Supplier News – Page 11
-
NewsCoronavirus dents AB InBev profits
AB InBev, the world’s largest brewer, has forecast the steepest decline in quarterly profit in at least five years due to the coronavirus.
-
NewsDom Walsh on Heineken succession stories
The retirement of Jean-François van Boxmeer as chief executive of Heineken looked like a carefully managed process, as you would expect of the brewer of the lager that refreshes the parts other beers cannot reach. The succession appears to have come down to two long-serving senior executives of the Dutch brewing group and whoever missed out was inevitably not going to be hanging around for long.
-
NewsHeineken toasts best sales for a decade
Heineken has reported volume sales were up 8.3% last year, its best performance in over ten years. It added net revenue was up 5.6%, with net profits up 4.3%. Chairman and CEO Jean-François van Boxmeer, who announced he would be leaving Heineken on 1 June yesterday, said in 2019 the business had delivered “another year of superior top-line growth, with continued strong performance in the second half.
-
NewsThe 2020s – when sustainability and health & wellbeing come of age
David Read, Prestige Purchasing’s Chairman looks forward to the decade ahead, and the key trends that will impact food and drink supply chain
-
NewsFoodservice prices on course for stabilisation
Eight out of ten food and drink categories saw a month-on-month price drop, in September 2019, according to the latest edition of the CGA Prestige Foodservice Price Index, suggesting they may be stabilising after three years of steady inflation.
-
NewsChapel Down announces ‘exceptional’ 2019 harvest
Chapel Down has announced the completion of the 2019 harvest, its second largest by volume yielding equivalent to 92% of 2018’s record.
-
NewsC&C sees strong brand performance in H1
Premium drinks manufacturer and supplier C&C Group has achieved net revenue growth of 13.5% over the six months to 31 August 2019, to €874.9m.
-
NewsDouble digit growth for Heineken in the UK
Heineken N.V.’s beer volumes saw double digit growth, boosted by UK sales, according to a Q3 2019 trading update.
-
NewsFormer Diageo CEO joins Brockmans
Former Diageo CEO Paul Walsh has taken a stake in super-premium gin maker Brockmans.
-
NewsLow 2 No Bev event launched
A new trade show designed to support the growth of the low and no beverage sector has been launched by William Reed, publisher of MCA.
-
NewsChapel Down loses £1.7m amid investment drive
Chapel Down Group has reported year on year combined sales up 21% to £6.744m, for the six months to 30 June.
-
NewsAG Barr sees revenue decline in ‘disappointing’ first half
AG Barr has seen revenue for the six months to 27 July 2019 decline from £136.9m in H1 last year, to £122.5m, following what it described as an “unprecedented year” for the soft drinks industry in 2018.
-
NewsFood and drink prices levelling after months of rises
Recent spikes in the price of food and drink levelled off in July, despite inflation remaining at twice the rate of a year ago, according to the CGA Prestige Foodservice Price Index.
-
NewsMark out of ten - What’s Yo! name?
This week started with a banger of a PR stunt as I flicked through Twitter before I even put my specs on. Yo! (the artist formerly known as Yo! Sushi) has finally had enough of being pigeonholed by the nation as just a sushi chain and have changed their name ...
-
NewsBBPA signs MoU on calorie and ingredient labelling
The British Beer & Pub Association (BBPA) has signed a memorandum of understanding (MoU) committing to encourage its members to label ingredients and calories on their beer bottles and cans in the EU by 2022.
-
NewsGove admits likelihood of food price rises
Michael Gove has admitted that there is the potential for food price rises in the event of a no deal Brexit, The Times has reported.
-
NewsStar Pubs introduces own label and ethical wine ranges
Star Pubs & Bars has introduced its own Italian and ethical wine ranges as part of a large-scale range review.
-
NewsCDG signs up to poultry welfare commitment
Casual Dining Group (CDG) has signed up to the European Chicken Commitment, following in the footsteps of KFC UK & Ireland.
-
NewsPrice of soft drinks on the up as index reaches new high
Inflation seen across mineral Water, soft drinks and juice has pushed the CGA Prestige Foodservice Price Index to its highest level for the non-alcoholic beverage categories – up 21.6% year-on-year in June 2019.
-
NewsDiageo acquires majority stake in Seedlip
The increasing popularity of non-alcoholic cocktails has prompted Diageo to acquire a significant majority shareholding in Seedlip.