Beverages – World News
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Rémy Cointreau launches Prestige division to lead Louis XIII Cognac and Champagne Telmont
Rémy Cointreau has created a new Prestige division led by Ludovic du Plessis to strengthen global development and brand visibility for its luxury brands.
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China Resources Beer forecasts up to 39% profit drop after Baijiu impairment charge
China Resources Beer expects a sharp profit decline in 2025 after a major impairment linked to its baijiu investment, highlighting weaker demand in China’s premium spirits market.
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IndoBevs to invest US$24M in new malt distillery in Uttar Pradesh to expand premium whisky production
IndoBevs plans a $24 million malt distillery in Uttar Pradesh as it expands premium whisky production capacity and strengthens its long-term strategy in India’s growing spirits market.
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Asahi Group reports 26% profit drop after cyberattack disrupts Japan operations
Asahi Group reports a 26% profit decline for the first nine months of 2025 following a cyberattack that disrupted operations in Japan and exposed more than 110,000 personal records.
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Karnataka to end alcohol price controls from April 2026, introduce strength-based excise system
Karnataka plans to remove alcohol price controls and introduce a strength-based excise duty system from April 2026, giving producers more pricing freedom in one of India’s largest liquor markets.