The price of nonalcoholic beer is increasing at a rate significantly higher than its alcoholic counterpart. Recent figures indicate that the average unit price of nonalcoholic beers in shops and
Alcohol
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Heineken, the world’s second-largest brewer, has announced plans to reduce its global workforce by up to 6,000 employees, equivalent to approximately 7 per cent of its total headcount. This decision
Numerous Scottish distilleries are exhibiting signs of significant financial distress, as both domestic and global demand for spirits continues to wane. Research conducted by BTG Begbies Traynor has revealed that
Marks and Spencer has expressed strong concerns regarding the exclusion of alcohol from proposed regulations aimed at unhealthy food and drink sales. The supermarket giant warns that omitting alcohol from
Carlsberg has reported annual profits above expectations, driven by its strategic acquisition of Britvic and its range of alcohol-free brands. This reflects a growing trend among consumers, particularly younger generations,
The brewery behind some of the United Kingdom’s most renowned craft beers has received a lifeline through the acquisition by a competing drinks firm. The deal, valued at £6.5 million,
Heineken’s chief executive, Dolf van den Brink, demonstrated notable enthusiasm during the announcement of a new lager designed to expand the brand’s presence into previously uncharted territories. This unveiling comes
Household expenditure on alcoholic beverages during the Christmas period has declined at its most rapid rate since the coronavirus lockdowns of 2021, according to retail data analysis. The contraction reflects
The Scottish whisky industry has entered a period of oversupply as global sales decline and trade barriers persist. Recent data from the alcohol analytics provider IWSR revealed a 3 percent
Christmas has long been associated with increased alcohol consumption, as office parties and family gatherings encourage many Britons to indulge in festive drinks. However, the latest data now indicates that
Naked Wines has announced that its profits for the current financial year are set to reach the upper end of forecasts, following a strong trading period in the lead up
Diageo has reached an agreement to sell its majority holding in East African Breweries to Asahi for 2 point 3 billion dollars. This strategic move is part of Diageo’s ongoing
French winemakers are contending with a convergence of challenges threatening the stability of one of the nation’s vital economic pillars. Representing the independent winemakers’ syndicate, JeanMarie Fabre has warned that
Diageo saw its market value rise by approximately £2 billion following the announcement that Sir Dave Lewis would become chief executive of the FTSE 100 drinks group. The appointment comes
Diageo, the global spirits giant behind Guinness and Johnnie Walker, has revised down its full-year sales forecast, despite reporting a better than anticipated first-quarter performance. The company now expects organic
Heineken has reported falling beer demand in key global markets, attributing a challenging third quarter to more moderate consumption habits in Europe and America as well as volatile trading conditions.
