Supplier News
-
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
-
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
-
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
-
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
-
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.
-
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”
-
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.
-
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.
-
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
-
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
-
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
-
NewsCarlsberg Britvic: Soft drinks gain share of consumer spend
The newly integrated drinks group said soft drinks are outperforming beer in many European markets, with “real headroom for growth among younger consumers,” according to CEO Paul Davies
-
NewsBlack Box Intelligence acquires Yumpingo
Black Box seeks to elevate its AI-driven restaurant performance solutions through the acquisition of the guest experience management and survey platform
-
NewsCarlsberg: ‘There are no winners’ from tariffs
The Danish brewer is insulated from direct exposure to the levies but warned of the impact on already subdued consumer spending
-
NewsPetition for cask beer to be recognised with Unesco status
The petition, supported by Camra and a number of major breweries, calls for British cask ale to be recognised with Unesco’s ’intangible cultural heritage’ status
-
NewsTariffs hit £162m British beer exports
President Donald Trump’s 25% aluminium tariffs, which affect canned beer, are set to impact Britain’s brewing sector, which exports £126m of beer across the Atlantic
-
NewsDamm agrees distribution deal with Northern Monk
This strategic partnership will allow Northern Monk to tap into Damm’s extensive on-trade distribution, whilst enhancing the Damm portfolio with a leading UK craft brand
-
NewsDiageo GB names Barry O’Sullivan as new MD
O’Sullivan, the current MD of Diageo Ireland, will replace Nuno Teles, who will move to MD of Diageo Mexico
-
NewsYounger drinkers favour fruit-flavoured beer over bitter
Demand has risen by 250% in a year, driven by Gen Z seeking lighter, sweeter and lower-alcohol options, The Times reports
-
NewsDiageo must tackle ‘inadequate’ production of cash cow Guinness
Cheshire Cat Pubs & Bars owner Tim Bird warned publicans could turn their backs on the stout brand if it did not invest price rises into improved capacity