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Pernod Ricard increases profit guidance to 16%
Pernod Ricard’s share price increased 2% this morning after the firm raised its profit growth estimate following “greater than expected business dynamism”.
US scotch whisky tariffs suspended for five years
A deal has been struck between the UK and US to end retaliatory tariffs on malt whiskies for five years.
Diageo becomes first spirits sponsor of the NFL
Diageo has become the first ever official spirits sponsor of the NFL.
Stella Artois to auction off NFTs of virtual racehorses
Lager brand Stella Artois is auctioning off NFTs of virtual racehorses on the Ethereum blockchain.
WEBB Banks launches CBD and wellness subsidiary
Leading Caribbean and Central American drinks distributor WEBB Banks has created a subsidiary that will focus on supplying CBD and wellness products to the trade.
Naked Wines shares drop 3% despite strong sales growth
Naked Wines stock decreased by 3% this morning after the online retailer posted an annual pre-tax loss of £10.7 million.
Guinness launches innovative dispense solution for smaller bars
Guinness has unveiled a new technology called “MicroDraught” that allows bars and restaurants to sell the popular stout without having to order whole kegs.
International Spirits Challenge 2021 announces whisky results
The International Spirits Challenge 2021 has awarded 11 double gold medals to the finest Scotch whiskies in the world.
Ellie Goulding invests in seltzer brand Served
Singer and songwriter Ellie Goulding has acquired a ‘significant stake’ in premium hard seltzer brand Served.
Coa Shanghai layout revealed by founder Jay Khan
Coa founder Jay Khan has revealed further details about his new bar which is set to open in mid-July in Shanghai.
London Cocktail Week launches one-off Warm-Up festival
For the first time, London Cocktail Week has announced a one-off Warm-Up festival, taking place 05-11 July 2021.
Casillero del Diablo signs up Hollywood star Pedro Pascal
Hollywood star Pedro Pascal has signed up as the new global ambassador for Chilean wine brand Casillero del Diablo.
Heineken is in talks to acquire Distell
Heineken is in talks with South African wine and spirits producer Distell about acquiring “the majority” of its business.
European Union suspends tariffs on American whiskey
The European Union has announced that it will temporarily suspend its tariff increase on American whiskey in an effort to reboot transatlantic relations.
Diageo shares surge after announcing improved profit forecast
Diageo stock increased by 4% this morning after it announced an improved profit growth forecast for the 2021 fiscal year.
Edrington and Beam Suntory announce equity swap for UK and Spanish businesses
Spirits giants Edrington and Beam Suntory have agreed to an equity swap of stakes in their jointly-owned distribution companies in Spain and the UK.
Poland and Italy drive sales growth for Stock Spirits
Stock Spirits Group increased volume sales by 2% to 8.3 million 9-litre cases in the six months to March 31.
Coa tops Asia's 50 Best Bars 2021
Coa of Hong Kong has been crowned Asia’s Best Bar in 2021 following a virtual awards ceremony of Asia’s 50 Best Bars on Thursday, 6 May.
AB InBev announces Carlos Brito's successor following blowout quarter
AB InBev has announced that North America president Michel Doukeris will succeed veteran leader Carlos Brito as chief executive this summer.
Andrew Shaw appointed head of BWS at Marks & Spencer
Andrew Shaw has been appointed as head of beers, wines and spirits at high-end British retailer Marks & Spencer.
Campari Group reports 17.9% sales growth for Q1
Organic net sales at Campari Group increased by 17.9% to reach €397.9 million in the first three months of 2021.
Bordeaux wineries work collegiately to drive sustainability
Three organic wine producers in Bordeaux have joined forces in a bid to promote a sustainable future for the region.
Concha y Toro posts 8.2% revenue increase for Q1
Leading Chilean wine producer Concha y Toro has reported an 8.2% revenue increase in the first three months of 2021.
International Spirits Challenge 2021 announces results for gin, aquavit, world spirits and no/low
Pernod Ricard has claimed two double gold medals in the gin category at the International Spirits Challenge 2021.
Henkell Freixenet reports 7.4% sales decline for 2020
Henkell Freixenet has reported that net sales decreased by 7.4% year-on-year in 2020 after the Covid-19 pandemic caused bars and restaurants to close for several months.
Marie Brizard Wine & Spirits reports results for 2020 and Q1 2021
Marie Brizard Wine & Spirits has reported a net loss of €38.4 million for 2020.
Exton Park unveils Reserve Blend range
English winery Exton Park has unveiled a trio of sparkling wines following a 10-year development process.
Gonzalez Byass UK appoints Melissa Draycott as managing director
Melissa Draycott will take over from Martin Skelton as managing director of Gonzalez Byass UK in September.
Errazuriz Wine Photographer of the Year Revealed
Oscar Oliveras has won the prestigious Errazuriz Wine Photographer of the Year award for this image of Semillon grapes being gathered in Saussignac, France.
Tequila icon Tomas Estes passes
Tomas Estes, one of the drinks industry's most loved and respected figures, has passed away peacefully at his home in Oregan.
Carlsberg reports 3.8% revenue increase
Carlsberg has reported organic volume sales growth of 11.5% for the first three months of 2021.
Fentimans launches 200ml mixer range
Fentimans is to replace 125ml mixer bottles with a new range of 200ml mixers, as the premium mixer brand aims to “tap into the growing popularity for long mixed drinks”.
Penicillin wins Asia's 50 Best sustainable bar award
Hong Kong’s Penicillin has been named the 2021 winner of the Ketel One Sustainable Bar Award by Asia’s 50 Best Bars.
Beefeater enters RTD market with G&T range
Beefeater has launched three new RTD Gin & Tonic varieties into the UK off-trade in time for the easing of lockdown restrictions.
Global Bartending Talent Agency launches online marketplace and Helping Hospitality initiative
Global Bartending Talent Agency is launching an online marketplace that connects cocktail lovers with some of the world’s best bars.
Cape Fine & Rare Wine Auction celebrates South Africa's winemaking skill and tenacious spirit
Wine lovers will have the opportunity to get their hands on some rare gems at the Cape Fine & Rare Wine Auction on May 22.
Fine wine delivers stability and growth for investors, says Vin-X
We caught up with Katie Souter of Vin-X to learn more about why fine wine could make an appealing investment opportunity during the current economic climate.
International Spirits Challenge 2021 announces results for vodka, tequila and mezcal
The world’s leading vodka, tequila and mezcal producers are celebrating after securing medals at the International Spirits Challenge 2021.
MO BAR wins Michter’s Art of Hospitality Award
MO BAR at Mandarin Oriental, Singapore has been awarded the Michter’s Art of Hospitality Award from the Asia’s 50 Best Bars Academy.
Imbibe Live 2021 set to go ahead
Imbibe Live 2021 will go ahead from 13-14 September at Olympia London, organiser Reed Exhibitions has announced.
Freixenet Copestick signs distribution deal with The Garage Wine Co.
Freixenet Copestick has expanded its portfolio by signing an exclusive distribution partnership with Chilean producer The Garage Wine Co.
The rise of Rioja’s carbonically macerated reds
It’s December 2020 and I’m holding in my hands a Rioja whose vintage bears the same year. And it’s one of the brightest, freshest, easiest to drink wines I’ve had since moving to the area.
Concha y Toro net profits increased 48.6% in 2020
Leading Chilean wine producer Concha y Toro increased net profit by 48.6% to Ch$77,994 million (US$107.4 million) in 2020.
Glenfiddich Grand Couronne joins The Grand Series
Glenfiddich has bolstered its Grand Series range with the launch of a 26 Year Old Speyside malt called Grande Couronne.
Monkey Shoulder and Fever-Tree team up for ultimate mixing pack
Scotch brand Monkey Shoulder has teamed up with Fever-Tree in a bid to create the ultimate mixing pack for the off-trade channel.
Naughty Water builds up momentum in the burgeoning hard seltzer category
An ambitious start-up aims to turn hard seltzers into a hot summer drinks trend within the UK market.
