27 January 2025
27 January 2025
The drinks giant changed tack over the weekend after declining to comment on a report on Friday (24 January) that it was mulling a potential sale of Guinness.
Stateside Brands is well established in the north-east of the US and plans to home in on other states this coming year with Surfside, which makes up 75% of the company’s revenues.
The fall off in export volumes in December has concentrated Brazilian coffee industry minds on tighter environmental rules in the EU, its main market.
The fledgling UK business, which markets alcohol-free beer containing adaptogens and nootropics, wants more investment to support its expansion plans.
Board member Carol Reber has been named interim CEO of the group.
Shares in the drinks giant closed up more than 4% in London today (24 January).
According to new research from Silicon Valley Bank, the US wine market is anticipated to have seen volumes fall by 1-3% last year.
Workers at three Princes sites are set to take action next month.
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