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DIP IN BEER SALES
Hit by unusual rains, Heineken's India volume declines in July-SeptemberHeineken NV faced a notable challenge this September quarter with a mid-single-digit downturn in beer volumes sold in India, largely due to...- Heineken to sell less beer in 2025 as demand faltersHeineken has again lowered its 2025 beer sales volume guidance, citing worsening macroeconomic challenges. Despite a CEO's expectation of d...
- Heineken sees beer sales dip but keeps profit outlookHeineken, the world's second-largest brewer, reported a dip in beer sales for the first half of the year due to declining demand in Europe ...
- It’s not tariffs, but this is the main reason why sales are falling for America’s favorite beerModelo, recently America's bestselling beer, experienced its first sales dip in over a decade, attributed to heightened anxiety among Hispa...
- European shares open higher on earnings-driven optimismThe pan-European STOXX 600 was up 0.3%, as of 0720 GMT, to its highest levels in more than one month
- Bud Light steps into the ring with UFC in a brand-reviving moveBud Light, an Anheuser-Busch flagship, partners with the UFC to rebound from sales decline post-controversial influencer collaboration. The...
- Bars, restaurants are back to lure, but drinks are in the houseThe The pandemic-induced trend of Indians drinking more at home has not yet been fully reversed even as bars and restaurants have opened up...
- Delhi beer sales dip 52% in May due to bad weather, less stock in stores, etcDelhi sold 83 lakh liters of beer in May this year as opposed to 173 lakh litres during the same month last year. The first five months of ...
- Indians drank more, gave liquor companies the high of a decade last yearSales of beer and spirits grew 18% by volume on low base, and are expected to rise at a fast clip over the next five years, says IWSR repor...
- One thing Covid and its variants failed to stop in India: Alcohol salesIndustry executives attributed the revival to strong at-home consumption, people opting for higher-priced brands, and increasing footfalls ...
- Tax revenues up as liquor, beer sales surge in KarnatakaPeople have been picking up their favourite alcoholic beverages, probably cheering stable excise duties.
- De Beers India sees rising Covid cases hitting Akshaya Tritiya sales, pins hopes on vaccinationThe situation in the diamond market has not yet improved. According to the annual report on the global diamond industry, the current crisis...
- United Breweries expects disruptions in business during electionsElection will overlap with the IPL and the summer months, which have traditionally boosted demand for beer in the country.
- Delhi chills out with a Patiala pegThe overall increase in revenue is attributed to many factors, including action against vends and warehouses involved in wrongdoings.
- Tamil Nadu sees dip in liquor sales, but revenue upBy hiking the prices, the government seems to have achieved the twin objective of bringing down alcohol consumption and increasing the reve...
- Tamil Nadu plans exclusive beer shops to increase revenueThe Tamil Nadu State Marketing Corporation the state run liquor retail monopoly, is launching exclusive beer outlets to combat a dip in the...
- First time in 8 yrs, beer sales dip in summerBeer consumption in peak summer months declined for the first time in 8 yrs probably due to steep price hikes in big guzzling states.
- Delayed rains bring cheer to beer makersThe delayed monsoon has brought some cheer to the Indian beer industry as volumes rose 6% in the first quarter.
- Drought ends for draught beer in India’s pub capitalIs Bangalore’s famed pub culture on a comeback trail? After
- Cup telecast timings steal fizz from brewersGlobally, beer is washed down well with the football frenzy. But the domestic brewing industry is far from cheery as the World Cup kicks of...
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