Irn-Bru maker buys Hal Robson-Kanu’s drinks business July 10, 2025 The maker of Irn-Bru has acquired The Turmeric Co from its founder, former Wales international Hal Robson-Kanu. AG Barr has taken a majority stake in the London-based business, which was established by the retired football player in 2018, for an undisclosed sum. Robson-Kanu’s company produces turmeric shots which aim to help improve recovery by reusing [...]
Twinings: Profit jumps to almost £100m at tea brand May 28, 2025 Profit at British tea brand Twinings has increased to almost £100m thanks to a “significant growth in the domestic market”. The London-headquartered business has reported a pre-tax profit of £99.1m for the 12 months to 31 August, 2024, up from the £95m it achieved in the prior year. New accounts filed with Companies House also [...]
Yorkshire Tea: Profit more than doubles as sales pass landmark May 23, 2025 Sales at the owner of Yorkshire Tea have passed the £300m mark for the first time in its history as its profit more than doubled during its latest financial year. The Betty’s & Taylors Group, which can trace its roots back to 1886, has reported a turnover of £319.2m for the 12 months to 31 [...]
Guinness maker Diageo to offset US tariffs with cost cuts May 19, 2025 London’s biggest drinks business, Diageo, has unveiled a $500m (£375m) cost-cutting programme as it struggles with the impact of US tariffs. Guinness and Johnnie Walker maker Diageo said it would make the cost savings over the course of three years, but did not confirm how many jobs would be impacted by the move. The firm [...]
Fevertree: £1m pay day for top boss after Molson Coors tie-up April 24, 2025 The chief executive and co-founder of Fevertree has been rewarded with a pay packet of more than £1m after agreeing a “transformational” tie-up with Carling owner Molson Coors. Tim Warrillow, who set up the AIM-listed business with Charles Rolls more than 20 years ago, has taken home almost £1.1m for the company’s latest financial year. The [...]
WPP wins Heineken marketing deal amid AI push March 31, 2025 Beer giant Heineken has selected WPP as its global marketing and commerce partner, as it looks to leverage AI to enhance its retail and customer experiences. Under the new agreement, the ad giant will use its AI-powered operating system, WPP Open. Together, both companies will collaborate to optimise in-store activations, retail strategies and various e-commerce [...]
Fentimans returns to profit after cutting costs March 27, 2025 Fentimans, the soft drinks and tonic water brand, has predicted higher profits in 2025 as it returned to the black during its latest financial year despite the “ongoing challenging backdrop”. The Northumberland-based business has reported a pre-tax profit of £1.4m for 2024, according to new accounts filed with Companies House. The total comes after Fentimans [...]
Innocent Drinks slashes loss after overcoming ‘challenging year’ January 14, 2025 Innocent Drinks has slashed its pre-tax loss after it recovered from a “challenging year”, it has been revealed. The London-based brand, which is owned by Coca-Cola, has reported an operating loss of £3.7m for 2023, according to delayed accounts filed with Companies House. The results, which were filed long after the initial deadline of 30 [...]
Bacardi: Martini maker shaken as UK drinkers move away from spirits January 7, 2025 UK drinkers ditching spirits in favour of wine, beer and non-alcoholic drinks has hit the sales of Bacardi, it has been revealed. The division of the Bermuda-headquartered drinks giant has said its performance has also been impacted by “a combination of post-Covid challenges, ongoing global conflicts and a tough economic environment marked by rising living [...]
Diageo: Shares in FTSE 100 Guinness, Baileys and Johnnie Walker owner are staging a comeback December 12, 2024 Shares in Diageo, the giant behind Guinness, Baileys and Johnnie Walker, are staging a comeback after falling to a historic low last month. The London-headquartered group, which also has a listing on the New York Stock Exchange, has seen its share rise to 2,581p in early trading today, up 3.6 per cent. The latest price [...]