BeverageMarket

European Commission's Bold Antitrust Action: Drinks Firms Targeted in Major Raid

1 month ago

In a significant development for the beverage industry, the European Commission has conducted extensive raids on several major drinks firms amid an ongoing antitrust investigation. This unprecedented action emphasizes the regulatory body's commitment to ensuring fair competition within the market, particularly following growing concerns over potential anti-competitive practices in the sector.

Campari Appoints Industry Veteran Hunt as New Chief to Drive U.S. Expansion

4 months ago

In a significant leadership transition, Campari Group has officially announced the appointment of industry veteran Matt Hunt as its new chief executive officer. This strategic move is aimed squarely at bolstering the company's expansion efforts in the highly competitive U.S. market.

Molson Coors Adjusts Sales Projections Amid Declining Beer Consumption in the US

5 months ago

In a significant development for the beverage industry, Molson Coors, one of the nation’s leading beer producers, has revised its sales outlook downwards. This adjustment comes on the heels of a noticeable shift in consumer behavior, with U.S. beer drinkers increasingly cutting back on their consumption.