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.
Beverage news
Fresh headlines across food, beverage, personal-care, home-care, retail and FMCG services, updated automatically and linked to the original publishers.
Why Africa is the wine industry’s biggest missed opportunity
As traditional wine markets stagnate, producers continue to chase shrinking demand in Europe and North America. Benjamin Jack argues that the industry's greatest long-term…
‘People are drinking differently today,’ says Australian Vintage CMO
Small format wines are nothing new. But thanks to an "innovative" approach and bold branding, Poco Vino is satisfying a market segment whose needs "have never been stronger"…
Are campers a massive untapped market for drinks?
As summer holidaymakers toast marshmallows over campfires, Sarah Neish asks marketing experts whether campers are a smoking hot demographic, and why this consumer segment is left…
Coca-Cola Europacific Partners’ H1 Revenue Tops €10.7bn
Coca-Cola Europacific Partners (CCEP) reported total revenue of €10.7 billion for its first half of 2026.
Jameson teams with NFL as global sponsor amid spirits market struggles
The Pernod Ricard brand will have exclusive marketing rights as the official spirits sponsor of the league, which is continuing its international push.
On the up: which fine wines have been gaining value this year?
As the fine wine market shows clear signs of bottoming out, some regions and producers are spearheading the recovery, piquing the interest of collectors. The post On the up: which…
Bottler Coca-Cola HBC Lifts Profit Forecast As Demand Stays Strong
Switzerland-based bottler Coca-Cola HBC narrowed its annual organic operating profit growth towards the higher side of its forecast range.
Nichols Names Laura Padfield As Independent Non-Executive Director
Soft drinks maker Nichols has appointed Laura Padfield as an independent non-executive director of the company, effective 1 September 2026.
Heineken First-Half Profit Rises As 3,000 Jobs Slashed
Heineken posted a forecast-beating H1 profit after cutting around 3,000 jobs, half of the up to 6,000 cuts targeted over a two-year period.
Brazil Beer Division, FIFA World Cup Drive Ambev’s Q2 Growth
AB InBev subsidiary Ambev reported year-on-year volume growth of 1.4% in the second quarter of its financial year 2026.
Ball Corp Beats Quarterly Estimates On Steady Demand For Its Aluminum Cans
Ball Corp beat Wall Street estimates for second-quarter revenue and profit, supported by resilient demand for its beverage cans.