South Korea: Online sales ban hurts soju and beer makers in Korea

Korea's soju and beer companies claim the ban on online liquor sales is hurting their market competitiveness, as imported liquors have grown their pies in the market, The Korea Times ...
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World: Diageo removes sales forecast blaming Trump tariffs uncertainty

Drinks giant Diageo DEO failed to provide a future sales forecast on February 4, because of uncertainty around President Trump’s tariffs twists. The news sent DEO stock down over 1% ...
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Belgium: Strike breaks out at AB InBev brewery in Hoegaarden

A strike broke out at AB InBev in Hoegaarden on February 4, according to the ACV union and confirmed by company management, The Brussels Times reported. Approximately 150 out of the ...
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USA, NY: The Real McCoy Beer Co. getting ready to open its newest location in Albany

The Real McCoy Beer Co. is getting ready to open its newest location in Slip 12 in Albany. Owner Mike Bellini said he’s looking to open in mid-March as they’re ...
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USA, IL: Moor’s Brewing to open its own brewpub in Chicago on February 5

Moor’s Brewing, one of Chicago’s few Black-owned craft breweries, is marking a major milestone this week, FOX 32 Chicago reported on February 4. After three years of selling beer in bars ...
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USA, FL: Oviedo Brewing Company closing its doors at the end of February

The Oviedo Brewing Company is closing its doors at the end of the month, according to a Facebook post, WKMG reported on February 4. The brewing company posted that it will ...
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USA, TX: Alamo Beer files for Chapter 11 bankruptcy

Alamo Beer Co., one of the region’s largest brewing businesses, has filed for Chapter 11 bankruptcy protection in the Western District of Texas, ksat.com reported on February 4. It’s a significant ...
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Australia: Carlton & United Breweries' CEO quitting as drinkers vow to boycott Great Northern beer

Carlton & United Breweries' CEO has announced he's quitting the company after its top-selling Great Northern Beer was hit by a furious backlash over a promotional campaign, Daily Mail reported ...
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Ireland: Diageo to ramp up Guinness production in Ireland

In response to a significant surge in demand, the production of Guinness beer is set to be ramped up in Ireland. This decision comes after reports of supply shortages in ...
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World: Beer industry represented 0.8% of global GDP in 2023, study finds

The beer industry delivered a remarkable $878 billion to the global GDP in 2023, which represented 0.8% of the global GDP, according to the latest figures revealed by the World ...
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