The new guidance came alongside a set of third-quarter financial results that included a fall in net sales and underlying net income. Molson Coors expects its net sales to fall 1-2% on a ...

The rate has now been raised to 35%, with a mandatory threshold of at least €5 ($5.62) per litre.

Nestlé insists there has been no “change of ownership” of its Russia business despite the Kremlin placing the Swiss giant’s local assets under “temporary administration”. In an announcement yesterday ...

PepsiCo bottler Varun Beverages will set up a new food and drinks manufacturing facility in the Indian state of Maharashtra. The project will involve an investment of approximately Rs21bn ($221.3m) ...

English winemaker Chapel Down is looking to raise up to £6m ($8.1m) from shareholders to invest in production. In a stock-exchange filing today (4 November), the AIM-listed company announced a ...

In a statement to Just Drinks, the Buffalo Trace brand owner said Full Sail had built “a strong business plus production and manufacturing capabilities”. Sazerac added the acquisition “enables us to ...

The Portman Group has upheld a complaint against Sazerac that argued its use of an ice cream van to promote alcohol could appeal to children. The self-regulatory body ruled handing out soft-serve ...

Nestlé is to sell half of its waters business to the US private-equity firm Platinum Equity under a joint-venture agreement. In a statement today (23 July), issued alongside Nestlé’s first-half ...

The Coca-Cola bottler, meanwhile, expects cost inflation to edge higher in 2027.

The Indian government has reportedly indicated bulk Scotch shipments will qualify for the tariff cut agreed on whisky with the UK. How much bulk Scotch shipments are taxed has become a hot political ...

Greene King has appointed Clair Preston-Beer as its next CEO, making her the first woman to lead the UK brewer and pub-group in its 227-year history. She will succeed Nick Mackenzie, who is stepping ...

Strike action at a Diageo site in Scotland has been shelved ahead of talks between the spirits giant and union officials. Staff at Diageo’s Cameronbridge distillery started their action last month ...