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Renais Gin secures £4.95m investment
Gin brand Renais has secured a £4.95m investment to accelerate international expansion and increase production capacity.
Familia Torres declares 7% sales increase for 2024
Familia Torres has declared an expected sales increase of 7% for its wine and brandy business for 2024 on the previous year.
American single malt whiskey gains official category recognition
The Alcohol and Tobacco Tax and Trade Bureau (TTB) has issued its final rule establishing a new American single malt whiskey category.
Savoia Orancio launches in the US
Savoia’s latest expression, Savoia Orancio, is launching in the US, following a successful UK debut in 2023.
Stoli Group USA files for bankruptcy
Stoli Group has filed for bankruptcy in the US largely due to a two-month-long cyber attack that impacted operations in the States.
Waterford enters administration
Irish whiskey brand Waterford entered administration earlier this week after failing to raise fresh funding.
Anheuser-Busch invests $14m in Houston site
US manufacturer and brewer of Busch Light, Budweiser and Bud Light, Anheuser-Busch, has invested $14m in its Houston, Texas brewery.
Diageo invests in China with new single malt distillery
Diageo has unveiled the YunTuo Single Malt Whisky Distillery, the first of its kind for the company in China.
Trump return fears for global premium spirits
News of Donald Trump’s re-election as US president earlier this week has sparked fear over the possibility of further tariffs being implemented on the spirits industry.
DISCUS warns of renewed spirits tariffs
The Distilled Spirits Council of the United States (DISCUS) has sounded an alarm over the potential return and doubling of the EU’s retaliatory tariff on American whiskey in a new report.
Pernod reports sharp -26% sales drop in China
Sales for Q1 FY25 totalled €2,783m with an organic decline of -5.9% largely driven by a steep drop in China.
US spirits volumes see further decline
New data from the IWSR, the global authority on beverage alcohol data and intelligence, has revealed the US beverage alcohol market continued to shrink in the first seven months of 2024, with volumes declining more than expected.
Saga Spirits Group invests $92m in new Kentucky distillery
US-based Bourbon distiller, Saga Spirits Group, has reportedly announced plans to develop a $92.5 million distillery and tourism centre on 150 acres in Kentucky.
White Claw Vodka comes to the UK
RTD and hard seltzer brand, White Claw, has released its first vodka in the UK, launching nationwide next month.
Concha y Toro sees near 20% revenue rise
Viña Concha y Toro has seen revenue growth of 17.7% year-on-year in the second quarter of 2024 to Ch$237,348 million, while profit also increased 243.1%.
Hine returns to travel retail through SipWell deal
Independent cognac house Hine has appointed SipWell to drive its travel retail presence across the UK, US and Asia.
Guinness shines despite Diageo sales decline
Diageo reported a net sales decline of 1.4% to $20.3 billion for the year end 30 June 2024 which the company pinned on unfavourable foreign exchange and inflation.
Hanna Lee Communications launches New York Bartender Week
Hanna Lee Communications has launched a trade-consumer event called New York Bartender Week which will make its debut on 18-24 November 2024.
New World agave: Mexico's noisy neighbours
In what looks like a mirror movement of wine some 50 years ago, agave spirits are finding their feet in unlikely quarters, finds Shay Waterworth.
Uncle Nearest acquires Square One Organic Spirits
US-based whiskey brand Uncle Nearest has announced the acquisition of Square One Organic Spirits.
Jackson Family Wines enters bourbon sector
US wine company Jackson Family Wines has entered the American whiskey category with the launch of its Stonestreet Kentucky Straight Bourbon.
Viña Concha y Toro sales up more than 25%
Viña Concha y Toro has recorded sales growth of 26.4% for the first quarter of its financial year as it continues to recover from a challenging 2023.
Global breweries partner for sustainable grain initiative
‘Brewing for Impact’, an initiative that will see breweries from seven countries produce beer using the West African grain fonio, has launched.
Patrón XO Cafe returns to US market
Patrón tequila has announced it is bringing back Patrón XO Cafe to the US having discontinued the product three years ago.
CopperBay opens third venue inside Paris's Hôtel Lancaster
CopperBay has launched its third site at Hôtel Lancaster on the Champs-Élysées in Paris, becoming one of the first independent venues to open within a luxury hotel in France.
Stauning launches global cocktail competition
Danish whisky Stauning has launched the ‘Stauning Drinks Kollektive’, a global cocktail competition which aims to shine a light on bartenders from Denmark, Germany, France, the UK, US and Australia.
Champagne exports to US down 20% in 2023
Champagne exports to the US in 2023 dropped 20% on the previous year to around 27m bottles according to Comité Champagne.
Mezcal brand The Lost Explorer enters tequila
Having worked for three decades as head distiller of Diageo’s Don Julio, maestro tequilero Enrique de Colsa has partnered with The Lost Explorer to create its first tequila line.
Cate Blanchett joins Toku Saké as creative director
Actor Cate Blanchett has joined Toku Saké as creative director where she will direct the strategy of the brand, including new product development and innovation.
Whitebox Cocktails partners with Artisan Spirits
Ready-to-serve cocktail brand Whitebox Cocktails has partnered with brand-building agency, Artisan Spirits, to expand its international distribution.
Pernod Ricard sees sales drop -3% in H1 FY24
Pernod Ricard reported a -3% decline of both organic sales and organic profit from recurring operations for the first half of the financial year 2024.
Julie Nguyen wins Flor de Caña Sustainable Cocktail Challenge 2024
Julie Nguyen from Opium Bar in Thailand has won the third edition of Flor de Caña’s Sustainable Cocktail Challenge.
US Beverage partners with Erdinger
US Beverage LLC (USB) has signed an agreement with German wheat beer brand Erdinger to be the exclusive US importer for its portfolio.
US Beverage partners with Erdinger
US Beverage LLC (USB) has signed an agreement with German wheat beer brand Erdinger to be the exclusive US importer for the brand’s portfolio.
Asahi acquires Octopi Brewing to produce Super Dry in the US
Asahi Europe and International (AEI) has announced the acquisition of Octopi Brewing, with plans to brew Asahi Super Dry in the US for the first time.
The Artisanal Spirits Company acquires Single Cask Nation
Whisky producer, The Artisanal Spirits Company (ASC), and owner of The Scotch Malt Whisky Society (SMWS), has acquired US-based independent bottling brand, Single Cask Nation.
Renais Gin to launch in the US
Renais Spirits has announced a national distribution agreement in the US for Spring 2024, following its launch in the UK in May this year.
Spirit of Gallo brings soju brands to the US
Spirit of Gallo has announced it will distribute Korean soju brands Soonhari, Chum Churum and Saero in the US from January 2024, in partnership with Lotte Chilsung Beverage Co.
UK RTD brand Moth (Mix of Total Happiness) is launching in the US this week.
Nc’nean secures funding to grow in North American markets
Nc’nean Distillery Limited has secured a Virgin Money funding package with the backing of UK Government department, UK Export Finance (UKEF), to help the independent distillery grow in North American markets.
American whiskey could face 50% EU tariffs from January
Distillers are calling for the permanent removal of EU imposed “debilitating tariffs” on American whiskey, which are scheduled to be reimposed and doubled to 50% on 1 January 2024.
IWSR Drinks Market Analysis has released its RTDs Strategic Study 2023, which revealed the RTD category is expected to grow by 12% in volume between 2022 and 2027, achieving $40bn by 2027 across 10 key markets.
Mr Lyan to host multi-venue takeover for 10th anniversary
Mr Lyan is hosting a takeover of Sea Containers in London to celebrate 10 years since the opening of the company’s first venue.
The Macallan launches exclusive GTR collection
The Macallan has introduced The Macallan Colour Collection, a new range of age statement whiskies, exclusively available in global travel retail.
Pernod Ricard FY23 sales up 10%
Pernod Ricard saw organic net sales rise 10% in fiscal 2023, driven by strong growth across all spirits categories, alongside broad-based growth across all regions.
Desolas Mezcal expands into Canada
Desolas Mezcal has announced a new distribution partnership with Renaissance Wine Merchants to expand its footprint into Canada.
Molson Coors acquires Blue Run Spirits
Molson Coors Beverage Company has reached an agreement to acquire Blue Run Spirits, producer of bourbon and rye whiskies.
Conor McGregor stout brand Forged enters UK market
Mixed martial arts star Conor McGregor has announced the launch of his Irish stout brand Forged into the UK market through 350 ASDA stores on August 5.
Bruichladdich co-founder Simon Coughlin retires
Bruichladdich Distillery co-founder, Simon Coughlin, will officially retire on 31 July, after more than 23 years with the Hebridean distillery.
Penfolds appoints new creative partner
Penfolds has announced Nigo, the founder of Human Made and artistic director of Kenzo, as its first-ever creative partner.
