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Simply Good Foods Announces Layoffs and Restructuring Simply Good Foods has announced plans to lay off 15% of its workforce and restructure corporate leadership in an effort to turn around declining sales. CEO Joseph Scalzo, who returned to the company…

Key Takeaways: Insightful Analysis: The recent acquisition signifies a significant move for Mark Anthony Group, under the leadership of CEO Phil Rosse. With a goal to expand their presence in the global alcohol market, this acquisition marks a strategic step…

Dive Brief: Tilray Brands has recently acquired U.K. brewer BrewDog for $44 million, expanding its craft beer portfolio. The acquisition includes BrewDog’s brewing operations and 11 brewpubs in the U.K. and Ireland, with negotiations ongoing for assets in the U.S.…

One of the leading wine suppliers in the United States is making strategic changes to its operations by closing a vineyard and letting go of 93 employees across multiple locations. This decision comes as the company adapts to shifting consumer…

Fresh Del Monte Produce is acquiring assets of California-based Del Monte Foods for $285 million, bringing the iconic produce name under a single owner for the first time in nearly four decades. The deal comes as canned food maker Del…

Key Takeaways: Bel Group, the company behind Babybel and GoGo Squeez, has announced a strategic partnership with food technology company Foodberry to develop healthier snacks using real fruit. Bel’s U.S. division will utilize Foodberry’s plant-based coatings made from real fruit…

Hain Celestial Appoints Alison E. Lewis as Permanent CEO Alison Lewis, who has been serving as the interim CEO of Hain Celestial, is now taking on the role permanently. The organic and natural products maker is hopeful that Lewis will…

Brown-Forman, a leading spirits company, has reported a significant decline in sales in Canada due to an ongoing boycott of U.S. alcohol sparked by President Donald Trump’s tariff policies. Sales in the country dropped by 62% in the second quarter,…

Diageo, a leading company in the alcohol industry, has appointed Dave Lewis, a seasoned consumer products veteran, as its new CEO. This decision comes as Diageo navigates changing consumer preferences and explores the possibility of selling some of its brands.…

Sazerac has recently acquired the renowned small batch spirits producer Western Son Vodka and Distillery based in Texas, marking a significant addition to their portfolio. Known for its diverse range of flavored vodkas and gin distillation, Western Son’s acquisition complements…