Diageo targets US$1bn in savings as Dave Lewis unveils turnaround plan
Diageo has launched a three-year programme to improve efficiency and restore growth under new chief executive Sir Dave Lewis. The drinks group will target an additional US$1…
Beverage news
Fresh headlines across food, beverage, personal-care, home-care, retail and FMCG services, updated automatically and linked to the original publishers.
Should grocers try reclassifying their beverage aisles?
The category is becoming more fragmented across channels and linked to specific consumer needs such as hydration, FMI found.
Kavalan returns to Israel
Taiwanese single malt whisky Kavalan has teamed up with distributor Eurostandart to reintroduce its core range to the Israeli market The post Kavalan returns to Israel appeared…
Pimentae aims for £1m with first crowdfund
Tequila-based ready-to-drink brand Pimentae will launch its first crowdfunding campaign next week with a target of £1 million (US$1.3m). The post Pimentae aims for £1m with first…
La Martiniquaise snaps up Lamb’s rum from Corby
Pernod Ricard’s Canadian arm has sold Lamb’s rum to La Martiniquaise-Bardinet and a Quebec-based alcohol firm for CA$39.2 million (US$28m) The post La Martiniquaise snaps up…
Spirits Maker Diageo Launches $1bn Cost-Cutting Plan To Arrest Subdued Growth
Diageo targets $1bn in savings over three years as it forecasts low-single-digit sales growth through 2029.
Unreined Whiskey unveils Texas visitor centre
The new Unreined Whiskey visitor centre in College Station, Texas, features a ‘speakeasy-style’ lounge and a working rickhouse The post Unreined Whiskey unveils Texas visitor…
Jeremy Clarkson launches beer and beef pies
Jeremy Clarkson’s beer and beef pies are hitting pub menus this month. db finds out more about what they contain and where you can try them. The post Jeremy Clarkson launches beer…
Quilceda Creek acquires full ownership of Champoux Vineyard
Washington winery Quilceda Creek, which has long owned a stake in the historic Champoux Vineyard, has now acquired the Horse Heaven Hills AVA site in full, saying it is a vineyard…
‘We’re still at experimentation level’: meet the Korean somm making wine for Hong Kong
Ever heard of Korean wine? No? Well, that's exactly what Ted Ko is trying to change. Under the Koyberpunk brand (a blend of terms "Korea" and "cyberpunk"), he produces a…
Chile’s 2026 harvest underlines regional identity
Chile’s harvest for 2026 is one that is “defined by precision, marked by technical consistency and with a clear regional identity across its leading valleys”, according to Viña…
Don Julio appoints India brand ambassador
Former Diageo World Class Mexico champion Israel Barón has taken up the brand ambassador role for Don Julio in India The post Don Julio appoints India brand ambassador appeared…