Illva Saronno Holding acquires Engine gin
Illva Saronno Holding has announced the acquisition of Engine gin to “strengthen its presence in the gin world”.
Premium sales drive growth for Viña Concha y Toro in 2021
Viña Concha y Toro has reported that profits rose by 26.7% in 2021 with sales of premium wines accounting for more than half of company revenues for the first time.
US wine tariffs threaten UK market shape
The UK’s most popular wines could disappear from supermarket shelves and pubs after the government proposed a 25% tariff on all wine imports from the US.
US spirits industry applauds UK for suspending retaliatory tariffs
The US spirits industry has applauded the UK’s decision to suspend retaliatory tariffs on American rum, brandy and vodka once it leaves the EU on January 1.
The US government has announced that the existing 25% tariffs will remain on single malt Scotch for the foreseeable future.
Remy Cointreau expects 9% revenue decline
Remy Cointreau expects to report a 9% decrease in revenue for the 2019/20 fiscal year due to the impact of the coronavirus pandemic.
Austrian wine exports set a record
Exports of Austrian wine by value have exceeded estimates as a result of higher prices and a decline in bulk wine.