Shares in Olvi tumbled today (13 October) after the Finnish drinks company issued a profit warning. In a stock exchange filing, the company said the new guidance was driven by “weaker-than-expected” ...

Strike action at a Diageo site in Scotland has been shelved ahead of talks between the spirits giant and union officials. Staff at Diageo’s Cameronbridge distillery started their action last month ...

Pernod Ricard is launching higher-abv RTDs under its Malibu brand in the UK and North America. The company has rolled out the 10% abv Malibu Punch cocktails in the UK and said the drinks will go on ...

When PepsiCo agreed to acquire Poppi last year, it offered to pay an additional $300m if “certain performance milestones” are achieved by the third quarter of 2027.

On an earnings call, LVMH executive Rodolphe Ozun said its “key Champagne brands all contributed to growth” in the third quarter.

The move for SpikedAde is perhaps Constellation’s most notable acquisition for around a decade.

Treasury Wine Estates is offloading the Rosemount wine label back to its founding family in its ongoing push to focus on fewer brands. In a statement today (12 October), the Australian wine giant ...

Credit: GYAN PRATIM RAICHOUDHURY / Shutterstock.com. Carlsberg has reportedly been ordered by environmental authorities to close its brewery in the north-western Indian state of Rajasthan over ...

A group of German state ministers have hit out at the federal government to plans to implement a tax on sugary drinks. The joint letter, which was viewed by the two publications but not by Just Drinks ...

Oddbird said it has raised "above $1m" to help it push into more states in the US, which is the fledgling company's largest market.