South Korea: HiteJinro’s Q1 beer sales slide 3.3% yoy

Korean beer maker HiteJinro posted consolidated 1Q21 sales of W535.1 bln (+0.2% y-y) and an operating profit of W52.9 bln (-5.7% y-y), the Business Korea reported on May 17. The ...
Published 17/05/2021 More

Australia: Beer consumption down, wine and spirits up during Covid-19 period

Data from Roy Morgan’s Alcohol Consumption Report showed that there were significant increases in wine and spirits consumption (up 3.3 percentage points over the year) in Australia during the COVID-19 ...
Published 17/05/2021 More

South Africa: Heineken confirms talks on possible acquisition of South Africa’s Distell

Heineken NV confirmed on May 18 that it was in talks with South Africa's Distell about a possible acquisition, in what would mark a push into wine and spirits for ...
Published 17/05/2021 More

Malaysia: Carlsberg Brewery Malaysia posts 8.9% net profit decline in Q1

Carlsberg Brewery Malaysia Bhd posted a net profit of RM66.46 mln in the first quarter ended March 31, 2021, which was 8.9% lower than RM72.96 mln in the previous corresponding ...
Published 17/05/2021 More

USA, OH: Bummin’ Beaver Brewery hoping to open around July 4

Bummin’ Beaver Brewery is built on, of all things, tragedy, clevelan.com reported on May 17. A failed attempt by a beaver to cross a road near the Mahoning River offered inspiration ...
Published 17/05/2021 More

USA, FL: Heineken not to challenge a craft brewer’s “Tropical Bay IPA” trademark

A Heineken subsidiary has agreed not to challenge a craft brewer’s “Tropical Bay IPA” trademark, laying to rest the bulk of a US federal lawsuit, the World Intellectual Property Review ...
Published 17/05/2021 More

USA, NV: Schussboom Brewing Company to open its doors on June 2

Opening a business during a pandemic can have its challenges. Especially, a project the size of Schussboom Brewing Company. Crews broke ground on the old Shop n Go store in ...
Published 17/05/2021 More

USA, KS: Dry Lake Brewing becomes Great Bend’s first brewery ever

The Great Bend Chamber of Commerce staff and Ambassador’s Club hosted a ribbon cutting at 1305 Main Street to commemorate the opening of Dry Lake Brewing, the Great Bend Tribune ...
Published 17/05/2021 More

Nigeria: Nigerian Breweries appoints new Managing Director and CEO

Nigerian Breweries, the largest brewing company in Nigeria, has appointed Mr. Hans Essaadi as the Managing Director and Chief Executive Officer (CEO) effective 31st, July 2021, investorsking.com reported on May ...
Published 16/05/2021 More

Belgium: Trappist monks of the Abbey of Rochefort win another important court battle for water

The Trappist monks of the Abbey of Rochefort in Namur province have won another important court battle in a dispute with Lhoist Group, the world’s largest producer of chalk, The ...
Published 16/05/2021 More