News in Numbers
$200m
Diageo suggests the imposition of US tariffs on Canada and Mexico could cost the business around $200m.
-34%
Profits from LVMH’s wine-and-spirits business tumbled by 34% last year.
8.5%
Molson Coors Beverage Co. is set to acquire a stake in UK-based tonic and mixer maker Fevertree Drinks.
$25m
Tilray wants to find $25m in “synergies”, which will involve cutting more than 300 SKUs.
-1-3%
The fall in volumes Silicon Valley Bank projects the US wine industry saw in 2024.
