The reasons for the fall of the beer market in China are interesting for both the brewers and analysts. For example, QL Money publishing among the main factors of the recession referred to bad weather, the reduction internal migrants’ income employed in construction, as well as changing in consumption patterns due to the change of generations. (more…)
Asahi Group Holdings Ltd, the Japanese brewer that’s buying European beer brands worth US$2.9bil from Anheuser-Busch InBev NV, posted its highest-ever first-quarter sales as demand for its alcoholic beverages rose. (more…)
Drinks group C&C has announced a new partnership deal with Mahou India, which is a wholly owned subsidiary of Spanish brewing major Mahou San Miguel. (more…)
The tea farmers of Yunnan likely never imagined their harvest being used to brew anything but the classic hot beverage. So when Shanghai’s Boxing Cat Brewery teamed up with Beijing’s Great Leap Brewing to create their Yunnan Amber Ale, diners were in for a treat. (more…)
April is the cruellest month. The ever-soaring mercury level has dried up many a well. The temperature in Malampuzha rose to unprecedented heights to touch 41.9 degrees, the highest in the state since 1987. People run behind tanker lorries to collect water. In fact, misery is this summer’s theme. For the commoners, that is. The corporates, including a soft drink major and a brewery unit, exist in a parallel universe. (more…)
Against the reduction of the company’s own sales that has already become regular, the international giants will fight for the youth audience, where craft beer is gaining popularity, the Kommersant newspaper writes. (more…)
Prohibition of alcohol is back on the political agenda with the recently elected Bihar government banning its sale and consumption to fulfil a key electoral promise. Other parties, such as the DMK and the AIADMK in Tamil Nadu and the Congress in Kerala, are also championing this cause. (more…)
The Enforcement Directorate (ED) on Wednesday urged a Delhi court to recall its earlier order granting permanent exemption from personal appearance to United Breweries Group chairman Vijay Mallya in a case for allegedly evading summons issued by the ED in connection with purported violation of foreign exchange rules. (more…)
Vietnamese consumer giant Masan is set to expand its activities to other ASEAN member countries this year since the local market is showing signs of saturation, the company’s chief executive has been quoted as saying. (more…)
Brewers and distillers in the Aurangabad belt of Maharashtra are expected to slash production, in the wake of the Bench of the high court directing the state government to impose a 60 per cent water cut on them between April 27 and June 10. (more…)
