New Zealand: New Zealand Hops reports record harvest for 2020

New Zealand Hops has recorded a record harvest for the 2020 growing year, though has expressed concern about the likely impact of COVID-19 on sales, the Brews News reported. The co-operative ...
Gepubliceerd 24/04/2020 Meer

Thailand: CGS-CIMB Research downgrades ThaiBev to a ‘hold’ rating

CGS-CIMB Research has downgraded Thai Beverage (ThaiBev) to a “hold” rating with a lower target price of 70 cents from 90 cents previously, The Edge Singapore reported on April 20. This ...
Gepubliceerd 24/04/2020 Meer

Russia: Q1 beer production up 2.8%

Russia’s beer output in January-March amounted to 16.2 mln tonnes, Profibeer reported citing Rosstat data on April 24. As compared to the same period in 2019, the first-quarter beer production increased ...
Gepubliceerd 24/04/2020 Meer

World: Beer and cider industry forecast to see 5% yoy decline between 2019 and 2020

With the majority of bars and pubs worldwide still closed to consumers, beer manufactures have struggled to shift their sales back into retail to offset their losses and even big ...
Gepubliceerd 24/04/2020 Meer

India: Brewer B9 Beverages raises $20 mln in bridge financing

B9 Beverages, which owns and sells craft beer brand Bira 91, has raised $20 million (about Rs 153 crore) in bridge financing from two of its existing investors - Sequoia ...
Gepubliceerd 24/04/2020 Meer

Mexico: Alcohol sales rise by 63% during the first week of quarantine

The Covid-19 pandemic has taken its toll on a number of sectors of Mexico’s economy, but the alcohol industry did well earlier this month after being obliged to halt production ...
Gepubliceerd 24/04/2020 Meer

Canada: Total barley supply up 17% in 2019-20

For 2019-20, the total supply of barley in Canada increased by 17% from 2018-19 due to higher production despite historically low carry-in stocks, Agriculture and Agri-Food Canada said in their ...
Gepubliceerd 24/04/2020 Meer

USA, MI: Founders Brewing Co. furloughs 163 employees due to Covid-19

Founders Brewing Co. furloughed 163 employees as a consequence of the COVID-19 pandemic, the Grand Rapids Business Journal reported on April 23. According to a statement from the brewery, this decision ...
Gepubliceerd 24/04/2020 Meer

UK: Pubs could remain on lockdown until at least Christmas

Britain's pubs could remain on lockdown until at least Christmas thanks to the coronavirus pandemic in a "massive blow" to the trade, the Mirror reported on April 20. Cabinet Office minister ...
Gepubliceerd 20/04/2020 Meer

Australia: Alcohol sales down and big brewers step up to try and help venues

Overall alcohol sales and volumes are down between at least 10 and 30 per cent according to Alcohol Beverages Australia, as the big brewers step up to try and help ...
Gepubliceerd 20/04/2020 Meer