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Hannah Sharman-Cox and Siobhán Payne to acquire London Cocktail Week
Following its sixteenth edition, co-founders Hannah Sharman-Cox and Siobhán Payne have announced their acquisition of the brands London Cocktail Week and London Wine Week from the ownership of Speciality Drinks.
Pernod Ricard sees sales drop -14% in Q1 FY26
French spirits group Pernod Ricard has reported a decline in sales for the first quarter of fiscal 2026.
Stock Spirits Group names Steven Libermann as chief executive
Stock Spirits Group has appointed Steven Libermann as its chief executive officer, effective 1 December 2025.
Spiribam France adds seven brands to distribution network
Spiribam has announced that its French subsidiary will handle the distribution of seven new partner brands across France.
Michael Merolli named new Havana Club CEO
Havana Club has announced that Michael Merolli will take over as CEO from industry veteran Christian Barré.
Pernod Ricard sees drop in sales driven by declines in US and China
French spirits group Pernod Ricard has reported a 3% decline in organic net sales in fiscal 2025 as trading uncertainties in the US and China continue to hinder growth.
Treasury Wine Estates sees profits rise as Penfolds expands in China
Australian wine group Treasury Wine Estates (TWE) has reported a 16% growth in its annual underlying profit results for fiscal 25.
Tariffs on EU wine and spirits could result in $2 billion in lost sales
The 15% tariffs on EU imports to the US could result in “more than 25,000 American job losses and nearly $2 billion in lost sales”, a coalition of alcohol associations and guilds has warned.
Diageo profits slump despite growth in sales
Spirits giant, Diageo, has revealed a 28% decline in year-on-year operating profits in the 12 months to the end of June.
EU-US trade deal leaves wine and spirit sector in the dark
The EU and US have struck a trade agreement following months of standstill between the economic partners.
Proof & Company Spirits enters provisional liquidation
Proof & Company Spirits, the distribution arm of Singapore-based spirits and F&B group Proof & Company, has entered provisional liquidation.
Two-thirds of hospitality workers “build lasting careers in the industry”
Drinks industry not-for-profit, Celebrate Her, has revealed the findings of a global survey, conducted in partnership with Allara Global and CGA by NIQ, that shows the reality of working in the hospitality industry.
Gen Z alcohol consumption “now broadly in line with other generations”
Gen Z is now not drinking less than older generations of consumers, IWSR’s latest Bevtrac survey has revealed.
Diageo agrees deal to offload its operations in Italy
Drinks group Diageo has agreed to the sale of Diageo Operations Italy to Italian-based food and drink company NewPrinces (formerly Newlat Food).
The US expected to scrap alcohol limit guidelines
The US government is expected to drop the recommendation that adults limit their alcohol consumption to one or two drinks a day from its dietary guidelines.
Pernod Ricard announces restructure as spirits sales decline
French spirits giant Pernod Ricard has announced a restructuring plan that threatens to result in job losses as spirits sales continue to slide.
Radico Khaitan withdraws brand name of new single malt following backlash
Indian sprits group, Radico Khaitan, has withdrawn the brand name Trikal from its new range of single malt whisky following criticism surrounding the branding’s religious iconography.
Rémy Cointreau names new chief executive
The Rémy Cointreau board of directors has announced Franck Marilly as its new chief executive, taking office on 25 June 2025, succeeding Éric Vallat.
Class action lawsuit accuses Diageo of misleading customers
A class action lawsuit filed in the US District Court of the Eastern District of New York has alleged that Diageo North America has falsely marketed its tequila brands as 100% agave.
Global travel retail challenges see Pernod Ricard Q3 sales fall 3%
Pernod Ricard saw its organic net sales decline by 3% in the third quarter of fiscal 2025 driven by sharp declines in global travel retail.
Suntory launches water sustainability company
Suntory Holdings has announced the launch of a new company dedicated to helping communities achieve long-term water security.
Diageo backs out of Distill Ventures
Diageo will no longer bring new brands into its Distill Ventures accelerator program, a Diageo spokesperson has confirmed.
Canada begins to pull US-made liquor from shelves
Several Canadian provinces have removed American-made liquor from store shelves in retaliation against Donald Trump’s tariffs on Canadian imports.
Anora appoints Kirsi Puntila CEO
Kirsi Puntila has been appointed the new CEO of Anora Group effective immediately.
International Beverage invests in China with Asiaeuro acquisition
Premium spirits business International Beverage, the international arm of Thai Beverage Public Limited Company (ThaiBev) has acquired Asiaeuro International Beverage (AIB).
Southern Glazer’s completes acquisition of Horizon Beverage Group
Southern Glazer’s Wine & Spirits has expanded its distribution network in the US with the acquisition of New England-based distributor Horizon Beverage Group.
Zero alcohol sector to grow by $4 billion by 2028
The zero alcohol drinks market is expected to grow by $4 billion by 2028 according to new data from IWSR.
Diageo fined £537k after distillery worker suffers severe burns
Johnnie Walker-owner Diageo has been fined £537,000 at Inverness Sheriff Court after a worker suffered severe burns at its Glenlossie Distillery near Elgin.
Suntory promotes EVP Nobuhiro Torii to president
Suntory Holdings has appointed Nobuhiro (Nobu) Torii, the company’s current executive vice president, as the new president, effective 25 March 2025.
DISCUS warns Trump’s proposed tariffs on spirits will “lead to job losses”
The Distilled Spirits Council of the United States (DISCUS) has warned that tariffs proposed by President-elect Trump "are going to hurt US consumers and lead to job losses".
UK budget a “betrayal” to Scotch whisky
In the Labour government’s first budget in 14 years, chancellor Rachel Reeves revealed that duty on alcohol would increase in line with the Retail Price Index in the new year.
Pernod Ricard to sell off local Nordic brands
French spirits group Pernod Ricard has announced that it has signed an agreement to sell its Nordic local brand to Finnish multi-beverage company, Oy Hartwall AB.
Anora Group chief executive to retire
Nordic wine and spirits brand house, Anora Group, has announced the retirement of chief executive Jacek Pastuszka.
William Grant & Sons to buy The Famous Grouse and Naked Malt from Edrington
William Grant & Sons has has reached an agreement to purchase The Famous Grouse and Naked Malt brands from Edrington.
Rémy Cointreau appoints Pernod Ricard veteran as UK managing director
French drinks group Rémy Cointreau has appointed Lee James as managing director for its UK, Ireland and Nordic markets.
Master of Malt once again founder-owned
AB InBev’s ZX Ventures arm has sold Master of Malt, Maverick Drinks and Atom Brands back to original founder Justin Petszaft, six years after acquiring the business.
Mangrove Global and Waitrose expand partnership
Spirits distributor Mangrove Global is bringing a selection of international brands from its independent spirits portfolio to UK customers nationwide, through an extended partnership with supermarket chain Waitrose.
Campari forecasts “temporary headwinds” in H1 results
The group experienced H1 net sales of €1.523 billion, an increase from €1.457 billion during the same period last year.
Diageo ends distribution deal with Moët Hennessy in France
Diageo has recovered the distribution of all its brands in France which are currently distributed by the joint venture Moët Hennessy Diageo France.
Consumer downtrading slows China’s market recovery
China’s alcohol market recovery has faltered amidst consumer downtrading and high inventories, new IWSR data has revealed.
Maison Ferrand completes acquisition of Identity Drinks
Maison Ferrand has announced that it has acquired UK-based distributor Identity Drinks marking the launch of Maison Ferrand UK.
Zamora Company sets record sales in 2023
Zamora Company has announced record turnover for 2023 with €268 million and a 21.5% increase in sales since 2021.
Carlsberg agrees £3.3bn takeover fee of Britvic
Danish company Carlsberg has agreed a £3.3bn deal to buy the UK business of Britvic as well as the remaining 40% share in its joint brewing venture with Marston’s.
Edrington sees full year sales rise 11%
Scottish spirits company Edrington saw its core revenue rise 11% for the year to 31 March 2024, driven by The Macallan which saw double-digit growth.
Imbibe Live to join BCB family
RX, the organiser of the BCB trade events, has announced that from 2025, Imbibe Live will join the portfolio and rebrand as BCB London.
Avallen founders launch sustainability consultancy
The founders of Avallen Spirits, the owner of Avallen Calvados, Stephanie Jordan-Balmforth and Tim Etherington-Judge, have announced a new consultancy company.
Suntory establishes Indian base
Japan’s Suntory Holdings has announced the creation of a new division in India to accelerate growth within the region.
UK spirits market declined by 5% in 2023
Spirits volumes declined by 5% in the UK last year amid excise duty changes, the cost-of-living crisis, and a trend towards moderation according to a new report from IWSR.
Diageo sells its shareholding in Guinness Nigeria
Diageo has announced that Singapore-based consumer group Tolaram is set to acquire Diageo’s 58.02% shareholding in Guinness Nigeria.
Suntory Holdings denies Boston Beer acquisition talks
The parent company of Suntory Global Spirits has denied being in early discussions to acquire Boston Beer Co (BBC) amid claims.
