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BEER SALES INCREASE
United Breweries Q2 Results: Profit jumps nearly 3 times to Rs 134 crore on volume growth, premiumisationUnited Breweries Ltd experienced a nearly three-fold increase in net profit for the September quarter. The company's revenue from operation...- In US swing districts, high prices dominate minds but not always ballotsAmerican consumers express significant concerns over rising living costs impacting their daily shopping habits. Many voters remain loyal to...
- Diet Coke, beer makers get 6-month breather as govt extends aluminium can certification deadlineThe government has extended the deadline for quality certification of aluminium beverage cans to April 2027. The extension provides manufac...
- Heineken document reveals worries over weight-loss drugs and beer salesHeineken has warned UK pubs about the increasing impact of weight-loss drugs on beer sales. These medications may reduce consumers' desire ...
- Gold price surge boosts diamond jewellery sales 15-20%With gold jewellery turning increasingly pricier, consumers are looking at diamond-studded pieces in the Rs 10,000-Rs 1 lakh price bracket....
- De Beers to open 100 Forevermark stores in India by 2030De Beers aims to establish 100 Forevermark stores across India by 2030 to capitalize on the growing demand. Current demand for diamonds is ...
- After flat Indian-Made Liquor sales in April-Sep period, industry body warns Karnataka of harm to revenueThe Confederation of Indian Alcoholic Beverage Companies opposes Karnataka's increased taxation on Indian-Made Liquor. Recent data shows st...
- In 2021, Dwayne Johnson co-founded ZOA Energy; by 2024, Molson Coors had spent $53 million to raise its stake to 51%Dwayne Johnson's ZOA Energy was recently acquired by Molson Coors Beverage Company, giving them majority control of the brand. This strateg...
- Mid-sized restaurants hungry for funds as investors stay awayMid-sized organized restaurant chains face financing challenges. Investors are being more cautious, focusing on sustainable profits and uni...
- Karnataka liquor volumes flat in H1 as beer gets three cheersKarnataka observed significant growth in beer sales, rising by 41% in the first half of the fiscal year. Indian-made liquor sales, however,...
- Indian brands dominate Delhi’s liquor sales: Nearly 18.61 crore bottles sold in two years; imported booze trails far behindDelhi liquor shops sold nearly 18.61 crore bottles across categories in the last two financial years, with Indian Made Foreign Liquor (IMFL...
- India’s big upgrade wave: Rs 1 crore+ homes, premium cars, Swiss watches & pricier phonesPremiumisation trend is spreading beyond affluent urban consumers, with households upgrading across homes, cars, travel, smartphones, appli...
- Beer gets its buzz going as spirits market sobers upState-level tax increases hurt demand for spirits, with growth at only 2%; beer volumes jump 17%, led by Maharashtra and Karnataka.
- Stock picks of the week: 5 stocks with consistent score improvement and upside potential of up to 24%US bond yields remain elevated, suggesting that the debt market expects inflation to move up. Now, if the risk-free returns indicated by th...
- UBL’s Delhi beer business crosses Rs 250 crore run rate after distribution shiftUnited Breweries' beer business in Delhi has exceeded a revenue run rate of Rs 250 crore, helped by an operational shift to Adie Broswon Di...
- In 1849, Schlitz started as a Milwaukee beer; 177 years later, Chicago’s supply ran dry, ending the brand’s local presence while preserving its unusual place in Midwestern brewing historySchlitz beer has poured its last barrel in Chicago after 177 years. The iconic Midwestern beer is now on hiatus as rising production and sh...
- Beer sales rise 10% in Delhi this May as popular brands regain shelf spaceBeer sales in May surged by nearly 10% year-on-year in Delhi, fueled by the return of popular national brands to retail shelves. These nati...
- Tipplers swap shots for pints as states shake up liquor lawsTipplers in Assam, Uttar Pradesh, Maharashtra, West Bengal, and Meghalaya are choosing beer over hard spirits. This shift follows changes i...
- Beer sales in Karnataka contracting due to high taxes, bringing down tax revenues in state: BAIThe beer industry has urged Karnataka to halt frequent tax hikes, as recent increases have stalled beer sales and risk investments of over ...
- Beer in Karnataka may get costlier from next month. Check all details hereThe Congress government plans to increase duty on beer by 10 percentage points to boost demand for Indian-Made liquor, which is a significa...
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