Heineken sounded a bleak warning that depressed consumer confidence and poor summer weather would hit second-half figures after its first-half profits fell short of expectations.
Diageo has received regulatory clearance for the £1.3 billion acquisition of Mey Içki, the leading spirits company in Turkey.
Beam Global Spirits & Wine has unveiled a new logo as it prepares to part from its parent company Fortune Brands.
Wine and spirits travel retail sales have surged back into double-digit growth since the global economic crisis.
Diageo is expected to announce rising profits this week as increasing sales in emerging markets offset declines in Europe.
Treasury Wine Estates (TWE) remains confident that increasing demand for wine in Asia and Australasia will continue to offset declines in other markets.
Now the riots have subsided and the endless debates have begun, this week a more qualified brand of pessimism came to the fore.
A hostile bid by SABMiller for Foster’s throws up questions over the future of Treasury Wine Estates.
SABMiller has announced its intention to launch a hostile AU$9.5 billion takeover bid for Australian brewer Foster’s.
UK health secretary Andrew Lansley is to give the keynote address at next month’s annual WSTA Conference.
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