Budweiser owner AB InBev has announced its second-quarter sales volumes, which saw a drop due to weak demand in Brazil and China, resulting in a 1.9% decline in global volumes.

Meridian Biotech has partnered with Buffalo Trace Distillery to convert the distillery’s byproduct into multifunctional alternative proteins.

Suntory Global Spirits is opening up its single barrel programme to private consumers, with the introduction of the Beam Private Barrel Club.

Stoli Group has filed for bankruptcy in the US largely due to a two-month-long cyber attack that impacted operations in the States.

Diageo has introduced a new global division to combine ‘luxury assets’ into one portfolio including brands such as Brora and Port Ellen.

African Originals, the beverage company behind brands such as Kenyan Originals, African Originals and 5.8 has raised USD$2m in a funding round led by Phoenix Beverages Limited, Mauritius' largest beverage company. 

Pernod Ricard saw organic net sales rise 10% in fiscal 2023, driven by strong growth across all spirits categories, alongside broad-based growth across all regions.

Pernod Ricard sales for H1 FY21 have shown an organic decline of -3.9% on the previous year largely due to the ongoing struggles of travel retail.

The tequila industry enjoyed record levels of production and exports in 2020, according to the Consejo Regulador del Tequila (CRT).

Diageo has launched a cinnamon spiced vodka in travel retail.