AlcoholicBeverages
Brewer AB InBev announced on Wednesday that its revenue grew by 2.6% in the first three months of the year, a result which fell in line with analysts' expectations. In terms of volume, AB InBev sold slightly more beer than anticipated, noting a decline of 0.6%. Revenue figures for the firm, which makes Stella Artois, Bud Light, and Corona beer, were boosted by sales of products such as spirits-based drinks in cans. The results are nonetheless historically low due to the lasting effects of a customer boycott. Last year, AB InBev sparked controversy when deciding to work with the transgender inf...
Euronews (English)
Wine and spirit distribution in Sweden has been disrupted after a logistics company was reportedly the victim of a ransomware attack. The company, Skanlog, works with Sweden’s alcohol retail monopoly Systembolaget and the incident has disrupted supplies. All alcoholic beverages risk being affected by the attack throughout the country, which means consumers may have a smaller selection to choose from for a short period, Systembolaget wrote in a press release. For customers who have ordered items impacted by the supply disruption, the orders are being cancelled. “It affects about 15% of our sale...
Euronews (English)
Since the pandemic, non-alcoholic options have been multiplying at bars and supermarkets around the world, as alcohol consumption dips among younger people. The choices seem endless – from mocktails featuring zero-proof spirits and alcohol-free beer that replicate the sensation of drinking their boozier counterparts, to entirely new non-alcoholic beverages that claim to enhance health. Worth over $13 billion (€12 billion) globally, according to IWSR Drinks Market Analysis, the low- and no-alcohol market is thriving. Its value has jumped $5 billion (€4.7 billion) since 2018. To court new consum...
Euronews (English)
British-Irish drinks giant Diageo is to raise its pint prices for the third time in just over a year. A rise of six cents in Ireland follows an initial rise of 12 cents in February 2023, with a further four cents added last July. The price hike, which will mainly affect the Guinness, Rockshore, Carlsberg and Hop House 13 brands, is mostly due to increasing input costs affecting all the company's businesses across Ireland. These costs have been rising even though inflation and energy prices have fallen over the past few months. In a letter to business customers, as reported by the Irish Examine...
Euronews (English)
The cocktail list reads like a who's who of left-wing politics which would surely please any die-hard enemies of capitalism. Take your pick from the Marcos Margarita, the Fidel Mojito, Ché daquiri, Mandela Zulu, Gramsci Negroni, Evita Martini, Pasionara Puerto de Valencia, First We Take Manhattan, Durruti Dry Martini and the Ludmila Vodka. This drinks list is the work of none other than Pablo Iglesias, the former leader of the Spanish far-left party Podemos, who has decided to turn away from politics to open a bar. But he could hardly leave is political roots behind; it is called La Taberna Ga...
Euronews (English)
Breast cancer is the most common cancer among women and alcohol consumption is a major risk factor for it. Yet there’s a lack of awareness about that risk, the World Health Organization (WHO)’s European office warned on International Women's Day. "It’s high time for everyone to acknowledge that alcohol is a major risk factor for breast cancer," said Dr Hans Kluge, WHO Regional Director for Europe. “International Women’s Day is a unique opportunity to remind ourselves of alcohol’s link, not just to breast cancer, but indeed all cancers”. Research shows that there is no “safe” amount of alcoholi...
Euronews (English)
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