Diageo 2030 emissions targets validated by SBTi

Drinks giant Diageo have had their greenhouse gas (GHG) emission targets, to achieve net-zero direct emissions by 2030, approved by the Science Based Targets initiative (SBTi) as meeting the criteria for the 1.5oC pathway.

Lucas Bols and Edrington enter new venture for Belgium and Luxembourg

Lucas Bols has entered a joint venture with Edrington under the name Maxxium BeLux for distribution in Belgium and Luxembourg.

Pernod Ricard declares +9.7% organic sales growth FY21

Pernod Ricard has announced organic sales growth of +9.7% for FY21 totalling €8,824m with increased sales in all regions.

The Macallan and Bentley Motors announce partnership

The Macallan single malt Scotch whisky and Bentley Motors have announced a partnership with a key focus on sustainability.

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.

Edrington reports year-on-year profit decline

Edrington has reported that pre-tax profit decreased 21% year-on-year to £178.4 million for the year ending 31 March 2021.

Zamora turnover down 17% in 2020

Zamora Company has announced a -17.2% drop in turnover in 2020 compared to the previous year.

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.

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.

Amber Beverage Group report no year-on-year decline in revenue

Amber Beverage Group (ABG) has reported that net revenues in 2020 remained at 2019 levels despite an 8.4% drop in volumes due to the global pandemic.

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.

Edrington and Beam Suntory agree distribution swap

Edrington and Beam Suntory have reached an agreement to end their joint-venture distribution businesses in Spain and the UK after more than a decade of partnership.

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.

Pernod Ricard sees 1.7% organic growth for first nine months of FY21

Pernod Ricard’s global sales have seen a 1.7% organic growth for the first nine months of FY21 which totalled €6,941m.

Kirker Greer Spirits gains French distribution deal

Kirker Greer Spirits has launched in France after securing a deal with wine and spirits importer, Maison Milhade.

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.

Gordon & MacPhail lands distribution deal for South Korea

Premium spirits producer Gordon & MacPhail has appointed Allied Young Fortune Brands as its distribution partner for the South Korean market.

Fever-Tree co-founder dissects -3% revenue for FY20

Fever-Tree has announced full year revenue declines of 3% year-on-year for for the financial year ending 31 December 2020.

Distell enters China distribution deal with Camus

South African wines and spirits producer Distell International has signed a distribution agreement with French cognac house Camus for China duty free, effective immediately.

Bacardí appoints Simon Owen MD of Australia & NZ

Bacardi has appointed Simon Owen as its new managing director for Australia and New Zealand which will be effective from April 1.

ADF&PCD and PLD Paris launch digital workshops on premium drinks packaging

ADF&PCD and PLD Paris is launching a digital series of workshops for packaging developers and designers in the premium drinks sector this March.

Diageo completes Chase Distillery deal

Diageo has completed the acquisition of Herefordshire-based craft spirits firm Chase Distillery for an undisclosed fee.

Halewood to offload Eisberg wines to Schloss Wachenheim

Alcohol free wine brand Eisberg is set to be acquired by Schloss Wachenheim AG (SWA) from Halewood Artisanal Spirits.

Pernod Ricard sales suffer -3.9% drop through travel retail absence

Pernod Ricard sales for H1 FY21 have shown an organic decline of -3.9% on the previous year largely due to the ongoing struggles of travel retail.

Luxco subject to near $0.5bn acquisition by MGP Ingredients

MGP Ingredients has agreed a deal to acquire US spirits company Luxco for a value of $476m in cash and stock.

JW Filshill acquires Eldorado Tonic Wine

JW Filshill, the Glasgow-based wholesaler, has acquired Eldorado Tonic Wine as part of its purchase of KB Agencies for an undisclosed sum.

TFWA targets greater diversity under new president

Following the recent election of new president Jaya Singh, TFWA has announced its desire to widen its representation within its affiliate trade associations.

Empirical lands Mangrove UK distribution deal

Copenhagen-based flavour company Empirical has appointed Mangrove as its new distributor to grow the sales of its spirits and RTDs portfolio in the UK.

Halewood takes on Dr Kirstie McCallum from Glen Turner

Halewood Artisanal Spirits has announced the appointment of Dr Kirstie McCallum as its new master blender, as the business looks to strengthen its whisky portfolio.

Brands Report 2021: How We Did It

Brands Report editor Hamish Smith explains the methodolgy behind the report's polling system.

Free Spirits & Co launches in Israel

A new imports and distribution company has opened in Tel Aviv, Israel called Free Spirits & Co which will focus on the craft spirits market.

Borco MD to step down in September

With effect from September 30, Kay Engelke-Engfeld will down from his role as managing director global business of BORCO-MARKEN-IMPORT.

Borco family member takes step back after 17 years

With effect from 30 September 2020, Dr. Tina Ingwersen-Matthiesen, shareholder and family member of the owners of one of European spirits companies Borco-Marken-Import, is leaving the company's management board.

Pernod Ricard sales down -9.5% in FY20

Spirits giant Pernod Ricard has announced a -9.5% sales decline for FY20 due to the impacts of Covid-19 in the on-trade.

Kingsland Drinks to host new UK spirits company

Manchester-based Kingsland Drinks will power a new spirits company to provide a portfolio of premium brands to the on and off-trade.

Marie Brizard sales down -17% in H1

Marie Brizard Wine & Spirits has announced a -17% loss in sales in the first half of 2020 as a result of the COVID-19 pandemic.

Marie Brizard sells Polish assets to United Beverages Group

Marie Brizard Wine & Spirits has sold its Polish shares of the company to United Beverages Group having seen -€9.3m in sales in 2019.

Fever-Tree acquires German import company

Fever-Tree has acquired German import company Global Drinks Partnership after seven years working together to further grow its presence in Europe.

Pernod Ricard predicts -20% profit for FY20

Pernod Ricard has released a revised outlook for the 2020 financial year in light of the effects that COVID-19 is having on the drinks industry.

The Benevolent rebranded as The Drinks Trust

The Benevolent charity has been renamed The Drinks Trust and carries a new logo, website and objectives for the foreseeable future.

Campari Group donates €1m to Milan COVID-19 research centre

Campari Group has donated €1m to public healthcare institution ASST Fatebenefratelli Sacco in Milan, centre of national excellence in the research and treatment of highly contagious and dangerous diseases.

Illva Saronno splits from William Grant & Sons in UK

Premium Italian spirits company Illva Saronno, best known for producing Disaronno and Tia Maria, has announced plans to launch its own UK subsidiary, Disaronno International UK.

Vinexpo Hong Kong postponed until July over Coronavirus

In light of the current COVID-19 (Coronavirus) situation, Vinexpo Hong Kong has been postponed until 8-10 July 2020.

Codorníu cava gets new Germany deal

Eggers & Franke Group, Bremen, has signed a new deal for the distribution of cava brand Codorníu in Germany from April 1 onwards.

Vinexpo chief: Hong Kong show scheduled with back up date

Vinexpo CEO Rodolphe Lameyse has insisted that the Hong Kong show is still scheduled to go ahead despite fears over the Coronavirus.

Vinexpo considers standalone spirits show in Asia

Vinexpo CEO Rodolphe Lameyse plans to launch a standalone spirits show assuming the upcoming Vinexpo instalments are a success.

Sip and Savour launches for premium drinks industry

Five leading figures from the UK drinks scene have joined forces to create Sip and Savour, a strategic brand development and distribution business dedicated to launching and growing drinks brands internationally.

Diageo interim results in brief

Diageo has reported increased profits for the six months ended 31 December 2019 with a 4.2% rise in reported net sales.

Cask appoints new managing director

Cask Liquid Marketing has appointed Claire West as managing director following her role as head of prestige at Pernod Ricard.