asia beer market
Sales of Thai and American-owned beer brands have helped distributor Attwood Import-Export Group deepen its penetration of Cambodia’s premium beer market and offset the loss of its Heineken distribution rights, the company’s chief executive said yesterday.
The brands, which include Pilsner Urquell in Czech Republic and Tyskie and Lech in Poland, are worth more than 5 billion euros ($5.5 billion).
It may come as a surprise to most, but modern Oktoberfest starts in September, rather than during the month it is named after, October. This year, the world’s largest beer festival started on September 17 in Munich, Germany, and will … Continue reading
South Korean brewers are increasingly shifting their focus to other Asian markets, hoping to cash in on the popularity of Korean culture and make up for stagnant growth at home.
Cambrew’s brewery in Sihanoukville is still producing beer, but an ongoing strike could put its flagship Angkor brand in short supply after the labour dispute forced a suspension of the factory’s warehouse and distribution activities this week.
The uneven development of Carlsberg Asian markets in 1H2016: strong growth in India and Laos with 8% volumes decline in China
Carlsberg says its operating profit in Asia is increasing due to premium propositions growth. According to the first-half results, Asia region continued to deliver solid organic revenue growth (+4%) thanks to a strong 7% price/mix and despite a negative volume … Continue reading
Anheuser-Busch InBev NV’s $107 billion acquisition of SABMiller Plc is nearing Chinese approval after the companies agreed to divest the maker of Snow beer, the world’s top-selling brand, according to people familiar with the matter.
The standard line when it comes to Japanese consumer companies making acquisitions overseas is that they’re trying to escape the demographic decline at home. So what to make of Asahi’s reported interest in eastern Europe?
Carlsberg A/S, the maker of Tuborg beer, reported first-quarter sales that disappointed investors as it offered a gloomier outlook for eastern Europe and Asia.
Heineken NV reported beer shipments that rose at more than double the rate analysts expected thanks to growth across Asia and Latin America, sending the shares up as much as 4.6 percent.