Companies C&C expects profit to be ‘in line with expectations’ amid ‘challenging’ conditionsTrading over the key Christmas period was “resilient”
Design Take Three: Design-led hotel barsThe humble hotel bar has levelled up, with major investments in design and theme paying dividends. We select three of the most impressive Irish hotel watering holes
Companies C&C Group names Andrew Andrea as chief financial officerMove will see Patrick McMahon, who is serving as group chief executive and CFO, continue in his capacity as CEO
Markets Diageo may ditch Harp in bid to fine-tune its spirits strategyThe drinks giant’s new chief executive Debra Crew could find that disposing of the lager and its other beer brands poses a challenge as fizz goes out of sales
Drinks Cocktail class: try these sophisticated shake-ups over the silly season Hawksmoor restaurants are famous not only for their delicious steak, but also for their creative menu of drinks and cocktails. Here’s your chance to recreate some of them at home
Russia ‘Disgraceful’: Carlsberg criticises Russian takeover as two former executives detainedRussian investigators have asked for the arrest of Denis Sherstennikov and Anton Rogachevsky on suspicion of fraud
Stock Take Diageo shares drop 14% on weak growth forecasts for 2024Drinks giant predicts 20 per cent decline in sales in Latin America and Caribbean markets due to macroeconomic factors
business BrewDog founder sinks teeth into Guinness’s ‘250-year monopoly’James Watt claims his stout, Black Heart, is achieving sales of over 50 per cent of its giant rival and aims to go head-to-head against the global brand in pubs
Companies C&C forecasts weaker sales and profits as cost of living pressures hit branded salesThe Irish drinks company, which owns the Bulmers cider brand, said the poor summer weather and cost of living pressures in Britain had hurt sales over recent months
Companies Ballygowan-owner Britvic pumps €6m into Limerick facilityMove will create 28 new jobs at Newcastle West site
Jobs Monster Energy producer to double Irish workforce in expansion of Athy facility‘Major investment’ from American Fruit and Flavours Ireland will see headcount at Kildare facility increase from 48 to 100
Hospitality Drinks industry calls for reduction in excise tax as 450 pubs close since Covid-19 Almost 2,000 pubs have closed their doors since 2005, with rural areas most affected
Drinks Publicans to take Diageo price hikes ‘on the chin’ as pints go up by 4 centOne Dublin pub-owner told the Business Post that pints are not the only prices increases pubs have had to contend with, with Diageo raising the price of its spirits brands three times in the last year
Exports Exports of Irish spirits hit record level of €1.45bn in 2022 The United States remained the top destination for exports
Investing Bacardi executives take majority on Teeling’s Whiskey board The Business Post has previously reported that Bacardi was aiming to buy a controlling stake in the Dublin spirits brand
Companies Operating profit declines 22 per cent at HeinekenHeineken increased the impairment for its Russian business to €201 million
Results Revenues up almost 10 per cent at Ballygowan-owner BritvicThe business had revenues of over €540 million for the three months to June
Food and Drink Irish bar in San Francisco takes direct approach to targeting Irish touristsCasement’s Bar is engaging in bar takeovers in Ireland over the course of July
Drinks Guinness-owner Diageo raises price of pint by 4 cent in second hike this yearThe move, which will take effect in August, will affect firm’s entire draught beer portfolio, including Guinness, Carlsberg, Smithwicks, Harp, Rockshore and Hop House 13
Companies Bulmers-owner sees revenue on branded drinks increaseSales revenue of the company’s core brands, principally Tennent’s and Bulmers were up 9 per cent