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Top industry news
14746 articles
Japan: Sapporo to refocus on beer business as activist raises stake
Sapporo Holdings, the Japanese brewer, pressured by activist investors to sell its property holdings, wants to announce its business portfolio reorganisation "as soon as possible", the company's president was quoted . . .
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19 February, 2024
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Japan: Asahi hopes massive group restructure will enhance advantages across four key markets
Japanese beer giant Asahi is hopeful that its recently-completed large-scale group restructuring strategy to establish individual regional headquarters will maximise its competitive advantages across its four major markets, FoodNavigator-Asia.com reported . . .
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19 February, 2024
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Nigeria: Heineken’s Nigerian unit facing the worst downturn in the history of its operations
Heineken NV’s Nigerian unit is facing the worst downturn in the history of its operations in Africa’s most populous nation, the firm’s chief executive officer said in an investor call . . .
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19 February, 2024
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World: Barley production forecast trimmed to 53.1 mln tonnes for this year
Consultancy Strategie Grains has trimmed its forecast for 2024 soft wheat production in the European Union, with output still expected to be down 2.5% from last year after a rain-disrupted . . .
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17 February, 2024
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Brazil: Brazil’s malt producer Malteria Blumenau to cease production
Malteria Blumenau, Brazil’s first micromalting plant, to stop operations as it lacks capacity to compete on the nation’s market, Catalisi.com reported on February 15.
Inaugurated in January 2015, the company has . . .
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17 February, 2024
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Japan: All four major beer makers report growth in sales and net profits last year
All four major Japanese beer makers logged year-on-year growth in their group sales and net profits in 2023, thanks to price hikes at home and strong performances abroad amid the . . .
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17 February, 2024
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World: Scotch whisky exports surge in 2023 with China leading the way in growth
In 2023, Scotch Whisky exports surged to £5.6 billion, with China leading the way in growth at 165%. This success is attributed to the evolving preferences of consumers and the . . .
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16 February, 2024
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Australia: Beer category falls hardest in the year to September 2023 as more Autralians turn to RTD products, research shows
Australia’s population is drinking in higher numbers and more people are favouring ready-to-drink (RTD) products as RTD consumption doubles.
In the year ending September 2023, roughly 14 million Australians of the . . .
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15 February, 2024
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World: Heineken reports 1.7% rise in organic operating profit surpassing analysts’ expectations
Dutch brewer Heineken has forecast low- to high-single digit percentage growth in operating profit in 2024, citing volatility in geopolitics and economic conditions, which could deliver a result below market . . .
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14 February, 2024
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USA: US Beer Wholesalers January data paints uninspiring early start to 2024
The January 2024 data from the US Beer Wholesalers paints a rather uninspiring early start to 2024, with the overall Index remaining below the growth level of 50 (although the . . .
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14 February, 2024
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