Commentators and institutional investors wondered if the first global sales drop since the pandemic was the result of a larger malaise. Chris Kempczinski’s chief executive acknowledged that “it is clear
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Diageo’s head has warned consumers that they are in an “extraordinary” environment, as the company reported its first drop in global sales since 2020. The company that makes Smirnoff, Casamigos,
While health campaigners are happy that young people seem to prefer soft drinks over alcohol, companies who produce the stronger stuff is concerned. It is possible that sales will fall
Hawksmoor, a high-end chain of steakhouses, has been listed for sale. The deal could be worth around £100m. The restaurant chain hired Stephens Investment Bank to begin looking for potential
Greencore, a sandwich maker that supplies major supermarkets such as Asda Morrisons Sainsbury’s is among a number of companies recalling their products, after they were potentially linked to a E
Estrella Galicia’s boss has accused British brewers for “dishonesty”, as they sell beers that look Spanish, but are actually brewed in Britain. Aitor de Artaza is the international managing director
What’s the value of a name, anyway? If you ask the makers behind the viral water brand Liquid Death the answer would be $1.4bn. The canned drink that Gen Z
Starbucks is struggling. There are a number of factors that may have contributed to the decline in sales, including concerns over the company’s position on Gaza and broader economic issues.
In 2019, when sommelier Erika Haig opened the UK’s very first independent sake bar in London’s West End, passers-by were confused by the drink advertised on the window and tried
MPs are questioning the UK’s preparedness for border controls after Brexit, due to be introduced next week. They argue that any scaling back in its plans would represent a six-month
Blackpool rock is a British seaside tradition as traditional as donkeys on the beach, arcades and fair-to-middling weather. But it faces an existential danger from inferior Chinese imports that are
Ministers’ decision to impose phytosanitary certifications, plant passports as well as import licences and export certificates. Next month, they will have another form to fill out for animal products, plants
Neither Rishi Sunak nor Gordon Brown is a beer aficionado. The former is teetotal and his predecessor all but gave up booze during his time in office. Yet the two
