We caught up with Katie Souter of Vin-X to learn more about why fine wine could make an appealing investment opportunity during the current economic climate.
The UK government has announced a second consecutive duty freeze on spirits, wine, beer and cider.
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.
Freixenet Copestick celebrates strong Christmas trading
Freixenet Copestick cemented its status as the UK’s leading supplier of sparkling wine by increasing sales 21% over the Christmas trading period.
Remy Cointreau Sales Surged in Q3
Remy Cointreau has reported 25.1% sales growth for the final three months of 2020.
Naked Wines' James Crawford reflects upon H1 results
Drinks International caught up with Naked Wines’ chief financial officer James Crawford to discuss the firm’s impressive H1 results.
Naked Wines revenues increase 79.6%
Naked Wines enjoyed 79.6% revenue growth in the six months to September 28 after demand for online wine purchases soared during the lockdown.
Milestone Beverages eyes expansion across Asia Pacific
Joe Milner's Milestone Beverages has been driving expansion through Asia, and it is now eyeing new markets. Martin Green hears how the company plans to move forward.
BrewDog launches 2020 advent calendar
BrewDog has launched a craft beer advent calendar with support from DS Smith and Glenhaze.
AB InBev reports sales increase in Q3
AB InBev reported a 4% revenue increase in Q3 after enjoying surging sales in Brazil, Mexico and the United States.
Carlsberg returned to sales growth in Q3
Carlsberg increased its forecast for full-year earnings after enjoying organic volume growth of 2.4% during the third quarter.
UK off-trade sales enjoy 17% growth
The beer, wine and spirits category remained the star performer in the UK retail sector as it enjoyed 17% growth in the four weeks to October 3.
Diageo to purchase Aviation Gin in $610m deal
Diageo will purchase Aviation Gin and several sister brands in a deal worth up to $610 million.
US off-trade sales continue to surge throughout summer
Sales of spirits, wine and beer continue to soar in the US off-trade as shoppers shun bars and restaurants in favor of drinking at home.
Leading Chilean wine producer Concha y Toro has reported that Q2 consolidated sales grew 16.5% in difficult trading conditions.
Naked Wines has reported 81% year-on-year revenue growth during April and May as online orders spiked during the coronavirus lockdown.
Big Interview: Amber Beverage Group CEO Seymour Ferreira
Amber Beverage Group has tipped Australia and China to lead the way as the global drinks industry emerges from the coronavirus crisis.
Norway’s wine and liquor monopoly retailer has reported 28% volume sales growth during the first five months of 2020.
In-country representation key to wine success in Asia
Attracting younger wine drinkers and in-country representation is key to success in Asia, says research commissioned by Messe Düsseldorf, the company behind ProWein.
Sparkling wine
Susanne Stauß takes a closer look at the global sparkling wine market
Pernod posts best growth since before recession
Pernod Ricard has achieved its highest-level of growth since before the global recession, thanks to strong sales in Asia and a rallying performance in mature markets.
Distell reports 15% revenue growth and 9% sales increase
Distell, South Africa’s leading wine and spirits producer, has reported a 15% growth in revenue for the year to June 2012 and a 9.9% increase in sales volumes across its portfolio of wines, spirits and RTDs in both domestic and international markets.
Diageo announces net sales growth of 6%
Diageo has announced a 6% net sales growth and 9% increase in operating profit for the year ended June 30, 2012.
Campari H1 boosted by N America and Asia
Gruppo Campari has announced sales growth of 5% for H1 of 2012, with strong performances in North America and Asia Pacific offsetting difficulties in Germany, Italy and South America.
Concha y Toro commits to Fetzer
Concha y Toro, the largest wine producer in Latin America, is committed to developing and improving the Californian wine producer, Fetzer, which it bought from Brown Forman in March 2011.
Gruppo Campari has announced group pre-tax profit of €52.8 million for the quarter ending March 31, 2012.
The Philippines' Emperador leads the brandy world
The Philippines-based Emperador brand is the world’s number one selling brandy after more than doubling its volume sales during 2011.
Rémy Cointreau raises a cognac to Asia
Rémy Cointreau's consolidated turnover for the 2011/12 financial year was €1,026.1 million, an increase of 13% (up 15.6% organically) compared with the previous year.
SAB Miller reports solid growth
SABMiller plc has announced group revenue grew by 7% and group revenue per hectolitre was up 4% for the year to March 31, 2012.
Pernod Ricard UK has unveiled an initiative titled ‘Building Premium Wine Brands’, to bring growth back to the UK light wine sector.
Gifting still driving wine sales in China
Gifting remains the driving force behind wine sales growth in China, according to research by Wine Intelligence.
Pernod CEO rues Havana Club stagnation
Pernod Ricard’s CEO Piere Pringuet has spoken out about Havana Club’s flat half-year sales growth, branding its performance “disappointing”.
Heinekein posts net profits increase of 9.2%
Heineken has announced net profits of €1.5 billion before one-off items, an increase of 9.2%.
Pernod posts 11% sales and 20% net profit increases
Pernod Ricard has announced an 11% increase in sales and a 20% increase in net profit for the six months ending December 31, 2011.
Diageo posts 7% organic sales growth
Diageo has delivered 3% volume growth and 7% organic net sales increase for the six months ended December 31, 2011.
Beam reports strong 2011 fourth quarter and full year results
Beam Inc, the US-based global spirits company, has reported full-year net sales increases of 8%.
Pernod rolls out Redbreast 12 Cask Strength to US
Pernod Ricard will release Irish whiskey Redbreast 12 Cask Strength to the US in February, following the expression’s September launch to Ireland, Germany and France.
Heineken to up share in Haitian brewery
Heineken has declared an intention to increase its share in a brewery in Haiti to 95%.
Brown-Forman posts 12% half-year growth
Brown-Forman has reported double-digit half-year net sales growth after a strong performance from its Jack Daniel's brand.
Rémy Cointreau cites Asia in H1 profit spike
Rémy Cointreau has attributed its positive half-year profits to “remarkable” growth in Asia and “strong” performances in the US and Europe.
Fuller's posts half-year growth of 6%
London Pride brewer Fuller’s has announced half-year growth of 6% after registering a turnover of £128m.
Douglas Laing announces double-digit growth
Glasgow-based bottler and blender Douglas Laing & Co has attributed its 11% growth to the strong performance of Asian markets.
Burn Stewart Distillers posts profits
Burn Stewart Distillers, producer of brands Bunnahabhain and Scottish Leader, has announced net profits of £3.7 for the financial year ending December 31 2010.
Kofi Annan speaks at TFWA Cannes
The Tax Free World Association’s World Exhibition in the famous French resort of Cannes opened today (Monday September 5). Christian Davis reports from Cannes.
Maxxium Travel Retail outpaces market growth
Maxxium Travel Retail’s sales grew by 11% last year, outpacing European travel retail growth of 8%, according to findings by International Wine and Spirits Research (IWSR).
Nomacorc registers double-digit growth
US-based synthetic closure brand, Nomacorc, has announced it registered 10% year-on-year growth during Q1 and Q2 of 2011.
Absolut reports 6% growth
Absolut Vodka, part of the Pernod Ricard group, has revealed that its annual sales value and volume grew by 6% during the period July 1 2010 to June 30 2011.
Pernod posts 7% sales growth
Pernod Ricard has posted annual organic sales growth of 7% to achieve a turnover of €7.6b.
Diageo posts strong results
Diageo has cited ‘emerging markets’ as a reason for its positive results – including 16% growth in scotch whisky in emerging markets.
Campari buys Sagatiba and posts 14% growth
Gruppo Campari has announced the acquisition of Brazilian cachaça brand Sagatiba and half-year sales growth of 14.2%.