Asia/Australia
Japan | From beer to lipsticks: what a drastic diversification plan. Kirin Holdings is buying the Japanese skincare and cosmetics brand Fancl for around USD 1.4 billion as part of an effort to reduce its reliance on beer, Japanese media reported on 14 June.
Asia/Australia
Vietnam | Heineken does not seem to bank on beer consumption recovering quickly. It has shuttered its brewery in Quang Nam Province in order to cut costs amid plummeting beer sales, local media reported on 25 June.
Asia/Australia
Australia | The Kirin-owned brewer Lion is set to close the Malt Shovel Brewery in August, bringing nearly four decades of brewing history on the site in Camperdown, an inner-city suburb of Sydney, to a close. Production will be shifted to other Lion-owned breweries.
Asia/Australia
India | Exasperated with India’s byzantine regulations and bureaucracies, United Breweries (controlled by Heineken), AB-InBev and Carlsberg, who between them account for about 85 percent of the country’s beer sales, established the Brewers Association of India, media reported on 31 May.
Asia/Australia
Australia | With the craft beer craze fading, Asahi has ventured into spirits and acquired the super-premium distillery Never Never from South Australia, best known for its award-winning gin brands.
Asia/Australia
Australia | If you have ever been to Australia and sampled a Hahn, James Squire, Kosciuszko, Malt Shovel or Lord Howe Island-branded beer, you have drunk a beer designed by Dr Charles “Chuck” Hahn, an American brewer from Golden, Colorado, who arrived in Australia in 1981.
Asia/Australia
Australia | China lifted anti-dumping and anti-subsidy tariffs on Australian wine from 29 March, ending three years of punitive levies and offering long-awaited relief to Australian wine producers.
Asia/Australia
South Korea | Japan reclaimed the top spot in South Korea’s beer imports in 2023, five years after the start of the Tokyo-Seoul trade dispute, local media reported in January.
Asia/Australia
India | Consumers in India could enjoy a 7.5 percent reduction in spirits prices should the region’s 150 percent tariff laws be halved, Diageo said on 30 January upon releasing its first half 2024 figures.
Asia/Australia
Australia | A skyrocketing excise tax, debt from the pandemic period, increased production costs, and depressed consumer demand have created a perfect storm for the country’s 600 or so independent craft brewers.
