Dean Best

London

Managing editor of @just_drinks and @just_food. @LSENews alumnus. Musings on #business, #FMCG - and on a bit of #sport. Own views. RTs are not endorsements.

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Articles

US beer slowdown “cyclical” and will ease, Molson Coors CEO says

5 days ago | finance.yahoo.com | Dean Best

The steeper-than-expected decline in US beer sales will abate in the months ahead, Molson Coors Beverage Co.'s CEO has suggested. Yesterday (8 May), the Coors Light brewer cut its sales and profit forecasts for 2025, pointing to “the impacts of the global macroeconomic environment on the beer industry and consumer trends”. The new forecasts came as the company reported an 11.3% fall in first-quarter net sales to $2.3bn.
“Good for us isn’t necessarily profit” – South African wine group Journey’s End on sustainability efforts in “difficult” market

1 week ago | finance.yahoo.com | Dean Best

In March, Journey’s End announced it had become a B Corp-certified business, a move the South African wine business said underlined its efforts in areas including energy efficiency, water use and farming. The wine sector, like any in agriculture, knows all about the impact of rising temperatures and a more variable climate – but it’s also facing economic headwinds.
US beer slowdown “cyclical” will ease, Molson Coors CEO says

1 week ago | just-drinks.com | Dean Best

The steeper-than-expected decline in US beer sales will abate in the months ahead, Molson Coors Beverage Co.’s CEO has suggested. Yesterday (8 May), the Coors Light brewer cut its sales and profit forecasts for 2025, pointing to “the impacts of the global macroeconomic environment on the beer industry and consumer trends”. The new forecasts came as the company reported an 11.3% fall in first-quarter net sales $2.3bn.
Why the skies are grey at Hain Celestial

1 week ago | just-food.com | Dean Best

When a company’s share price tumbles more than 50% in the wake of a stock-exchange filing, it’s fair to say investor sentiment is less than positive. And there are a lot of questions hanging over US food and drinks group Hain Celestial.
German drinks group Oettinger confirms cyberattack

1 week ago | just-drinks.com | Dean Best

Oettinger Getränke, the German beer and soft-drinks group, is investigating a cyberattack on the business. In a brief statement, the privately owned company confirmed the breach and said it was looking into the “potential” for data leaks. According to specialist publication Cybernews, ransomware group Ransom House claims to hold data from the brewer. Ransom House has posted a warning to the company online, Cybernews said.
Hain Celestial to review options, CEO exits

1 week ago | just-food.com | Dean Best

Hain Celestial today (7 May) announced the start of a “comprehensive review” of its portfolio and the departure of its CEO. The board of the US food and drinks group is embarking on a review “in light of recent performance”, chair Dawn Zier said. Wendy Davidson, Hain Celestial’s president and CEO, is leaving the business “effective this morning”, a statement read.
Gut-friendly dairy market takes root in India

2 weeks ago | just-food.com | Dean Best

Gut-friendly products are a growing focus for the dairy industry in India, where probiotics have long been a central part of the country’s cuisines. Brands are launching probiotics, promoting the products through educational and advertisement campaigns with encouraging results.
Rémy shares rise but analysts cautious about prospects

2 weeks ago | finance.yahoo.com | Dean Best

Unlock stock picks and a broker-level newsfeed that powers Wall Street. Dean Best Wed, Apr 30, 2025, 10:14 AM 3 min read In This Article: Shares in Rémy Cointreau rose today (30 April) after the French spirits group booked its annual sales and issued guidance but analysts expressed caution about the outlook for the company. The Cognac and whisky maker posted an 18% decline in full-year sales on an organic basis to €984.6m ($1.12bn).
Tenzing on how Heineken can help UK energy-drinks firm grow

2 weeks ago | just-drinks.com | Dean Best

Tenzing, the UK ‘natural’ energy-drink business, has sold a minority stake to Heineken, the Dutch brewing giant’s latest move to building its interests outside beer through investing in up-and-coming firms. For London-based Tenzing, the deal will help the company grow in a sought-after part of its home market – convenience stores – and give it more muscle to investment in marketing as it competes with the likes of Red Bull and Monster.
The six emerging ingredients to drive innovation in beverage alcohol

2 weeks ago | finance.yahoo.com | Dean Best

Dean Best Tue, Apr 29, 2025, 8:47 AM 8 min read In This Article: Tahini, roselle and Valencia Orange are among a clutch of flavours and ingredients touted to drive NPD in the beverage-alcohol industry this year. Ai Palette, a Singapore-based business that seeks to help CPG brands predict market trends, has identified a group of six flavours and ingredients it believes offer opportunities for alcohol brands to attract drinkers.