Craft spirits outpace non-craft in the US in 2020

In 2020, craft spirits in the US volume gains of almost 8%, growing to a 5% volume share and 7% value share of the total US spirits market, according to IWSR Drinks Market Analysis.

Lucas Bols announces strong revenue returns

Lucas Bols has announced a return of revenues to pre-Covid times for the first half of the 2021/22 financial year.

Villa Massa launches Vermouth Giardino

Villa Massa has launched Vermouth Giardino, a pair of super-premium vermouth designed with the professional bartending community in mind.

Mastiha brand Axia launches in the UK

Axia spirit, the world’s first extra-dry Mastiha spirit, has been released in the UK following launches in Greece and the US.

Inflation looms for booze industry

Central banks are coming under increasing pressure to hike interest rates after inflation soared across the globe.

Diageo to build $75m whisky distillery in China

Diageo has revealed plans to build a US$75m malt whisky distillery in southwestern China.

Trade reacts as US/EU whiskey tariffs dropped

Both parties have expressed their delight by Saturday’s announcement that the US and EU have agreed to lift retaliatory tariffs on American whiskey.

Monaghan wins first Flor de Caña Sustainable Cocktail Challenge

Manachain Monaghan from the UK has been crowned global champion of Flor de Caña’s Sustainable Cocktail Challenge with his ‘Steamship’ cocktail.

RTD category volume share forecasted to double in next five years

Demand for ready-to-drink (RTD) products continues to grow amongst consumers, with the category expected to account for 8% of total beverage alcohol by 2025 according to a new report from IWSR Drinks Market Analysis.

Streaming platform Spirits Network seeking UK bartenders for new cocktail competition

New York-based media company NBTV Studios has announced the UK launch of streaming platform, Spirits Network, and is inviting UK bartenders to audition for its inaugural programme, Shake Off.

DoorDash launches alcohol delivery service in the US, Canada and Australia

DoorDash is taking on Uber and Instacart by launching an alcohol delivery service in the United States, Canada and Australia.

Boston Beer Co. share price tumbles due to weak hard seltzer demand

Boston Beer Company saw its share price plummet by almost 10% yesterday after weak demand for hard seltzer forced it to pull its earnings guidance.

US named 'most attractive' wine market in Global Compass report

The United States has once again topped the list of the most attractive wine markets in the world,  according to a new report from Wine Intelligence.

Absolut Vodka unveils new bottle design

Absolut Vodka has announced a new bottle, the brand’s biggest design update since 1979.

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.

Cachaça: Breaking out of Brazil

For many drinkers outside of its native Brazil, cachaça is a largely mysterious category, perhaps known as the star of a Caipirinha and nothing more. In its homeland, however, cachaça’s popularity borders on religious.

Ice Wine's Asian appeal

Sometimes accidents breed innovation. In 1928 Alexander Fleming discovered penicillin by chance, having thrown away a bacteria sample he thought was spent.

Surge in hard seltzer brands slow uptake

It has been a sobering quarter for hard seltzers. Sales of the canned RTD that disrupted the US alcohol market when it burst on to the scene in 2016 have finally stalled.

ZX Ventures: Tracking tastes in innovation

A direct-to-consumer site allowed AB InBev’s global investment and innovation group to continue gathering vital consumer feedback during the Covid-19 pandemic.

Luigi Bosca focuses on producing world-class Cabernet Sauvignon

The man who helped establish Malbec as Argentina’s flagship grape is now bidding to showcase the country’s potential as a producer of world-class Cabernet Sauvignon.

VSPT Wine Group sales up 11%

VSPT Wine Group has seen an 11% increase in sales for Q2 to maintain its number one spot in the Chilean market.

US wine tariffs threaten UK market shape

The UK’s most popular wines could disappear from supermarket shelves and pubs after the government proposed a 25% tariff on all wine imports from the US.

White Claw lays out international expansion plans

It’s been a sobering quarter for hard seltzer. Sales of the canned RTD that disrupted the US alcohol market when it burst onto the scene in 2016, have for the first time, stalled.

Functional cocktails: Industry's next big thing

In late 2020 the US Food & Drug Administration sent out a warning letter to Red Moon Herbs in Asheville, North Carolina, after it claimed its adaptogenic products were intended to mitigate, prevent, treat, diagnose or cure Covid-19.

Trivento named as the world’s best-selling Argentine wine brand

Trivento has been revealed as the world’s best-selling Argentine wine brand in a report by IWSR Drinks Market Analysis.

Moët Hennessy launches Volcan De Mi Tierra tequila in the UK

Tequila brand Volcan De Mi Tierra has launched its Blanco and Cristalino expressions in the UK.

WSTA calls for immediate end to US whiskey tariff

The Wine and Spirit Trade Association has called for the UK government to swiftly remove tariffs on US whiskies.

Brighter days ahead for the industry

Global alcohol consumption is expected to increase by 2.9% this year, according to new IWSR projections. Martin Green reports.

Distill Ventures launches accelerator programme to increase diversity

Distill Ventures has committed to increasing diversity within the drinks industry through the launch of a new pre-accelerator programme dedicated to early stage founders from underrepresented groups.

Praphakorn Konglee crowned Bacardí Legacy champion 2021

Praphakorn Konglee from Thailand’s Find the Locker Room bar has won the Bacardí Legacy Cocktail Competition 2021 with is drink ‘Out of Sight’.

VSPT Wine Group reports strong Q1 sales

South American wine producer VSPT Wine Group posted a 27.6% sales increase during the first quarter of 2021 in spite of poor exchange rates.

Regal Rogue targets indigenous communities with new charity

Australian vermouth Regal Rogue is celebrating its 10th anniversary with the launch of four new signature serves alongside a charity initiative.

Tequila's calling for celebrity mixto

Stars continue to flock to give their endorsement to 100% agave brands, but sustainability has become an issue as consumer demand has risen.

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.

Largest increase in alcohol consumption in the United States in almost two decades

In 2020, beverage alcohol consumption in the US saw the largest volume gain in nearly 20 years.

Penderyn chief executive Stephen Davies on resurrecting Welsh whisky

When Stephen Davies arrived at Penderyn in 2004, the Welsh whisky industry had lain dormant for almost a century. Nowadays it’s an established category with a growing reputation for quality.

IWSR forecasts global beverage alcohol to gain 3% volume in 2021

The global drinks industry is showing positive signs of recovery and will grow in volume by 2.9% by the end of 2021, according to new IWSR forecasts.

Californian wine: Trouble in paradise

California is the latest major wine-producing region to struggle with Mother Nature after a drought emergency gripped the Golden State.

Jinro tops The Millionaires' Club for 20th consecutive year

Korean Soju giant Jinro has topped Drinks International's The Millionaire Club for the 20th year in a row having added 9m 9-litre cases in 2020.

UK proposes new tariffs on US wine imports

US wine imported into the UK could become one of several American products to be levied with new tariffs as part of the ongoing trade war.

Diageo North America announces Pronghorn, a diversity, equity, and inclusivity initiative

Diageo North America has announced Pronghorn, an economic initiative to drive diversity, equity, and inclusion in the spirits industry.

Armagnac: How US tariff relief poses long-term questions

A synchronised sigh of relief was heard right across the Armagnac region last year as the news broke of Donald Trump’s defeat in the US election.

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.

Lucas Bols reports 32% drop in revenue in 2020

Lucas Bols has reported an estimated 32% year-on-year decline in revenue for the 2020/21 financial year after widespread on-trade closures and travel restrictions due to the Covid-19 pandemic.

Isle of Harris gin lands US trade deal

The Isle of Harris Distillery in the Outer Hebrides Islands of Scotland has signed a new distribution agreement in the US with Misa Imports.

The Teasmith Gin gains US export deal

The Teasmith Gin has secured an £80,000 export deal with the biggest  independent wine retailer in the US.

Bollinger to acquire US-based Ponzi Vineyards

The Bollinger family has announced the acquisition of Oregon-based Ponzi Vineyards which will be its first winery in the US.

BR Distilling gains Texas distribution deal

BR Distilling Company in Memphis, US, has gained distribution across Texas as part of its rapid domestic expansion.

US champagne imports down 19% in 2020

According to the Champagne Bureau USA, the exports of champagne to the US fell almost 19% in 2020 year-on-year.

Rhum Barbancourt enters new distribution deal for LATAM and US

Rhum Barbancourt, a family-owned distillery established in 1862, has entered a new distribution deal with MONARQ Group for Latin American and the Caribbean as well as duty free in the US.