The boss of Australia’s second-largest beer company, Lion Group, expects the beer category to show its resilience if economic conditions worsen, because some spirits and wine drinkers will trade down as prices climb in those higher-priced segments. Sam Fischer, who became chief executive of Lion in mid-2022 overseeing beer brands including Tooheys, XXXX Gold, Furphy, Hahn and West End, said the
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The craft beer craze has transformed the way people think about beer, and it has brought an entirely new level of excitement to the brewing industry. And Beeyoung, one of the best home-brewed, locally sourced beer made its international mark by winning big at the prestigious European Beer Challenge 2023, held in London County Hall last April. At the famous
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PETALING JAYA: Carlsberg Brewery Malaysia Bhd (Carlsberg Malaysia) is hopeful that the lifting of total travel restrictions globally will boost consumer demand. The company said this is as Malaysia and Singapore anticipate an increase in inbound travellers. “The end of the Prosperity Tax 2022 will also positively impact the net profit,” it said in a filing with Bursa Malaysia. For its first
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