Dutch brewing giant Heineken has announced plans to return €1.5 billion to shareholders following an exceptional year of performance, driven by robust demand for its premium brands and significant growth
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Lord Ashcroft has called for premium English winemaker Gusbourne to withdraw from London’s junior stock market after unsuccessful attempts to secure a buyer. The company’s shares plummeted more than 40
Brewers across the United Kingdom are warning that the introduction of a so-called “glass tax” threatens to severely impact the availability and affordability of bottled beer. The upcoming extended producer
The world’s largest spirits manufacturer, Diageo, has abandoned its medium-term sales growth target of 5-7% amid mounting pressures from potential US tariffs and global market volatility. The decision marks a
The FTSE 100 drinks giant Diageo has firmly rejected rumours surrounding the potential sale of its iconic Guinness brand, putting an end to widespread market speculation that had driven its
The surging popularity of weight-loss medications is creating unprecedented ripples across the alcohol industry, with major beverage companies facing potential long-term revenue challenges. Investment heavyweight Terry Smith’s recent divestment from
Disruptive passenger incidents on flights have more than doubled since the pandemic’s end, prompting Ryanair to call for stringent alcohol restrictions at airports across Europe. The Irish carrier is pushing
Scottish spirits giant William Grant & Sons has announced exceptional financial results for 2023, with sales approaching £2 billion and pre-tax profits soaring to £554 million, marking a significant increase
Major alcoholic beverage manufacturers witnessed a significant decline in their share prices following a stark announcement from the US surgeon-general regarding cancer warnings on alcohol products. The dramatic market response
Diageo’s iconic stout brand Guinness is facing unprecedented supply challenges in the UK market, prompting the company to tap into its Irish security stocks. The strategic move comes as British
