Jamaica: Maker of Red Stripe beer partially restores impaired asset values

Desnoes & Geddes Limited, D&G, the maker of Red Stripe beer, has written back a portion of the assets previously classified as impaired as the pandemic raged and alcohol markets ...
Published 22/02/2021 More

Japan: Craft beer industry battered by COVID-19 pandemic

The COVID-19 pandemic has battered Japan’s craft beer industry at a time when a number of small breweries were finding their niche, the Asahi Shimbun reported on February 19. With an ...
Published 22/02/2021 More

Hungary: Biggest brewers’ sales drop by 7.5% last year

Sales volume of Hungary's biggest brewers fell 7.5% to 6,177,000 hectolitres last year, although an increase in exports mitigated the decline, the head of the Hungarian Brewers Association (MSSZ) said, ...
Published 22/02/2021 More

Spain: Heineken to eliminate 106 jobs in Andalucian and Sevillan businesses

Heineken announced on February 19 that it will eliminate a total of 106 jobs in its Andalucían and Sevillan divisions as the struggling brewing company claims it will have to ...
Published 22/02/2021 More

Argentina & China: Argentina’s barley exports to China set to soar to a record this year

Argentina's barley exports to China are set to soar to a record 1 million tonnes in 2021, industry sources and sales data show, as Beijing looks beyond its traditional top ...
Published 22/02/2021 More

India: United Spirits to start strategic review of several of its mass-priced brands

United Spirits on February 23 said it is set to start a strategic review of several of its mass-priced brands, excluding the McDowell’s and Director’s Special trademarks, the Times of ...
Published 22/02/2021 More

South Africa: Beer Association of South Africa calls for tax relief

The Beer Association of South Africa (Basa) has called on finance minister Tito Mboweni to offer the industry some tax relief ahead of his budget speech on February 24, SowetanLIVE ...
Published 22/02/2021 More

India: Carlsberg finds evidence of potential unethical practices in breach of its group policies in the past

Carlsberg said it found evidence of potential unethical practices in breach of its group policies in India after an investigation conducted during 2019 and 2020, forcing them to strengthen their ...
Published 22/02/2021 More

UK: German and Belgian specialist brews in shortage as a result of Brexit red tape and Covid-19

UK beer importers are seeing shortages of specialist brews from Germany and Belgium as a result of Brexit red tape and Covid-19, the Daily Mail reported on February 22. The company ...
Published 22/02/2021 More

UK: Consumers angered by Stella Artois reducing amount of alcohol

Stella Artois has angered beer-loving Brits after it changed its recipe to reduce the amount of alcohol in its lagers, The Sun reported on February 19. Consumers say the beer now ...
Published 22/02/2021 More