Kweichow Moutai former chairman sentenced to life in prison
The former chairman of baijiu giant Kweichow Moutai has been sentenced to life in prison for taking 112.9 million yuan ($17.5 million) in bribes.
The Rise of DTC Sales
The Covid-19 pandemic has inspired drinks producers across the world to significantly ramp up their focus on direct-to-consumer (DTC) sales.
ZX Ventures: Tracking tastes in innovation
A direct-to-consumer site allowed AB InBev’s global investment and innovation group to continue gathering vital consumer feedback during the Covid-19 pandemic.
AB InBev surpasses pre-pandemic sales
AB InBev increased volume sales by 20.8% in Q2 as bars around the world started to welcome thirsty customers back into the fold.
International Spirits Challenge 2021 results for liqueurs, Asian spirits, premixed drinks and spirits tourism
Dutch liqueur producer De Kuyper Royal Distillers earned an impressive haul of two double gold medals and three golds at the International Spirits Challenge 2021.
Stella Artois to auction off NFTs of virtual racehorses
Lager brand Stella Artois is auctioning off NFTs of virtual racehorses on the Ethereum blockchain.
AB InBev has announced that North America president Michel Doukeris will succeed veteran leader Carlos Brito as chief executive this summer.
Master of Malt moves into own-label spirits
Online retailer Master of Malt has unveiled its first own-label spirits range comprising a gin, vodka, rum and blended Scotch.
AB InBev reports sales increase in Q3
AB InBev reported a 4% revenue increase in Q3 after enjoying surging sales in Brazil, Mexico and the United States.
AB InBev launches scholarship to help black students become brewers
AB InBev will spend $200,000 annually over a five year commitment to help black students qualify for careers in brewing.
Carlsberg suspends share buyback as profits dwindle
Danish brewer Carlsberg expects to report an organic operating decline of 10% to 15% this year as a result of on-trade closures.
AB InBev claims top spot in the UK sales chart
AB InBev has become the UK’s number one brewer by volume sales since the start of 2020.
AB Inbev rolls out Hoppy app for consumer downloads
AB Inbev has turned to gamification in a bid to whip up a passion for beer among younger generations of drinkers.
AB Inbev reports 32% sales decline in April
AB Inbev has warned that Q2 trading will be “materially worse” than the previous three months due to brewery closures and supply chain disruption.
AB Inbev slashes dividend in half
AB Inbev has slashed its proposed dividend in half due to the uncertainty, volatility and continued impact of the COVID-19 pandemic.
A new initiative promises to transform shuttered British bars into click and collect food stores during the coronavirus crisis.
AB Inbev has drawn down the entirety of a $9bn loan facility from global banks as it bids to ride out the coronavirus outbreak.
Altia post 7.6% net sales growth
Altia, the wine and spirits group that focuses on the Nordic countries, has announced a 7.6% net sales increase to €524.8 million for the year January to December 2011.
Latest Budweiser trademark dispute resolved
UK: AB InBev and Budějovický Budvar can continue to use the Budweiser name simultaneously.
Budweiser to partner The FA Cup
Budweiser has signed a three-year agreement with The Football Association to become the ‘lead partner’ of The FA Cup.
Asia-Pacific and Latin America spur AB InBev growth
AB InBev’s buoyant Asia-Pacific and Latin America markets have offset negative growth in North America and Europe, to spur overall revenue growth.
AB InBev launches Stella cider
UK: AB InBev has launched a cider under the Stella Artois name. Stella Artois Cidre will be available from easter 2011 in 568ml bottles and 440ml cans and the company suggests serving the product over ice.
JF Hillebrand acquires Lagena Distribution
Logistics company JF Hillebrand has acquired Lagena Distribution, the Stockholm-based distributors.
European court rejects AB InBev’s bid for Community Trade Mark
An attempt by AB InBev to register the Budweiser trademark as a Community Trade Mark within the EU has been rejected by the European Court of Justice.
Mexico/US: Arbitrators settle AB InBev/Modelo row
An arbitration panel has said that the combination of Anheuser-Busch and InBev did not violate the investment agreement between Anheuser-Busch and Mexican drinks giant Grupo Modelo.
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Comment
Bar food's blurred lines
Once upon a time pubs and bars were somewhere you went with the sole purpose of getting pissed and there wasn’t a knife and fork in sight, just a packet of dry roasted nuts.
