The Millionaires’ Club 2024 has revealed that 44% of the world’s major spirits producers showed volume declines in 2023 as global recession and inflation takes effect.

Maison Villevert’s La Quintinye Vermouth Royal and Nouaison Gin, have launched a global fundraising initiative across 20 countries to raise money for non-profit organisation, Wine To Water.

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.

Online retailer Wine Access has acquired Napa Valley merchant 750 Wines for an undisclosed fee.

Boutique producer Churchill’s has launched a direct-to-consumer port club targeting the UK market.

Canada’s third largest cannabis company has agreed a $300 million deal to purchase Atlanta-based brewer SweetWater.

Entries are now open for this year’s Drinks International Travel Retail Awards. The awards will take place during the TFWA World Exhibition in Cannes.The magazine has announced a new venue for this year’s awards – the Bay Restaurant within the Palais des Festivals et des Congres complex.