Kerry Group Pulls Full Year Guidance After Coronavirus Hits Demand
Irish food and ingredients giant Kerry Group has withdrawn its full-year earnings guidance after the benefit of some stockpiling of consumer lines during the...
Trade Body Outlines Plans To Safeguard Irish Drinks Sector
The coronavirus pandemic has severely impacted Ireland’s drinks industry, with the closure of the on-trade and restrictions in supply to many off-trade channels, not...
BAT Sticks To Earnings Forecast, Flags First Signs Of Sales Weakness
British American Tobacco said today that it was maintaining its guidance of high single figure earnings per share growth for 2020 while expecting some...
Co-op And Nisa Launching Supplier Insights Portal
The Co-op and its subsidiary Nisa have joined forces with IRI and its wholesale data arm SalesOut to launch Hive – a new insights...
Large Manufacturers Losing Share During Outbreak
IRI’s latest Consumer Spending Tracker, which analyses trends during the coronavirus outbreak, shows that large FMCG manufacturers are continuing to lose share to smaller...
Lockdown Boosts Sales Of Frozen Food
Latest industry figures show frozen food has been flying off supermarket shelves as people eat more lunches and dinners at home during the lockdown....
Christine Tacon To Remain As GCA During Crisis
Christine Tacon is to continue as the Groceries Code Adjudicator (GCA) for a period of up to six months in order to provide “continuity...
Imperial Brands Sells Cigar Businesses For £1bn
Imperial Brands has agreed the sale of its premium cigar operations to two consortia of private investors for a total consideration of €1.23bn (£1.07bn).
The...
Overall Alcohol Sales In Ireland Down 30%
Drinks Ireland, the Ibec group that represents Irish drinks manufacturers, brand owners and distributors, estimates that overall alcohol sales in the country have fallen...
Navigating The Chaos Of Covid-19 With Consumer Trends
With many parts of the world thrown into turmoil, brands are wondering how they should position themselves with consumers in light of the COVID-19...