Varun Beverages, one of India’s largest beverage companies and a major PepsiCo bottler, will establish an RTD subsidiary led by former Diageo executive.
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Companies
According to results released on Aug. 27, Pernod Ricard generated net sales of €9.404 billion in fiscal 2026. On an organic basis, excluding currency movements, acquisitions and disposals, sales declined 3.9%. Read More
The Chinese brewing giant has struck a long-term partnership with Ireland’s Great Northern Distillery, giving it an immediate route into imported whisky while laying the groundwork for something more ambitious - its own whisky distillery in China. Read More
Nearly 44% of Moutai’s revenue now comes through iMoutai, even as profit declines and distributors report sluggish demand for Feitian. Read More
Wajiu secures exclusive rights to three Penfolds wines, including two French labels, as TWE looks beyond its established bestsellers for new growth. Read More
French spirits group Rémy Cointreau has appointed Monika Alcobev Limited as its exclusive distributor and marketing partner across India. Read More
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
The Australian wine group cut customer inventories in China by 200,000 cases, but distributors offered a more cautious assessment of underlying demand.
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Strong sales in Japan and India helped Suntory’s alcohol revenue return to growth, but weakening US demand, distributor destocking and rising supply-chain costs dealt a sharp blow to profits. Read More
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