

LVMH denies in talks with Diageo

LVMH , the world's largest luxury goods group, on Wednesday denied it was in talks to sell its wine and spirits unit Moet Hennessy.
A signage is seen on the outside of Diageo offices in west London October 10, 2008. REUTERS/Toby Melville

Heineken volumes fall 6.3 percent

Dutch Heineken , the world's third-largest brewer, reported a worse-than-expected drop in beer volume in the first quarter on Wednesday and said the impact and duration of the downturn remained unclear.
Bottles of Heineken beer are displayed before a news conference in London January 25, 2008. REUTERS/Stephen Hird

Coca-Cola Q1 profit down 10% on writedowns

Coca-Cola Co has reported a 10 percent decline in first quarter profit due to restructuring costs and lower sales.
The Las Vegas strip 'World of Coca-Cola'

PepsiCo offers $6bn to buyout bottlers

The world’s second largest drinks maker, PepsiCo Inc, has offered about $6 billion in cash and stock for sole control of its two biggest bottlers.
PepsiCo headquarters

Remy sales down 13%

The French liquor maker Remy Cointreau reported that full-year sales fell 13 percent as demand for premium champagne and cognac in the U.S. and Russia declined.
A bottle of Remy Martin cognac

SABMiller beer volumes fall flat

Brewing giant SABMiller sold less beer than expected in the first three months of 2009 as economic conditions worsened and demand fell in most of its markets.
A glass of beer is handed between pumps at the Great British Beer Festival at Earls Court in London, n this file photo from August 1, 2006. REUTERS/Luke MacGregor

Marston's on track as trading improves

Pubs and brewing group Marston's said on Wednesday it was on track to meet profit expectations for the full year after trading improved over the last eight weeks.
A pint of beer

Pernod Ricard launches rights issue

French drinks group Pernod Ricard launched a 1.04 billion euro (920 million pound) discounted rights issue on Wednesday as it posted a 12 percent drop in like-for-like third-quarter sales.
A bottle of

Anheuser-Busch InBev considers sale of Rolling Rock

Anheuser-Busch InBev is exploring the sale of its struggling Rolling Rock brand, just three years after it bought the brand from InBev.
Anheuser-Busch InBev logo

PepsiCo sues Coca-Cola over energy drink advert

PepsiCo Inc sued Coca-Cola claiming that its rival made false attacks against Gatorade in its advertisements for Powerade ION 4.
PepsiCo headquarters

Britvic agrees new banking facility

Soft drinks maker Britvic said on Tuesday it had refinanced its UK banking facility until May 2012.
A glass of orange juice and oranges

Campari expects Wild Turkey buy to add revenue

Italian drinks group Campari is to purchase Wild Turkey whiskey for $575 million in a deal that is expected to add 100 million euros a year to the group’s revenue.
A glass of whiskey on the rocks

Constellation Brands profit a penny shy

Constellation Brands Inc reported a quarterly profit that just missed Wall Street estimates, hurt by disappointing demand for alcohol in Europe and Australia during Christmas and New Year's, and gave a cautious forecast for the current year.
Constellation Brands logo

Pernod seen close to selling Wild Turkey

French drinks group Pernod Ricard is set to announce a 1 billion euro (920 million pound) rights issue and a deal to sell its Wild Turkey bourbon brand for $575 million (392 million pound), the Financial Times website reported on Tuesday, without citing sources.
A glass of whiskey with ice

Pernod Ricard announces five international appointments

Liquor maker Pernod Ricard has named five new executives who will run the company’s North and South American business following the resignation of Alain Barbet.
Pernod Ricard's 15 key brands

Jacobsen Vintage: World's Most Expensive Beer

Carlsberg's Brew House in Copenhagen Denmark unveiled the Jacobsen Vintage No. 2 for over $300...
Carlsberg Jacobsen Vintage No. 2

Adnams profits drop 64% in weak beer market

Family-controlled pub company Adnams has reported a 64 percent slump in operating profit to 1.5 million pounds, from 4.2 million pounds as beer sales decline.
Adnams brewery in Southwold, Suffolk

Coca-Cola buys minority stake in Innocent smoothies

The ethically aware smoothie business, Innocent, has sold a stake of between 10 and 20 percent to Coca-Cola for 30 million pounds.
Innocent founders, left to right: Adam Balon, Richard Reed and Jon Wright

Diageo and Kirin agree Japanese venture

The world’s largest liquor maker Diageo Plc and Kirin Holdings Co have agreed to form a venture in Japan which will market the distiller’s alcoholic drinks brands.
Bottles of spirits lined up behind a bar

MPs support the campaign to save the ‘great British pub’

A total of 202 MPs have backed the British Beer and Pub Association’s (BBPA) five point plan, which calls on the Government to support and save the ‘great British pub’.
Two pints of beer

Grey Goose vodka loses share of spirits market

The blue-chip vodka brand Grey Goose is losing its share of the spirits market in the U.S. as consumers choose less expensive brands.
A glass of vodka against a black background

Tea prices set to rise after droughts

Tea prices are likely to jump to a record high after droughts in the main exporting countries damaged yields, the United Nations’ Food and Agriculture Organisation (FAO) and industry executives forecast.
Tea pickers in the Kerala tea fields in India

U.S. soft drink volume decline steepest in decades

U.S. carbonated soft drink volume fell 3 percent in 2008, the biggest drop since at least the early 1980s, according to industry publication Beverage Digest, as Americans cut back on small treats during the recession.
Coca-Cola bottles spin around at the exit to the World of Coca-Cola in Atlanta, Georgia, February 12, 2009. REUTERS/Tami Chappell

Foster’s Group to sell wine locally, revive sales

Australia’s biggest beer and winemaker, Foster’s Group Ltd, has said that it plans to keep more of its domestically made wine for local sales in a bid to reverse losses at the company.
A glass of white wine being topped up

Australia rejects spirit tax, Diageo to benefit

The Australian Senate has rejected increased taxes on ready-mixed spirits, a decision that is set to benefit the world’s largest drinks group Diageo plc, according to Bloomberg.
Bottles of various spirits on the supermarket shelf

China rejects Coke's $2.4 billion bid for Huiyuan Juice

China has rejected Coca-Cola's planned $2.4 billion acquisition of top juice maker Huiyuan Juice, saying the deal would have been bad for competition.
Products of Huiyuan are displayed at a news conference on the company's 2008 interim results in Hong Kong September 10, 2008. REUTERS/Bobby Yip

UK beer consumption declines 3.2%

A report published by the British Beer & Pub Association (BBPA) has warned that higher beer taxes and the economic slowdown has seen liquor consumption fall for the fourth time in five years.
Beer taps

Coke might abandon China juice company takeover: report

China has rejected a $2.4 billion bid by Coca-Cola for China's top juice maker, Huiyuan Juice , China News Service reported on Wednesday, citing the Ministry of Commerce.
Products of Huiyuan are displayed at a news conference on the company's 2008 interim results in Hong Kong September 10, 2008. REUTERS/Bobby Yip

Wetherspoon first-half profit steady

Pubs group JD Wetherspoon posted slightly higher interim results and sales on Friday and said it continues to trade well.
A Wetherspoons pub in Peterborough, UK

Brown-Forman cuts 2009 forecast

The maker of Jack Daniel’s whiskey, Brown-Forman Corp, has reduced its 2009 profit by as much as 16 percent as trading in the U.S. falls to a four-year low.
A bottle of Jack Daniel's whiskey

Costa Coffee insures taster’s tongue for £10m

Gennaro Pelliccia, Costa Coffee’s chief taster, has had his tongue insured for 10 million pounds by a syndicate with Lloyd’s of London as the chain looks to protect one of its most valuable assets.
A cup of Costa coffee

AB InBev may move HQ to New York

The Belgian brewer Anheuser-Busch InBev has said it may transfer its headquarters to New York as it looks to focus on the U.S. beer market.
AB InBev logo

Coca-Cola to invest another $2 billion in China

Coca-Cola Co , the world's largest soft drinks maker, said on Friday it will invest $2 billion in new plant and distribution infrastructure in the next three years in China.

White Rock Distilleries Launches Sweet Tea Flavored Vodka

Portland, Maine company launches a new vodka to their ever-expanding portfolio
Sweet Carolina Sweet Tea

AB InBev raises synergy targets after strong Q4

Anheuser-Busch InBev , the world's largest brewer, reported better than expected fourth-quarter results on Thursday and hiked its target for synergies from its merger.
AB InBev logo

C&C Group directors waive bonuses

Cider maker C&C Group has seen massive writedowns, prompting its newly-appointed directors to waive their bonuses to fund a staff compensation scheme.
Rows of cider bottles

Rise in beer tax opposed by campaigners and public

Pub campaigners have pleaded with the government to scrap an above-inflation rise in beer tax in the next Budget.
Beer taps

Heineken interested in AB InBev’s Staropramen

Dutch brewer Heineken NV is said to be interested in buying AB InBev’s Staropramen brewery, based in Prague.
Heineken bottles lined up

Cott narrows loss, misses expectations

Cott Corp reported a smaller fourth-quarter loss on Thursday as special charges came in lower than a year earlier, but the soft-drink maker's results missed expectations and its shares fell.
A glass of orange juice with a straw and slice

AB InBev agrees sale of U.S. Labatt business

Anheuser-Busch InBev , the world's largest brewer, said on Monday it had agreed the sale of InBev USA, the U.S. distributor of Canadian beer Labatt, to an affiliate of private equity firm KPS Capital Partners.
AB InBev logo

C&C to axe jobs at Irish plant

Irish drinks group C&C has announced job cuts which will see one-fifth of its workforce laid off as sales in the UK and Ireland decline.
Apples ready for the press

Kirin seeks higher stake in San Miguel

Kirin Holdings Co said Friday, February 20, that it will purchase a 43.25 percent stake in San Miguel Brewery from San Miguel Corp for 112 billion yen as it expands its business in Asia.
Beer bottles

Heineken and Carlsberg pledge to cut costs

Brewers Heineken and Carlsberg , which carved up Scottish & Newcastle last year, committed to slashing debt, costs and spending on Wednesday in anticipation of a recession-hit 2009.
Cans of Carlsberg beer are seen through a branded pint glass before a news conference in London January 25, 2008. REUTERS/Stephen Hird

Carlsberg 2008 operating earnings rise 52 percent

The world's fourth-largest brewer, Denmark's Carlsberg , on Wednesday posted a 52 percent rise in 2008 operating profit before special items, slightly above expectations, and said it saw rising profits this year.
Cans of Carlsberg beer are seen through a branded pint glass before a news conference in London January 25, 2008. REUTERS/Stephen Hird

Driven to drink no bad thing, for wine investors

Financial turmoil may drive investors to drink but this could be a boon for some of them.
A glass of white wine being topped up

Starbucks to unveil "Via" instant coffee

Starbucks, whose chief executive is trying to fight "misperceptions about affordability" for the coffee chain's brands, will unveil on Tuesday its new "Via" instant coffee that will sell for less than $1 (70 pence) per cup.
The Starbucks sign is seen outside one of its stores in New York July 3, 2008. REUTERS/Chip East

Foster's to keep wine business

Foster's Group , Australia's largest brewer, will keep its struggling $3.2 billion (2.25 billion pound) wine business and reshape it over time, as tough debt and equity markets cut out the option of a sale or demerger.
A customer takes a six-pack of Fosters beer cans from the fridge at a liquor store in Melbourne November 6, 2008. REUTERS/Mick Tsikas

European brewers set to see pain of slowdown

European brewers Heineken and Carlsberg are set to show scars from the global downturn when they report next week reflecting the sharp slowdown in growth already seen from spirits giants Diageo and Pernod this week.
Bottles of Heineken beer are displayed before a news conference in London January 25, 2008. REUTERS/Stephen Hird

Pernod Ricard reports profits in recession

The wine and spirits group Pernod Ricard posted healthy profits, up five percent to 615 million euros for the six months to the end of December 2008.
Bottles of Jameson Irish whiskey

PepsiCo profit falls

PepsiCo Inc reported lower quarterly earnings on Friday, hurt by restructuring and impairment charges and lower volume in its North American beverage business, but results met Wall Street estimates.
PepsiCo Inc's new marketing campaign, which includes new packaging graphics on cans shown here photographed in Encintas, California February 11, 2009. REUTERS/Mike Blake

Starbucks plans instant coffee debut

Starbucks is moving into the instant coffee market as it works to shake off its reputation as a seller of pricey coffee drinks.
A pedestrian passes a branch of Starbucks Coffee, in central London November 25, 2008. REUTERS/Toby Melville

Coca-Cola shares rise as profit tops view

Coca-Cola Co reported a better-than-expected quarterly profit on Thursday despite a recession, helped by double-digit volume gains in China, India and Eastern Europe, sending shares up 2.4 percent.
A customer takes a bottle of Coca-Cola from a grocery store's fridge in Melbourne November 17, 2008. REUTERS/Mick Tsikas

Everything's Coming Up Pinot for Mark West Winery

While the economic crisis may be gloom and doom for some, it's been a boom for wine companies like Mark West Winery.

Diageo earnings rise 21 percent but cuts profit target

Diageo , the world's biggest alcoholic drinks group, reported half-year earnings at the top of forecasts with a 26 percent rise, but cut its profit growth target due to the global economic slowdown.
A pint of Guinness beer is seen outside a pub in London August 28, 2008. REUTERS/Luke MacGregor

Coke Enterprises profit tops view

Coca-Cola Enterprises Inc reported a better-than-expected quarterly profit on Wednesday excluding items, helped by a slight improvement in North American business trends.

Molson Coors profit misses view

Molson Coors Brewing Co reported a smaller-than-expected quarterly profit on Tuesday, hurt by slowing beer sales, the strengthening U.S. dollar and higher commodity costs.
Thousands of newly-labelled bottles of Coors Light beer head for packaging at the Coors brewery in Golden, Colorado October 16, 2007. REUTERS/Rick Wilking

MillerCoors fourth-quarter profits up

MillerCoors, the combined U.S. operations of Molson Coors Brewing and SABMiller , said on Tuesday fourth-quarter underlying net income rose 16.5 percent, as it accelerated its cost-savings targets.
An aerial view of beer cans

Pepsi Bottling profit before charges tops view

Pepsi Bottling Group Inc reported better-than-expected quarterly results on Tuesday, helped by cost-cutting and productivity improvements.
Fizzy drinks bottle

Australia's Lion Nathan scraps Amatil bid

Australasian brewer Lion Nathan dropped a $4.9 billion (3.3 billion pound) bid for soft drinks maker Coca-Cola Amatil after talks between top shareholders in the two companies broke down over conditions.
Rows of beer bottles

Global beer market to go flat in economic crisis

LILLE, Worldwide consumption of beer could remain flat this year as the economic downturn hurts demand after several years of impressive growth, industry players said at a gathering in northern France on Thursday.
A pint of beer against a purple background

CORRECTED: ABInBev sells down Tsingtao stake

Anheuser-Busch InBev, the world's biggest brewer, sold most of its stake in Tsingtao Breweries of China to Japan's Asahi Breweries, in a $667 million (491 million pound) deal that will help cut its multi-billion dollar debt pile.
Tsingtao beer bottle

Threshers owner shuts 100 shops

First Quench Retailing, the drinks group that owns Threshers, The Local and Wine Rack chains, said Friday it had shut 100 stores in the past six months and was reviewing other sites for possible closure.

Marston's Q1 sales decline

Pubs and brewing company Marston's reported a decline in first-quarter sales on Friday but its performance compared favourably to larger rivals and shares in the company rose by as much as 10 percent.
A forklift truck driver loads a lorry with beer at Marston's Brewery in Burton upon Trent, central England, October 14, 2008. REUTERS/Darren Staples

Wetherspoon cancels future dividend payments

Pubs group JD Wetherspoon reported accelerating sales growth after offers such as a pint of beer for 99 pence enticed cash-strapped drinkers, sending its shares 15 percent higher on Tuesday.
Pubs group JD Wetherspoon reported accelerating sales growth after offers such as a pint of beer for 99 pence enticed cash-strapped drinkers, sending its shares 15 percent higher on Tuesday. REUTERS/File

New campaigns from Coke and Pepsi reignite cola wars

Coca-Cola and Pepsi are reigniting the long-smouldering "cola wars" with new marketing, hoping to stem a 3-year U.S. sales decline of carbonated drinks.
A pedestrian crosses a road in front of an outdoor Coca-Cola advertisement in Sydney, November 17, 2008. REUTERS/Tim Wimborne

Marston's says new bank loan to cost 6.3 percent

Pubs and brewing company Marston's said the cost of its debt would rise to 6.3 percent from 6.1 percent under a new bank facility lasting until August 2013.

First Milk announces price cut

The dairy farmer cooperative First Milk announced that it has cut the price of milk by 1.25ppl from January 1, 2009 following a decline in prices in mainland Europe.
Bottle of milk pouring into a glass

ABInBev to close London brewery leaving 182 jobs at risk

Anheuser-Busch InBev , the world's largest brewer, said on Tuesday it would close its newly-acquired London Stag brewery in 2010, with the potential loss of 182 jobs.
Bottles of Stella Artois beer, a brand of Anheuser-Busch InBev, are displayed for sale at a store in Hong Kong's Sheung Wan district June 12, 2008. REUTERS/Victor Fraile

Government approves major Diageo investment

The Irish Government, through Enterprise Ireland, has approved support for a major investment programme by Guinness parent Diageo to expand its R&D activity at its Dublin facility.
Diageo logo

Pepsi Ireland is to liquidate

PepsiCo International Ireland is to liquidate, the Companies Registration Office says.
Pepsi bottle and glasses
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