World: Diageo reportedly seeking beer portfolio sale, except for flagship Guinness

Diageo, the world's largest spirits maker, is seeking to divest its beer portfolio, except for flagship brand Guinness, Axios reported on December 5, citing sources familiar with the firm. Beer sales ...
Published 06/12/2023 mehr

India: United Breweries expecting mid- to high single-digit beer market growth

Top beverage company United Breweries is expecting a mid to high single-digit growth in India's beer market, per CEO Vivek Gupta, NewBytes reported on December 6. With beer currently having low ...
Published 06/12/2023 mehr

USA: Volatility in beer driven by decline in consumer interest in lower-value beers, Constellation Brands CFO says

Volatility in beer is being driven by a decline in consumer interest in lower-value brews and growing interest in higher-end options, Garth Hankinson, Constellation Brands’ executive vice president and CFO, ...
Published 06/12/2023 mehr

Canada, ON: Still Fields Brewery ceasing operations soon

Just over two years after launching with a mission to craft “crafting creative, experimental, spontaneous and wild beer”, Still Fields Brewery has announced that it will soon be ceasing operations. The ...
Published 06/12/2023 mehr

USA, SC: River Rat Brewery in Columbia to cease operations on December 30

River Rat Brewery in Columbia has announced it will be closing at the end of the month, WLTX-TV reported on December 5. The brewery announced the news on Facebook on December ...
Published 06/12/2023 mehr

USA, AZ: Perch Brewing Co. opens new Gilbert location

Perch Brewing Co. opened Nov. 29 at 720 W. Ray Road, Gilbert, in the space formerly occupied by Flying Basset Brewing, the Daily Independent reported on December 5. This is the ...
Published 06/12/2023 mehr

UK: Craft brewers speak up about reality of cost pressures

UK craft brewers have spoken up about the reality of the cost pressures, lack of government support and in the future of their businesses. Steve Dunkley head brewer at Beer Nouveau ...
Published 05/12/2023 mehr

World: Diageo still getting downgrades following profit warnings last month

Diageo PLC is still getting downgrades following its warning last month, with both RBC and Deutsche Bank suggesting there is more disappointment to come from the beer and spirits group, ...
Published 05/12/2023 mehr

Australia: Barley crop estimates up 6.1% in ABARES December report

Australia is forecast to produce 25.5 million tonnes (Mt) of wheat, 11.1Mt of barley and 5.5Mt of canola, according to estimates released by ABARES on December 5 in its December ...
Published 05/12/2023 mehr

UK: Carlsberg Marston's Brewing Company set to close Ringwood Brewery on lack of buyers’ interest

Ringwood Brewery is set to close after its owners were unable to sell the operation, The Southern Daily Echo reported on December 4. The Carlsberg Marston's Brewing Company (CMBC) put the ...
Published 05/12/2023 mehr