Campari chief executive resigns after five months
Campari Group chief executive, Matteo Fantacchiotti, has announced his resignation after only five months in the role.
Patrón enters cristalino category
Patrón has entered the cristalino tequila market for the first time which the brand has declared additive free.
Labour Party outlines plans to support British pubs
The Labour Party’s plan for UK high streets aims to replace the business rates system, cutting energy bills and giving communities the ‘right to buy’ community assets, like pubs.
Distillers One of One Auction raises £2.25m
The Distillers’ Charity hosted its second biennial One of One Auction, in partnership with Sotheby’s, comprising a selection of ultra-rare Scotch whiskies.
The new Hospitality Market Monitor from CGA by NIQ and AlixPartners has revealed that in the last 12 months, Britain has lost around one in 18 of its licensed premises, 5,736 pubs, hotels, restaurants, bars and cafes.
Two Shores Rum launches in the UK
Two Shores Rum, the sustainably sourced rum created with pure sugar cane and distilled in Central America, is launching in the UK market.
Campari Group Q3 growth driven by aperitifs
Campari Group has released its results for the first nine months of 2022, which saw strong performance and net sales of €2,005.7 million, up +27.3% on a reported basis.
2022 Harvest Report from Jackson Estate
With the 2022 harvest now completed, the team at Jackson Estate have reflected on the last few months, describing it as “a vintage of challenge”.
Cava sees significant growth in the first nine months of 2021
Sales in the first nine months of 2021 of sparkling wines made under the protection of the DO Cava have increased by 16.45% on the same period in 2020.
UK gin producers lobby for tax break
UK gin producers have called upon Chancellor Rishi Sunak to freeze duty on spirits after revealing that exports have plummeted 35% as a result of the pandemic.
Pernod Ricard increases profit guidance to 16%
Pernod Ricard’s share price increased 2% this morning after the firm raised its profit growth estimate following “greater than expected business dynamism”.
Industry economics showing promise for 2021
The global economy is now expected to grow by 6% this year after developed nations ramped up the Covid-19 vaccination drive, according to the International Monetary Fund.
A synchronised sigh of relief was heard right across the Armagnac region last year as the news broke of Donald Trump’s defeat in the US election.
Pernod Ricard’s global sales have seen a 1.7% organic growth for the first nine months of FY21 which totalled €6,941m.
Scotch whisky producers are celebrating after the US government announced it would suspend tariffs on various UK goods for four months.
Wine.com sales increased 119% during 2020
U.S. online retailer Wine.com has revealed that revenue increased 119% year-on-year to reach $329 million during 2020.
Heineken beats expectations in strong Q3
Heineken beat analysts’ expectations by reporting a volume sales decline of just 1.9% during the third quarter of 2020.
Remy Cointreau raises guidance after 16.4% sales decline
Remy Cointreau has reported a 16.4% decrease in sales for the first half of its fiscal year after the pandemic ravaged its on-trade business.
Naked Wines has reported 81% year-on-year revenue growth during April and May as online orders spiked during the coronavirus lockdown.
Cape Wine pushed back to 2022 due to Covid-19 pandemic
Wines of South Africa has moved trade show Cape Wine from September 2021 to October 2022 as a result of the Covid-19 pandemic.
Pernod Ricard sales decrease 15% due to Covid-19 disruption
Pernod Ricard has revealed a 15% organic decline in sales for the three months to March 31.
Chateau Haut Gleon Blanc 2012 released
Les Vignobles Foncalieu’s AOC Corbieres Chateau Haut Gleon Blanc 2012 has launched, targeted at the on-trade in Germany, China and the UK.
Jacquesson releases single-vineyard champagnes
Champagne Jacquesson has announced the launch of two single-vineyard champagnes from 2002 to global markets.
Glenglassaugh shows its spirit
The Glenglassaugh Distillery Company has launched a range of “Spirit Drink” products. The aim is to give malt whisky fans the opportunity to sample the evolution of the spirit that will eventually become whisky.
A major scientific study into the storage of wine in different forms of packaging has revealed that the bag-in-box, single-layer PET and small multi-layer PET altered the character of white wines when stored over six months, with oxidation clearly noticeable.
Australia: Beelgara moves into Europe
Australia: Wine exporter Beelgara has appointed Jaap Sonnemans as its new European market manager.