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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Whisky
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
The share of Americans who drink alcohol has fallen to the lowest level in nearly nine decades of polling, while wine is finding its strongest support among older consumers and women, according to a new Gallup survey. 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
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
Results for the 2026 financial year, released on Aug. 6, showed that organic net sales in Greater China fell 34.9% year on year. Sichuan Swellfun, Diageo’s principal baijiu asset in China, is also expected to report a loss for the first half of 2026. Read More
Diageo has become the latest international spirits giant to face regulatory action in India over product compliance, following similar scrutiny of Pernod Ricard in one of the world's largest alcohol markets. Read More
LVMH’s wines and spirits division returned to growth in the first half of 2026, as improving demand for Hennessy Cognac in China and strong sales of Cloudy Bay helped lift organic revenue by 5%. Read More
The potential payout would exceed a third of Pernod Ricard’s annual profit as it faces mounting legal and regulatory pressure in its largest market by volume. Read More