Campari Group reports 37.1% sales increase
Campari Group has reported that organic sales increased 37.1% year-on-year during the first half of 2021.
Rioja is on a roll
Brits love Rioja – they’re recognisable, affordable, easy to purchase, delicious to drink, and great with foods all year round. While Tempranillo is a core mainstay for Rioja, there’s so much more to the wines from this region, with winemakers working hard to develop more innovative premium wines at all price levels.
Master of Malt predicts future drinking trends
Online retailer Master of Malt has unveiled three key trends that could define the spirits industry during the next year.
The Last Drop Releases 50 Year Old Scotch Blend
The Last Drop has made its first foray into spirits creation with the release of its 50 Year Old Signature Blended Scotch Whisky.
Foursquare Distillery in Barbados has won the coveted International Spirits Challenge 2021 Supreme Champion award for its Redoubtable 14 Year Old rum.
Brighter days ahead for the industry
Global alcohol consumption is expected to increase by 2.9% this year, according to new IWSR projections. Martin Green reports.
Praphakorn Konglee crowned Bacardí Legacy champion 2021
Praphakorn Konglee from Thailand’s Find the Locker Room bar has won the Bacardí Legacy Cocktail Competition 2021 with is drink ‘Out of Sight’.
Edrington reports year-on-year profit decline
Edrington has reported that pre-tax profit decreased 21% year-on-year to £178.4 million for the year ending 31 March 2021.
Pink Prosecco: not fizzling out
Drinks international catches up with the founder of The Emissary Prosecco, Ed Smith, to find out whether talk of a Rosé Prosecco shortage is cause for concern.
UK off-trade sales finally decline as bar trade rebounds
Sales of beers, wines and spirits have finally started to decline in the UK off-trade after bars were permitted to open their doors once again.
VSPT Wine Group reports strong Q1 sales
South American wine producer VSPT Wine Group posted a 27.6% sales increase during the first quarter of 2021 in spite of poor exchange rates.
Naked Wines shares drop 3% despite strong sales growth
Naked Wines stock decreased by 3% this morning after the online retailer posted an annual pre-tax loss of £10.7 million.
Analysis: Diageo's recovery mode in 2021
Diageo shareholders were toasting chief executive Ivan Menezes after he said they can expect to receive billions of pounds in share buybacks or special dividends. The Smirnoff, Johnnie Walker and Guinness producer announced that organic profit should grow by at least 14% in the year to 30 June.
Korean Soju giant Jinro has topped Drinks International's The Millionaire Club for the 20th year in a row having added 9m 9-litre cases in 2020.
Amber Beverage Group (ABG) has reported that net revenues in 2020 remained at 2019 levels despite an 8.4% drop in volumes due to the global pandemic.
Diageo stock increased by 4% this morning after it announced an improved profit growth forecast for the 2021 fiscal year.
Stock Spirits Group increased volume sales by 2% to 8.3 million 9-litre cases in the six months to March 31.
Campari Group reports 17.9% sales growth for Q1
Organic net sales at Campari Group increased by 17.9% to reach €397.9 million in the first three months of 2021.
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.
Jagermeister Scholarship, a programme that traditionally gives young bartenders the chance of a three-month internship in Berlin’s bars, will be hosted digitally for the second year running.
Lucas Bols reports 32% drop in revenue in 2020
Lucas Bols has reported an estimated 32% year-on-year decline in revenue for the 2020/21 financial year after widespread on-trade closures and travel restrictions due to the Covid-19 pandemic.
Henkell Freixenet reports 7.4% sales decline for 2020
Henkell Freixenet has reported that net sales decreased by 7.4% year-on-year in 2020 after the Covid-19 pandemic caused bars and restaurants to close for several months.
Errazuriz Wine Photographer of the Year Revealed
Oscar Oliveras has won the prestigious Errazuriz Wine Photographer of the Year award for this image of Semillon grapes being gathered in Saussignac, France.
Carlsberg reports 3.8% revenue increase
Carlsberg has reported organic volume sales growth of 11.5% for the first three months of 2021.
Global Bartending Talent Agency launches online marketplace and Helping Hospitality initiative
Global Bartending Talent Agency is launching an online marketplace that connects cocktail lovers with some of the world’s best bars.
Buffalo Trace launches second line of Kosher whiskeys
Buffalo Trace has released its annual supply of Kosher whiskey which is set to arrive at retail in May this year.
The Savoy launches first outdoors terrace with Bowmore
The Savoy in London has partnered with Bowmore single malt scotch whisky to launch the hotel’s first ever pop up terrace called Solas.
Kirker Greer Spirits gains French distribution deal
Kirker Greer Spirits has launched in France after securing a deal with wine and spirits importer, Maison Milhade.
Single Malts of Scotland launches new 11-year-olds
Independent whisky bottlers Single Malts of Scotland has added new 11-year-old whiskies as part of its Reserve Casks range.
US champagne imports down 19% in 2020
According to the Champagne Bureau USA, the exports of champagne to the US fell almost 19% in 2020 year-on-year.
New Zealand wine: Covid's highs and lows
While New Zealand has managed the pandemic better than most, a lack of tourism and difficulties with shipping have taken a toll on wine sales. Martin Green reports.
Concha y Toro net profits increased 48.6% in 2020
Leading Chilean wine producer Concha y Toro increased net profit by 48.6% to Ch$77,994 million (US$107.4 million) in 2020.
Glenfiddich Grand Couronne joins The Grand Series
Glenfiddich has bolstered its Grand Series range with the launch of a 26 Year Old Speyside malt called Grande Couronne.
An ambitious start-up aims to turn hard seltzers into a hot summer drinks trend within the UK market.
Fever-Tree co-founder dissects -3% revenue for FY20
Fever-Tree has announced full year revenue declines of 3% year-on-year for for the financial year ending 31 December 2020.
Heineken's Pure Piraña hard seltzer expands into Europe
Pure Piraña, Heineken’s hard seltzer brand, has announced an expansion into Europe following its exports into Mexico and New Zealand last year.
The UK government has announced a second consecutive duty freeze on spirits, wine, beer and cider.
The new era of Instagram earning
Trade shows – remember them? Before the world stopped we’d have attended a number of them throughout the year and be able to look down the list of recognisable guest speakers with their seminar titles. They were a source of great education which had been curated by the organisers to provide a spread of credible, engaging information.
Louis Roederer has been crowned The World’s Most Admired Champagne Brand for the second year in a row.
I Heart Wines sales exceeded 31m bottles in 2020
More than 31 million bottles of the I Heart wine brand were sold in 2020 after it enjoyed significant growth in several international markets.
Bowmore targets travel retail with 31 Year Old single malt
Bowmore has launched a limited-edition 31 Year Old single malt into the travel retail channel as part of its Timeless Series collection.
Campari Group reports profit decline for 2020
Campari Group has reported that net adjusted profit decreased 24.4% year-on-year to €202.1 million in 2020 as a result of the Covid-19 pandemic.
Kendall Jenner launches 818 Tequila brand
Kendall Jenner has become the latest celebrity to launch a tequila brand with the release of 818 Tequila on Tuesday 16 February.
Elixir Distillers granted planning to build 11th Islay distillery
Elixir Distillers has been granted permission to build a new distillery in Islay with construction set to begin this year.
Heineken to cut 8,000 jobs after sales decline by 11.9%
Heineken has announced plans to cut 8,000 jobs as part of an organisational restructuring effort designed to save €2 billion by 2023.
Foncalieu trains focus on rosé, ecommerce and innovation
Premium rosé, ecommerce and innovation in packaging will form the bedrock of Foncalieu’s strategy as it bids to enjoy a strong commercial performance in 2021.
Remy Cointreau Sales Surged in Q3
Remy Cointreau has reported 25.1% sales growth for the final three months of 2020.
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.
Alcoholic drink sales soared at UK supermarkets over Christmas
The alcoholic drinks category led the charge as UK supermarkets enjoyed their strongest ever Christmas trading period, according to Nielsen till scan data.