Golden Moon Distillery closes its doors

US, Colorado-based Golden Moon distillery has ceased operations after 16 years, due to being unable to find a buyer for the business.

James Watt to step down as BrewDog CEO

BrewDog has announced that James Arrow, currently COO, will succeed James Watt as CEO of the company, as part of a succession plan put in place last year.

Holyrood Distillery secures funding package with fintech Ferovinum

Edinburgh’s Holyrood Distillery has secured a new funding package with specialist wine and spirits fintech Ferovinum, to support its domestic and international growth plans in 2024 and beyond.

International Beverage to acquire Larsen Cognac business from Anora

International Beverage has entered into an agreement with Anora Group plc to acquire its Larsen Cognac business.

Brown-Forman announces Slovakia distribution business

American drinks group Brown-Forman has announced the launch of its own distribution business in Slovakia, bringing distribution in-house for the first time since the company entered the market.

The Boatyard Distillery gains B-Corp certification

Irish spirits maker, The Boatyard Distillery, has announced it has earned B-Corporation certification.

International Beverage appoints Malcolm Leask to new managing director role

Global drinks business International Beverage Holdings has announced the appointment of vice president of sales, Malcolm Leask, to the new post of managing director.

UK Government freezes alcohol duty in mini-budget

Chancellor Kwasi Kwarteng has announced that planned increases in alcohol duty have been ditched in his mini-budget.

Brown-Forman confirms purchase of Gin Mare

Jack Daniel’s owner Brown-Forman has confirmed the purchase of gin brand Gin Mare from Spanish premium drinks company, Vantguard.

Diageo sells Windsor to South Korean private equity consortium

Diageo has agreed the sale of its Windsor business to the Bayside Private Equity and Metis Private Equity consortium, Bayside/Metis, for KRW 200 billion (approximately £124 million).

Calvados brand Avallen becomes a certified B Corporation

Calvados brand Avallen has become a certified B Corporation, a for-profit business that has been verified to meet high standards of social and environmental performance, transparency, and accountability.

Villa Maria acquired by Indevin

Indevin New Zealand has completed the purchase of 100% of the shares of Villa Maria Estate for an undisclosed fee.

The Rise of DTC Sales

The Covid-19 pandemic has inspired drinks producers across the world to significantly ramp up their focus on direct-to-consumer (DTC) sales.

Diageo sees a strong future for direct-to-consumer sales

Diageo expects direct-to-consumer sales to grow rapidly and emerge as an important part of the business in the years ahead.

Whisky Hammer agrees investment deal with Rare Whisky Holdings

Scottish whisky auction firm, Whisky Hammer, and sister company Still Spirit has sold a 49% stake of the business to the Hong Kong investment group, Rare Whisky Holdings.

UK bar group reports record sales since reopening

British bar operator Arc Inspirations has reported that sales have increased by 35% compared to 2019 since it resumed trading in May.

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.

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.

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.

Borco adds to global business development team

Hamburg based Broco-Marken-Import has appointed new members of its global business development team as part of its international focus for expansion.

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.

Bitcoin payments boost sales at Paris Cellar

Drinks International caught up with Gabriel Bidault of online retailer Le Millésime Paris to learn more about the impact that accepting Bitcoin as a payment method has had upon the business during the prolonged bull run of 2020 and 2021.

Indian bars send signature serves to customers' homes

In May 2020, when the lockdown was still at its strictest in India, Sidecar bar in New Delhi received the good news that it was the only Indian bar to have made it to the coveted 50 Best Bars in Asia list.

Campari Group suffers malware attack

Campari Group has revealed that some of its personal and business data has been compromised after it suffered a targeted ransomware attack.

Anne Le Naour: Interview with CA Grands Crus Executive Director

Drinks International caught up with Anne Le Naour, executive director at CA Grands Crus, to find out how the business has adapted to the challenging trading conditions of 2020.

Naked Wines' James Crawford reflects upon H1 results

Drinks International caught up with Naked Wines’ chief financial officer James Crawford to discuss the firm’s impressive H1 results.

Naked Wines revenues increase 79.6%

Naked Wines enjoyed 79.6% revenue growth in the six months to September 28 after demand for online wine purchases soared during the lockdown.

Diageo shares climb after positive trading update

Diageo stock enjoyed its best session since March after chief executive Ivan Menezes issued a positive trading update ahead of the firm’s annual meeting.

Templeton Rye ramps up focus on innovation

Templeton Rye has released a limited-edition Caribbean Rum Cask Finish expression into the domestic and export markets.

Carlsberg suspends share buyback as profits dwindle

Danish brewer Carlsberg expects to report an organic operating decline of 10% to 15% this year as a result of on-trade closures.

Naked Wines makes a flying start to fiscal 2021 as online orders soar

Naked Wines has reported 81% year-on-year revenue growth during April and May as online orders spiked during the coronavirus lockdown.

Carlsberg UK and Marston's merge to create £780m joint venture

Carlsberg UK will merge with Marston’s to form a British brewing giant worth around £780 million.

Campari Group reports slight sales decline for Q1

Campari Group has reported a 5.3% decline in organic sales for the first quarter of 2020 after suffering from the impacts of the coronavirus outbreak.

Treasury appoints Grant to head up Beringer

Treasury Wine Estates has appointed John Grant as managing director of its Beringer Brand Business Unit.

Atkin MW and Chester Osborn get Wine Intelligence Business Awards

Wine journalist, Tim Atkin MW and d'Arenberg owner and winemaker Chester Osborn, were both named as recipients of the Wine Intelligence 10 for 10 Business Award.

Su Birch of Wines of South Africa wins business award

Su Birch, CEO of Wines of South Africa (WoSA) is the winner of Wine Intelligence’s inaugural ‘10 for 10 Business Award’.

Gifting still driving wine sales in China

Gifting remains the driving force behind wine sales growth in China, according to research by Wine Intelligence.

Laithwaites buys Bordeaux vineyard

Wine merchant Laithwaites Wine has concluded the purchase of Chateau du Bois, a vineyard near the village of Castillon in Bordeaux, France.

Diageo posts 7% organic sales growth

Diageo has delivered 3% volume growth and 7% organic net sales increase for the six months ended December 31, 2011.

Consultancy firm hires former Bacardi chief

Global business consultancy McKinney Rogers has appointed a former Bacardi USA president to its board.

Altia buys Xanté

Altia Plc is buying the Xanté Company and the Xanté spirits brand from the Swedish Tilander family.

Fuller's posts half-year growth of 6%

London Pride brewer Fuller’s has announced half-year growth of 6% after registering a turnover of £128m.

Stock completes refinancing

Central European spirits and liqueurs company Stock Spirits Group is gearing up to acquire new business.

SABMiller and Analdolu Efes form strategic alliance

SABMiller, has formed a strategic alliance for Turkey, Russia, the CIS (Commonwealth of Independent States, former Soviet republics), central Asia and the Middle East with the Turkish brewer, Anadolu Efes.

Cert Octavian announces new MD

Cert Octavian Plc, the UK’s leading logistics and specialist wine cellarage business, has announced that Vincent O’Brien is managing director with immediate effect.

Belvedere appoints CEO, looks to clear debts

Sobieski vodka owner Belvedere has appointed Krzysztof Trylinski as chairman and chief executive officer of the group. He aims to clear the company's debt by selling two of its brands.

Diageo launches social media campaign

Diageo, through its Johnnie Walker brand, has launched a social media project to get communities involved in either technology, arts or business projects.

Beam appoints mixables manager

Beam Global has appointed Debora Boyda to the role of general manager of the Mixables Category Business Team (CBT). 

Aspall invests £4m and restructures business

UK cider producer Aspall is to restructure its business and invest £4m following “40% volume growth” last year.

Morrison Bowmore makes five appointments

Morrison Bowmore Distillers has made five new appointments within its sales and marketing team.