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Publication date: «24.04.2020». 11 articles
UK: Beer sales slump by 82% since outbreak of coronavirus crisis
UK beer sales have slumped by a staggering 82 per cent since the outbreak of the coronavirus crisis, research among small independent breweries has found.
The Society of Independent Brewers (SIBA) . . .
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24 April, 2020
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Mexico: Alcohol sales rise by 63% during the first week of quarantine
The Covid-19 pandemic has taken its toll on a number of sectors of Mexico’s economy, but the alcohol industry did well earlier this month after being obliged to halt production . . .
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24 April, 2020
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India: Brewer B9 Beverages raises $20 mln in bridge financing
B9 Beverages, which owns and sells craft beer brand Bira 91, has raised $20 million (about Rs 153 crore) in bridge financing from two of its existing investors - Sequoia . . .
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24 April, 2020
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World: Beer and cider industry forecast to see 5% yoy decline between 2019 and 2020
With the majority of bars and pubs worldwide still closed to consumers, beer manufactures have struggled to shift their sales back into retail to offset their losses and even big . . .
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24 April, 2020
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Russia: Q1 beer production up 2.8%
Russia’s beer output in January-March amounted to 16.2 mln tonnes, Profibeer reported citing Rosstat data on April 24.
As compared to the same period in 2019, the first-quarter beer production increased . . .
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24 April, 2020
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Thailand: CGS-CIMB Research downgrades ThaiBev to a ‘hold’ rating
CGS-CIMB Research has downgraded Thai Beverage (ThaiBev) to a “hold” rating with a lower target price of 70 cents from 90 cents previously, The Edge Singapore reported on April 20.
This . . .
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24 April, 2020
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New Zealand: New Zealand Hops reports record harvest for 2020
New Zealand Hops has recorded a record harvest for the 2020 growing year, though has expressed concern about the likely impact of COVID-19 on sales, the Brews News reported.
The co-operative . . .
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24 April, 2020
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Romania: Romania’s wheat, barley, rape crops could halve this year
The prolonged and acute drought has compromised about half of Romania's grain crops, agriculture minister Adrian Oros estimates.
Some three million hectares sown with wheat, barley, rape, rye have been affected, . . .
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24 April, 2020
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UK: 2020/21 still likely to be another barley surplus year
While the malting barley premium has come under a large amount of pressure as the demand impact from pub and food service closures is felt, feed barley markets have felt . . .
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24 April, 2020
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USA, MI: Founders Brewing Co. furloughs 163 employees due to Covid-19
Founders Brewing Co. furloughed 163 employees as a consequence of the COVID-19 pandemic, the Grand Rapids Business Journal reported on April 23.
According to a statement from the brewery, this decision . . .
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24 April, 2020
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