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Conviviality sales double to £1.5bn
Conviviality Plc, the UK’s leading independent wholesaler and distributor of alcohol, has almost doubled its sales to £1.56bn for the financial year ending 30 April 2017.
Global drinks market declines in 2016
Research conducted by Euromonitor International shows that the global alcoholic drinks market declined by 0.2% in 2016, the second year in a row the industry has depreciated.
Cellar Trends gets investment from Amber Beverage Group
UK distributor Cellar Trends has announced an investment from the Amber Beverage Group, the largest alcohol manufacturer and distributor in the Baltics.
TWFA announces record attendance for Asia Pacific show
The TFWA has announced a record number of exhibitors for the 2017 Asia Pacific Exhibition & Conference in Singapore between 7 -11 May.
Sapporo sues Japan government over tax rates
Sapporo Breweries in Japan has filed a lawsuit against the Japanese government seeking a tax return for the amount paid on its Goku Zero beer.
Pernod Ricard launches Global Travel Retail company
Pernod Ricard has announced its new organisation Global Travel Retail which will combine its travel retail activities.
Duty Free World Council studies travel retail in Americas
The DFWC have reported ‘significant progress’ on an Economic Impact Study on the importance of the duty free and travel retail industry in the Americas.
WSTA disagrees with Legislation Act review
The Wine and Spirit Trade Association believes that recommendations made by the House of Lords in their report on the Legislation Act 2003 would ‘not be sensible’.
Britvic points to healthy lifestyles for bigger sales
Britvic believes that consumers choosing ‘healthier living and moderate drinking’ is the reason for the increase in sales for 2016.
WSET Week USA set for May launch
The Wine and Spirit Education Trust will host the first WSET Week USA from May 1-7, 2017.
Brexit: ‘UK wine trade needs support’
A UK politician believes that the British government must support ‘frictionless trade’ with the EU following Brexit to save 270,000 jobs in the UK wine industry.
AB InBev gives the green light
Anheuser-Busch InBev has announced plans to aquire 100% of its purchased electricity from renewable sources by 2025.
VINEXPO to host Brexit plans in France
VINEXPO will address the key Brexit issues facing the wine and spirits industry at its 2017 wine show in France on June 20.
WSTA: Frictionless borders needed to prevent smuggling
The WSTA has warned that Brexit talks must achieve “frictionless borders” to avoid alcohol smugglers at ports.
Stephenson to aid Lidl UK spirits team
Lidl UK has announced Tristan Stephenson will consult on its spirits range, working closely with its buying team.
Mahesh Madhavan to become Bacardi CEO
Bacardi has announced that Mahesh Madhavan, a 20-year Bacardi veteran, who is currently a member of the company’s global leadership team and regional president of Asia, Middle East & Africa, will succeed Michael Dolan, who will retire as CEO, effective April 1, 2018.
Vinexpo CEO Guillaume Deglise was in London today (March 1) to extol the virtues of attending the Bordeaux show in June (18-21).
Agile Media appoints DI commercial director
Rob Cullen has joined the expanding Agile Media team as Drinks International’s new commercial director, replacing Roger Betriu.
Gruppo Campari buys Bulldog gin
Gruppo Campari has announced the acquisition of super premium gin, Bulldog for US$58.4 million (€54.1m).
Diageo: currency pressures won’t push up prices
Diageo has said that the weak pound will not see immediate changes in its prices.
Diageo posts volume and value rises
Diageo has announced growth across all its regions, with 1.8% overall organic volume growth and 4.4% organic net sales growth in the half year period to December 31.
Fever-Tree posts positive results
Fever-Tree has announced that its full year revenue is expected to be circa £102.2 million, which is growth of 73% on 2015.
Advini buys Lapalu family estates
Antoine Moueix Properties, a subsidiary of the major French wine producer Advini, has announced the purchase of approximately 400 hectares of vineyards on both the right and left banks of Bordeaux.
Beam Suntory takes over Sipsmith
Beam Suntory has taken over British craft gin and vodka producer, Sipsmith.
Gruppo Campari to sell Italian wineries
Gruppo Campari has announced the sale of Italian wineries Sella & Mosca and Teruzzi & Puthod for €62 million.
William Reed acquires World's 50 Best Bars
William Reed has acquired The World’s 50 Best Bars awards from Drinks International’s publisher Agile Media.
Constellation Brands has announced the sale of its Canadian wine business and is buying Charles Smith Wines, High West Distillery and a minority stake in Bardstown Bourbon Company.
Codorníu Raventós announces new UK MD
Matteo d’Imporzano has been appointed managing director of Codorníu in the United Kingdom and Ireland.
Anheuser-Busch InBev completes SABMiller purchase
Anheuser-Busch InBev has announced the completion of the deal to buy SABMiller.
William Grant reports record profit
William Grant & Sons has reported a record profit after tax of £147.4m*, an increase of 8.9% year-on-year.
Ian Macleod Distillers buys Spencerfield Spirit Company
Ian Macleod Distillers has announced that it has bought the Spencerfield Spirit Company, including its flagship brand, Edinburgh Gin.
Edrington, has announced the location of its new international headquarters: 100 Queen Street, by Glasgow’s Royal Exchange Square.
Sazerac acquires Last Drop Distillers
The Sazerac Company has acquired The Last Drop Distillers for an undisclosed amount.
Pernod Ricard to reduce number of SKUs by up to 30%
Pernod Ricard has outlined a global initiative to reduce ‘portfolio complexity’ by reducing the number of SKUs by up to 30% in some markets.
Pernod reports full year profit rise
Pernod Ricard has reported profit from recurring operations, the measuring stick that analysts and the company use, rose 2% during its fiscal year 2015/16 to €2.28 billion.
Famous Grouse Experience shortlisted for tourism award
The Famous Grouse Experience at Glenturret Distillery has been shortlisted at the Courier Business Awards in the tourism, leisure and hospitality business of the year category.
Bar Convent Berlin organisers have announced that the UK will be this year’s ‘country of honour’.
EU alcohol duties system works
The EU Commission has set out the initial findings and possible revision of the alcohol excise duty structure.
Edrington has announced the appointment of Paul Hyde as its new chief financial officer.
The Wine and Spirit Trade Association has reached out to help establish and offer on-going support to a new alliance of small distillers and other spirit producers.
Stock Spirits results for the six months ended 30 June 2016
Stock Spirits Group, a leading central and eastern European branded spirits producer, has announced its results for the six months to June 30 2016.
Campari group reports half year results
Gruppo Campari has reported sales of €743.9 million and group net profit €67.2m, down -13.8%.
Conviviality appoints David Robinson
Conviviality Plc, the UK's leading independent wholesaler and alcohol distributor and franchised retail outlets, has appointed David Robinson to the board as managing director of Conviviality Retail.
Diageo: net sales down, profits up 1.6%
Diageo has reported that net sales are down 3% but operating profit grew 1.6% for the year ended June 30, 2016.
Diageo welcomes report on reducing alcohol-related harm
Diageo has welcomed the release of the latest Producers’ Commitments report by the International Alliance for Responsible Drinking.
Edrington has announced profits of £72.7m for the year ended March 31, 2016, down £7m on the previous year.
Food and Drink Federation calls for Brexit safeguards
The Food and Drink Federation has called on the new UK Prime Minister Theresa May to safeguard the interests of Britain’s food and drink manufacturers’ in negotiations to leave the European Union.
Diageo and WaterAid announce international partnership
Diageo has announced a five year partnership with WaterAid, an international NGO providing access to safe water and sanitation in some of the world’s poorest communities.
Lords inquiry into effectiveness of UK licensing legislation
A House of Lords Committee, set up especially to look at the Licensing Act 2003, and the liberalisation of opening hours in the UK, has launched its investigation.
Johnnie Walker to have per serving alcohol content and nutritional information on pack
Diageo has announced that Johnnie Walker is to have new packaging which will display on-pack alcohol content and nutritional information per typical serve.
