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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.
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.
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.
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.
Lameyse: New Vinexpo JV a "fantastic opportunity"
Vinexpo CEO Rodolphe Lameyse said the new joint venture with Comexposium will make it the number one wine and spirits events company in the world.
Vinexpo merges with events company Comexposium
Global event organiser Comexposium and Vinexpo have entered into exclusive negotiations to create a new joint venture entity.
Majestic Wine sales up 4.3% in late 2019
A renewed focus on in store experience and a revamped product range has seen growth of 4.3% at Majestic Wine for the final quarter of 2019.
IAADFS moves to Palm Beach for 2021
The International Association of Airport and Duty Free Stores (IAADFS) will move the Summit of the Americas from Orlando to Palm Beach, Florida in 2021.
Amber Beverage Group acquires Mountain Spirits
Global spirits group Amber Beverage Group has completed the acquisition of a controlling interest in Austrian distribution and wholesaler company Mountain Spirits.
New York-based Stoli Group USA has been given a $42m asset-based credit loan by Citizens Commercial Banking.
Pernod Ricard acquires Castle Brands
Pernod Ricard has completed the acquisition of Castle Brands by a subsidiary of Pernod Ricard SA, through a cash tender offer followed by a short-form merger.
