An untapped gap in the US market for premium brandy could be worth nearly $1 billion, if producers are able to capitalise on its potential, according to Rabobank.
The UK’s major on-trade outlets saw like-for-like sales edge up 1.6% in February, continuing a near two-year trend of post-recession growth, according to the Coffer Peach Business Tracker.
Heineken has announced plans to invest US$470 million in building a new brewery in Mexico – its seventh in the country.
Suntory is suing Japanese rival Asahi and calling for a court to suspend sales and production of its non-alcohol beer-flavoured drinks amid claims of trademark infringement.
The chief executive of the Wine and Spirit Trade Association has called a report into tackling alcohol harms in the EU “disappointing”, after it suggested taxing alcohol based on its abv.
One of the UK’s largest brewers, Molson Coors, has re-launched its wholesale business, but having dropped the term “wholesale”, believing it does not fully reflect its offering.
Amid rumoured mergers and premiumisation, Amin Alkhatib, drinks analyst at Euromonitor, shares his top strategies for beer and cider in 2015.
Diageo has confirmed its commitment to Don Julio Tequila by pledging $400 million in its future, with plans to expand production and build a heritage centre in Jalisco.
Dan Jago is to return to Tesco in a new role following his suspension as its head of BWS amid a financial probe into a £263m “black hole” in the supermarket’s finances.
Sales of Franciacorta wines in the UK rose by 172.5% in volume throughout 2014 compared with the same period in 2013, according to new figures.
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