Diageo Korea has offered voluntary redundancies to its entire workforce as the decline of South Korea’s once-pervasive after-work drinking culture weakens demand for whisky and other traditional alcoholic drinks. Read More
Beer
Lotte Chilsung's alcohol business generated first-half sales of US$280 million, up 1.9% in H1 2026. Operating profit increased 34.5% to US$16.6 million. Read More
India is ramping up regulatory checks on authenticity and labelling of alcoholic products. Read More
China has moved to regulate alcohol-free wine and beer alongside conventional alcoholic beverages, tightening controls on sales to minors in its first comprehensive update on the country’s drinks regulation in 21 years following the fast rise of e-commerce and instant retail. Read More
The World Cup is usually a goldmine for drinks companies. Not this time. Chinese merchants say midnight kick-offs have killed the tournament's biggest sales opportunity. Read More
Smaller celebrations, tighter budgets and changing attitudes are reshaping one of the drinks industry's most dependable sales channels. Read More
Global drinks giant Diageo is preparing for a sweeping round of job cuts as newly appointed chief executive Sir Dave Lewis accelerates a restructuring aimed at reviving growth after several years of weakening spirits demand. Read More
China has officially named its 80 biggest drinks chains for the first time. The leader runs more than 3,500 stores; the gap to No. 80 is over 350-fold. Read More
The global alcohol market contracted for a third consecutive year in 2025 and for the first time spirits overtook wine in volume. Read More
WSET says the redesign reflects a more global, digital-first future but critics argue it has stripped away the prestige and heritage that once defined the qualification. Read More