TOKYO — Sapporo Breweries on Tuesday filed a lawsuit with the Tokyo District Court demanding the Japanese government return 11.5 billion yen ($104 million) in liquor tax that the brewery paid for its Goku Zero drink.
Major alcohol groups aiming to swallow up craft distilleries are looking at earlier-stage targets as the craft spirits sector commands ever more potent multiples, according to several industry sources.
While the U.S. market for energy drinks is fairly mature, much has been made of the opportunities for Monster Beverage to grow its business abroad. On Tuesday, one analyst suggested that investors should pump the brakes on their enthusiasm.
SCOTLAND's whisky industry has declared war on a mystery tycoon" who claims to represent many of the biggest brands in world spirits."
Samuel Adams co-founder Jim Koch, one of the country's original craft brewers, is worried about his industry.
The founders of Scottish drinks firm BrewDog could be toasting a mouth-watering £100m pay day after selling a slice of the craft beer maker to an American private equity giant.
Pernod Ricard has announced it has formed a new global organisation for its travel-retail activities in an endeavor to fully align its ways of working with the most important trends of the wine and spirits industry to achieve its topline growth objective.
The growing U.S. thirst for imported Mexican beer help send Constellation Brands Inc.'s stock on its biggest rally in three years, even as simmering border tensions threaten to undercut demand.
In support of Alcohol Awareness Month, HEINEKEN USA (headquartered in White Plains, NY) announced April 4 various programs and initiatives that promote responsible drinking and moderate alcohol consumption.
Southern Glazer's Wine & Spirits, which has corporate offices in Miami and Dallas, announced Wednesday it will contribute $150 million to Florida's Step Up For Students Scholarship Program in 2017-2018, which allows underprivileged children to attend schools in the program's network, including some private religious and charter schools.