Diageo names John O’Keeffe as North America CEO as the company seeks to revive sales and strengthen its position in its largest market.
US spirits exports decline in 2025 as trade disputes disrupt Canada and EU markets, while growth in emerging destinations partially offsets losses.
Pernod Ricard exits key U.S. wine assets, selling Mumm Napa and Kenwood to Trinchero and Korbel to sharpen focus on premium spirits and champagne growth.
Keurig Dr Pepper has acquired a majority stake in JDE Peet’s, paving the way for a standalone global coffee business and future corporate separation.
Nestlé introduces Buxton Peak functional drinks in the UK, combining natural flavours with vitamins and minerals to meet growing demand for wellness-focused beverages.