USA, TN: Jackalope Brewing Co. not to reopen its original location in Nashville

One of Nashville’s most popular breweries won’t be reopening one of its locations due to the pandemic, the Nashville Business Journal reported on February 16. Jackalope Brewing Co. CEO and founder ...
Publicat 18/02/2021 Mai mult

World: Beam Suntory reports flat results for 2020

Maker’s Mark owner Beam Suntory reported stagnant net sales for 2020, despite Jim Beam surpassing 11 million cases for the first time, The Spirits Business reported on February 15. Beam Suntory, ...
Publicat 14/02/2021 Mai mult

EU: Severe cold unlikely to have inflicted significant damage on crops

Severe cold across Europe in the past week is unlikely to have inflicted significant damage on wheat crops that had built up winter sturdiness and were often insulated by snow, ...
Publicat 14/02/2021 Mai mult

Thailand & Singapore: Analysts divided on recommendations following ThaiBev’s mixed results for Q1

Analysts are divided on their recommendation for Thai Beverage (ThaiBev) following the beverage manufacturer’s mixed set of results for 1QFY2021 ended Dec 31 and the IPO plan of its beer ...
Publicat 14/02/2021 Mai mult

The Philippines: Tax court denies San Miguel Corp. refund of P3.8 mln excise taxes paid in 2015

The Court of Tax Appeals (CTA) thumbed down the appeal of San Miguel Corp. (SMC) for a review of the court’s decision to deny the company’s claim for a refund ...
Publicat 14/02/2021 Mai mult

South Korea: HiteJinro sees operating profit fall 27% y-y in 4Q20

HiteJinro’s consolidated operating profit fell 27% y-y in 4Q20, missing consensus. Its soju and beer sales declined amid stricter social distancing measures, and profitability was dampened by the booking of ...
Publicat 14/02/2021 Mai mult

Japan: All four leading brewers report y-o-y falls in consolidated sales last year

All four major Japanese brewers have reported year-on-year falls in consolidated sales in the business year to December 2020, reflecting sluggish demand from business customers both at home and abroad ...
Publicat 14/02/2021 Mai mult

Japan: Asahi reports 3% revenue decrease for 2020

Asahi has reported a 3% revenue decrease, its full-year 2020 results showed, Checkout.ie reported on February 15. The Japanese beverage group said its core operating profit fell by 21% year on ...
Publicat 14/02/2021 Mai mult

UK: United Malt Group’s Baird’s Malt division to close one of its five malting plants in the UK

Australian-based maltster United Malt Group will close one of its five operations in the UK at Grantham, consolidating production at a second malt house in England at Witham and Arbroath ...
Publicat 14/02/2021 Mai mult

Japan: Japan Spirits & Liqueurs Makers Association announces sweeping new regulations for Japanese whisky

The Japan Spirits & Liqueurs Makers Association has announced a sweeping new set of industry-wide regulations aimed at curbing the spread of products labelled as ‘Japanese whisky’ that are sometimes ...
Publicat 14/02/2021 Mai mult