News | Latest Breaking News Stories & Headlines

Pernod Ricard in restructuring plan as spirits sale drop

Pernod Ricard is streamlining its business by grouping brands into two main divisions, according to internal presentation slides seen by Reuters, as European spirits makers grapple with a downturn in sales.

Business • 19 Jun

Irish whiskey is among the three Irish spirts that have Geographic Indication protection

Spirits exports hit record amid recovery, inflation

The value of Irish spirits exports hit a record €1.455 billion last year, which represented growth of 17%.

Business • 11 Aug 23

C&C has implemented an average 20% salary cut across its workforce

C&C temporarily lays off about 70% of employees

Drinks group C&C has temporarily laid off about 70% of its employees due to the ongoing Covid-19 pandemic, but said its main production sites in Clonmel and Glasgow remain operational.

Business • 30 Apr 20

Drinks industry calls for reopening roadmap for sector

The drinks industry here has appealed to the Government to work with industries most impacted by the Covid-19 crisis to develop a joined-up roadmap for the reopening of the hospitality sector.

Business • 29 Apr 20

C&C said that Covid-19 will have 'a material impact' on the group's performance in the current financial year

C&C warns of 'material impact' on this year's trading

Drinks group C&C has said its supply chain and production network remains fully operational despite the spread of coronavirus.

Business • 20 Mar 20

Patricia Callan, member of DIGI and Director of ABFI; Tony Foley, DCU economist; Kathryn D'Arcy, member of DIGI and Director of Corporate Affairs at Heineken Ireland; Donall O'Keeffe, Secretary of DIGI and CEO of the LVA and Max Hayes, Commercial Director

Microbrewery revenues jump from €8m to €52m since 2012

The number of Irish breweries producing their own product has more than quadrupled since 2012, a new report from the Drinks Industry Group of Ireland (DIGI) shows.

Business • 25 Jun 18

PepsiCo said that about 45% of its net revenue now came from 'guilt-free' products

PepsiCo sales helped by demand for healthy choices

PepsiCo has reported better than expected quarterly net revenue and profit, helped by higher demand in North America for its lineup of beverages and snacks with fewer calories and more natural ingredients.

Business • 29 Sep 16

SABMiller was approached by Anheuser-Busch, the world's largest brewer, last month

SABMiller's second quarter volumes up 2%

SABMiller, the brewing giant in talks about a potential takeover by rival Anheuser-Busch InBev, today reported a 2% rise in second-quarter sales volumes.

Business • 06 Oct 15

Coca-Cola has struggled to adapt to an increasingly health-conscious market

Coca-Cola to cut up to 1,800 jobs worldwide

US soda giant Coca-Cola plans to cut up to 1,800 jobs in a cost-saving move, the company has said.

Business • 09 Jan 15

SABMiller said that gains in Latin America, Africa and Europe offset declines in Asia and North America

SABMiller reports higher first-half revenue

SABMiller, the world's second-biggest beer maker, today reported a 5% rise in revenue for the first half of its financial year.

Business • 14 Oct 14

C&C Gleeson's Commercial Director Stephen Meleady says

C&C integration with Gleeson Group now complete

Drinks group C&C has confirmed the acquisition and integration into its business of the Gleeson Group, one of the country's biggest beverage wholesalers.

Business • 02 Sep 14