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Coopers Brewery, a family-owned independent brewing company, has experienced a slight rise in its annual beer sales, outperforming the overall market that has seen a downturn. Annual Sales Report In the 2024-25 fiscal year, Coopers Brewery reported total beer…
Matthew Ives has been announced as the new Chief Executive Officer (CEO) for Dunhill, a renowned men’s luxury fashion retailer based in Britain. Ives’ appointment is set to take effect from October 13 and he will be reporting directly to Phillipe Fortunato,…
Belgium is promoting its centuries of beer-making and 430 breweries with a new visitor centre in Brussels that recounts the history of Belgian production and aims to show what is unique about the country’s beer and beer culture. Belgian Beer World will open…
Sabeco has partnered with SP Group, a leading utilities group in the Asia Pacific, for the second phase of its rooftop solar energy system installation and operation. Saigon Beer-Alcohol-Beverage Corporation (Sabeco) and SP Group signed a Memorandum of…
Brewer Sabeco said its after-tax profit rose by 40% last year to VND5.5 trillion. Vietnam’s biggest brewer had net revenues of VND34.98 trillion, an increase of 32% from 2021. These are significant achievements compared to the 2021 results. The 2022 profit…
Asahi Beverages will close its Green Beacon brewery’s operations in North Brisbane in around 10 weeks. The closure follows several years of “excellent growth” for Green Beacon, according to the company, and is part of a plan to ensure the company’s growth by…
Heineken Vietnam is continuing its 14-year partnership with the National Traffic Safety Committee for developing a “road safety” culture and inculcating the habit of “When you drink, never drive.” The two-year program has trialed activities to reinforce a…
Saigon Beer brewer Sabeco saw revenue jump 33% from 2021 to VND35.24 trillion ($1.5 billion) last year as consumption bounced back after two years of Covid-19. The brewer’s post-tax profit surged nearly 40% to VND5.5 trillion, the highest level since it was…
Tours of one of Australia’s oldest breweries — which were set to end in a few days — have been saved at the 11th hour after James Boag’s Brewery received funding from the Tasmanian government to keep them running. The Tasmanian government will provide $1…
New research reveals that while craft brewers increased production by 7.6 per cent compared with the previous three months, the industry average for actual production time remains just 45 per cent. The findings come from the Craft Brewers Benchmark Report, a…
Vietnam’s largest brewer Sabeco said after-tax profit fell by over VND1 trillion (US$443 million) last year to VND3.93 trillion, the lowest since it was acquired by a Thai billionaire. Its revenues were VND26.37 trillion, a decline of 6 percent. Thaibev owned…
Majestic Wine is reportedly looking to sell its entire UK retail portfolio to focus on its international e-commerce business, Naked Wines. Bankers at Rothschild have been contacting private equity firms to buy the British bricks-and-mortar business, which…
As more and more Vietnamese drinkers take to beer and competition heats up, leading brands are spending big on advertisements. Saigon Alcohol Beer and Beverages Corporation (Sabeco), the leading beer producer in Vietnam which brews the well-known Saigon and…
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