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Q&A: Funkin CEO Andrew King

Andrew King, CEO of Funkin, spoke to Hamish Smith about business in the current cocktail climate

Quintessential Brands gets Cockspur rum distribution

Cockspur rum will be distributed through Quintessential Brands’ off-trade and on-trade distribution arms - Essential Drinks and Marblehead Brand Development respectively - from September 1, 2017.

AB InBev to merge with Anadolu Efes

Anheuser-Busch InBev, the world’s largest brewer, has reached a non-binding agreement with Anadolu Efes to merge its existing Russia and Ukraine businesses.

The Benevolent chief David Cox to retire

David Cox is set to retire as chief executive at The Benevolent, the drinks industry charity at the end of the year.

Funkin partners with De Kuyper in the Netherlands

Funkin has signed a partnership deal with De Kuyper Royal Distillers, which will become its exclusive Netherlands distributor. 

Campari announces +6.8% sales growth for 2017

Italian drinks group Gruppo Campari has announced ‘very good results’ for the first half of 2017 with total sales reaching €844.7m, an organic growth of 6.8%.

WSTA chief slams UK government over Brexit

The chief executive of the Wine and Spirit Trade Association, Miles Beale has warned that ministers in the UK parliament need to set aside differences and produce a clear plan for Brexit or trade will suffer.

Pernod Ricard acquires Del Maguey Single Village Mezcal

Pernod Ricard USA’s New Brand Ventures division, has completed the acquisition of a majority stake in Del Maguey Single Village Mezcal.

Diageo boss: 'We're restless as hell'

Diageo chief executive Ivan Menezes says the company is ‘restless as hell’ following the release of its annual market report for the year ending 30 June 2017, despite profits growing up to 25%.

WSTA announces annual conference keynote speakers

The Wine and Spirit Trade Association has announced Lord Price, minister of state for international trade and Wetherspoon boss, Tim Martin as keynote speakers at this year’s WSTA Annual Conference this September.

ABD names Paramjit Singh Gill as its president and CEO

Allied Blenders & Distillers, the third largest spirits company in India with volumes of 33.2 million cases, has announced the appointment of Paramjit Singh Gill as its president and CEO.

LNG heads to Scottish distilleries

Liquefied natural gas providers are working on a joint project to bring LNG to Scottish breweries and distilleries which are not on the existing natural-gas grid.

SITT announces Bristol and London autumn shows

The Specialist Importers Trade Tasting, a series of one-day events for independent wine buyers in all trade markets, will take place on September 18 in Bristol and on September 20 in London.

IBWSS prepares for London takeover

The International Bulk Wine & Spirits Show (IBWSS) will take place in London on January 24-25, 2018 as an opportunity for winegrowers to grow its private labels and bulk business.

Liviko announces turnover of €129m

Estonian drinks company, AS Liviko, says it has been hit by endless excise increases and the impact of various economic activities in the region.

WSTA chief wants full Brexit 'divorce'

Wine and Spirit Trade Association CEO Miles Beale, has called for the government to follow through with its Brexit negotiations.

Drinkaware appoints new chief medical advisor

Drinkaware has appointed Dr Fiona Sim as chief medical advisor to chair its independent medical advisory panel and monitor the charity’s medical evidence.

Quintessential Brands appoints new group operations director

International spirits group Quintessential Brands has appointed Simon Williams as group operations director, with immediate effect.

UK spirits sales overtakes beer for first time

The latest HMRC figures have revealed that sales of spirits have brought more money to the Treasury than beer for the first time in history.

SNP runner warns Brexit will make Scotland drink sector 'vulnerable'

Scottish politician Calum Kerr has highlighted the impact that Brexit could have on Scotland’s flourishing food and drinks sector.

Conviviality sales double to £1.5bn

Conviviality Plc, the UK’s leading independent wholesaler and distributor of alcohol, has almost doubled its sales to £1.56bn for the financial year ending 30 April 2017.

Global drinks market declines in 2016

Research conducted by Euromonitor International shows that the global alcoholic drinks market declined by 0.2% in 2016, the second year in a row the industry has depreciated.

Cellar Trends gets investment from Amber Beverage Group

UK distributor Cellar Trends has announced an investment from the Amber Beverage Group, the largest alcohol manufacturer and distributor in the Baltics.

TWFA announces record attendance for Asia Pacific show

The TFWA has announced a record number of exhibitors for the 2017 Asia Pacific Exhibition & Conference in Singapore between 7 -11 May.

Sapporo sues Japan government over tax rates

Sapporo Breweries in Japan has filed a lawsuit against the Japanese government seeking a tax return for the amount paid on its Goku Zero beer.

Pernod Ricard launches Global Travel Retail company

Pernod Ricard has announced its new organisation Global Travel Retail which will combine its travel retail activities.

Duty Free World Council studies travel retail in Americas

The DFWC have reported ‘significant progress’ on an Economic Impact Study on the importance of the duty free and travel retail industry in the Americas.

WSTA disagrees with Legislation Act review

The Wine and Spirit Trade Association believes that recommendations made by the House of Lords in their report on the Legislation Act 2003 would ‘not be sensible’.

Britvic points to healthy lifestyles for bigger sales

Britvic believes that consumers choosing ‘healthier living and moderate drinking’ is the reason for the increase in sales for 2016.

WSET Week USA set for May launch

The Wine and Spirit Education Trust will host the first WSET Week USA from May 1-7, 2017.

Brexit: ‘UK wine trade needs support’

A UK politician believes that the British government must support ‘frictionless trade’ with the EU following Brexit to save 270,000 jobs in the UK wine industry.

AB InBev gives the green light

Anheuser-Busch InBev has announced plans to aquire 100% of its purchased electricity from renewable sources by 2025.

VINEXPO to host Brexit plans in France

VINEXPO will address the key Brexit issues facing the wine and spirits industry at its 2017 wine show in France on June 20.

WSTA: Frictionless borders needed to prevent smuggling

The WSTA has warned that Brexit talks must achieve “frictionless borders” to avoid alcohol smugglers at ports.

Stephenson to aid Lidl UK spirits team

Lidl UK has announced Tristan Stephenson will consult on its spirits range, working closely with its buying team.

Mahesh Madhavan to become Bacardi CEO

Bacardi has announced that Mahesh Madhavan, a 20-year Bacardi veteran, who is currently a member of the company’s global leadership team and regional president of Asia, Middle East & Africa, will succeed Michael Dolan, who will retire as CEO, effective April 1, 2018.

Vinexpo sets its stall out

Vinexpo CEO Guillaume Deglise was in London today (March 1) to extol the virtues of attending the Bordeaux show in June (18-21).

Agile Media appoints DI commercial director

Rob Cullen has joined the expanding Agile Media team as Drinks International’s new commercial director, replacing Roger Betriu.

Gruppo Campari buys Bulldog gin

Gruppo Campari has announced the acquisition of super premium gin, Bulldog for US$58.4 million (€54.1m).

Diageo: currency pressures won’t push up prices

Diageo has said that the weak pound will not see immediate changes in its prices.

Diageo posts volume and value rises

Diageo has announced growth across all its regions, with 1.8% overall organic volume growth and 4.4% organic net sales growth in the half year period to December 31.

Fever-Tree posts positive results

Fever-Tree has announced that its full year revenue is expected to be circa £102.2 million, which is growth of 73% on 2015.

Advini buys Lapalu family estates

Antoine Moueix Properties, a subsidiary of the major French wine producer Advini, has announced the purchase of approximately 400 hectares of vineyards on both the right and left banks of Bordeaux.

Beam Suntory takes over Sipsmith

Beam Suntory has taken over British craft gin and vodka producer, Sipsmith.

Gruppo Campari to sell Italian wineries

Gruppo Campari has announced the sale of Italian wineries Sella & Mosca and Teruzzi & Puthod for €62 million.

William Reed acquires World's 50 Best Bars

William Reed has acquired The World’s 50 Best Bars awards from Drinks International’s publisher Agile Media.

Constellation buys and sells

Constellation Brands has announced the sale of its Canadian wine business and is buying Charles Smith Wines, High West Distillery and a minority stake in Bardstown Bourbon Company.

Codorníu Raventós announces new UK MD

Matteo d’Imporzano has been appointed managing director of Codorníu in the United Kingdom and Ireland.

Anheuser-Busch InBev completes SABMiller purchase

Anheuser-Busch InBev has announced the completion of the deal to buy SABMiller.

William Grant reports record profit

William Grant & Sons has reported a record profit after tax of £147.4m*, an increase of 8.9% year-on-year.