Supplier News
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NewsPret to contribute compensation over Celia Marsh allergy death
The mother of five died in 2017 after eating a Super-Veg Rainbow Flatbread that had been labelled as a vegan product, but was later found to contain traces of dairy
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NewsDiageo gears up to open London’s Guinness Open Gate Brewery
The £73m, 54,000ft space opens in Covent Garden tomorrow, encompassing a microbrewery - albeit the Guinness will continue to be brewed in Dublin
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NewsKeystone Brewing Group: ‘We’re still brewing. We’re still here’
The Breal-backed brewery, which has consolidating a number of distressed craft beer brands, has filed a notice of intention to appoint administrators (NOI)
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NewsBeef prices rise by record 27.4%
In the UK, farmers have faced higher feed costs rising wage bills and higher energy prices following the war in Ukraine, with the number of cattle farms dropping by 8.5% since 2020
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NewsPlant-based products may no longer be able to use ‘meaty’ labels under EU law
Vegetarian and vegan ‘burgers’ or ‘sausages’ may have to relabelled in the UK as a result of the country’s new trade agreement with the EU
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NewsBritvic acquisition delivers strong growth for Carlsberg despite difficult market
The Danish brewer reported volume growth of 16.2%, and organic volume development -3.0% in its Q3 results
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NewsAB InBev launches $6bn buyback despite volume decline
The owner of Budweiser and Stella Artois was expected to kick off a $2bn buyback over the next 12 months, although some analysts did forecast a larger outlay in light of its falling debt pile
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NewsSteakhouses see price of beef surge
Prices for deadweight cattle in the UK have climbed 27% year-on-year in September, amid cattle shortages and consumer demand for protein, the Financial Times reports
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NewsAsahi UK looks to grow market share by leaning into premiumisation
Sales director Dhati Holohan shares how the drinks supplier is growing market share and value despite overall beer volumes falling, as it opens The Dial – Home of Meantime at Greenwich Peninsula
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NewsMel Mariott joins Prestige Purchasing leadership team
The founder of Darwin & Wallace, which was acquired by Portobello Pub Co last year, has been appointed commercial director at Prestige
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NewsStrong H1 for Deliveroo
Gross transaction value (GTV) as well as revenue was up 9%, with orders up 8% for the period ended 30 June
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NewsDiageo’s profits tumble after rocky year
The maker of Guinness and Smirnoff said operating profits fell 27.8% to $4.3bn, due to “exceptional impairment and restructuring costs” and a decline in profit margin
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NewsWorld’s thirst for matcha dries up global supplies
Surging demand, combined with smaller tea crops due to heatwaves and US tariffs on Japan, is also pushing up matcha prices
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NewsDiageo CEO Debra Crew departs
The drinks group has begun a formal search for a replacement, with CFO Nik Jhangiani assuming the CEO role on an interim basis.
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NewsJeremy Clarkson seeks ‘total domination’ of the lager market
The Hawkstone Brewery backer, which has tripled revemnues to £21.3m this year, said he wants to “put Personi out of business”
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NewsChanging drinking habits fuelling NPD in ready-to-drink options
Gen Z aren’t necessarily less interested in alcohol than older generations, they just have different demands and drinking habits, according to Diageo.
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NewsPlanned protests at KFC drive-thrus this summer
The fast food chain is bracing for a series of protests from animal rights activists The Humane League UK, in response to the its sourcing of fast-growing chicken breeds.
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NewsRichard Caring apologises for Ivy’s demand for supplier discount
The restauranteur said the letter, which stated a “mandatory” 2.5% discount on invoices, was “totally incorrect” and had not been approved
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NewsDrinks groups mount fightback as alcohol faces ‘tobacco moment’
Beer, wine and spirits companies are debating how best to counter public health groundswell against drinking, reports the FT
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NewsDiageo considers ‘substantial’ changes to portfolio
The Guinness owner revealed it is weighing up the possibility of brand disposals to generate additional funds, while the current tariff regime is expected to cost the company $150m