Drinks

Heineken's Shares Slip As Results Miss Forecasts

Dutch brewer Heineken reported a 12.5% rise in half-year operating profit on Monday after an anticipated boost from sporting events in June and July did no...

Pernod Ricard Offloads Bulk Of Wine Unit To Focus On Spirits

Pernod Ricard said on Wednesday it agreed to sell the majority of its wine portfolio to the owners of Australia's Accolade Wines, disposing of a dragging d...

China Cognac Probe Is A Reaction To EU Car Tariffs, Says Hennessy Owner LVMH

China's anti-dumping probe into Europe's cognac industry is a tit-for-tat reaction to European Union tariffs on Chinese electric vehicles, the finance chie...

Carlsberg To Buy Britvic for $4.2bn

Carlsberg has agreed to buy British soft drinks maker Britvic for £3.3 billion (€3.9 billion) and buy out UK pub group Marston's from its joint...

Australian Wine Sector Offers Worrying Case Study For EU Industries

Hit with Chinese tariffs, Australia's wine industry struggled to offset the impact of falling exports despite scrambling to build new markets, source grape...

French Cognac Makers 'Deeply Concerned'

French spirits sales and exports have dropped sharply this year as consumers continued to cut back spending, the industry lobby said on Thursday, warning t...

Champagne Makers Call For Reduced Grape Harvest After 15% Drop In Sales

France's champagne producers on Friday called for a cut in the number of grapes harvested this year after sales of the wine fell more than 15% in the first...

Irish Whiskey Tourism Celebrates 700 Years Of Distilling Heritage

Whiskey distilleries around the island of Ireland attracted over 800,000 tourism visitors in the year from June 2023 to June 2024, with the majority coming...