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Beverages – LATEST NEWS
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United Spirits posts 24.7% profit growth in Q3 FY26 as premium brands lift margins despite policy headwinds
Diageo India reports strong Q3 profit growth driven by premiumisation, even as regulatory pressures weigh on mass-market spirits.
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Trump threatens 200% tariff on French wine and champagne
US tariff threats could hit billions in French wine and champagne exports as geopolitical tensions spill into global alcohol trade.
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International Breweries appoints Nicholas Kade as Managing Director as Carlos Coutino exits
AB InBev’s Nigerian unit names Nicholas Kade Managing Director following Carlos Coutino’s transition to a new leadership role.
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Allied Blenders and Distillers to acquire Moradabad distillery assets for US$7.7M
ABDL plans Moradabad acquisition to boost bottling capacity and strengthen backward integration in India’s key liquor market.
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Meta restricts Facebook recommendations for alcohol-related businesses, slashing reach and visibility
Alcohol-related businesses report sudden Facebook algorithm restrictions, with Meta citing possible Community Standards issues.