The wine industry has been urged to “assess the threat” posed by the recent growth of the cider category in global markets by Rabobank in its Wine Quarterly report.
Conviviality Retail has confirmed that it is in talks to buy Matthew Clark, one of the UK’s largest on-trade drink suppliers.
Bacardi has taken full ownership of Leblon Holdings LLC, including its cachaça brand Leblon, the latest in a rash of acquisitions by the producer.
Bacardi has expanded its portfolio of super-premium rums with the acquisition of Banks for an undisclosed sum.
A German entrepreneur has trademarked the word “Grexit”, referring to Greece’s possible exit from the Euro, and is launching a satirical vodka-based drink off the back of it.
Molson Coors UK has acquired the rights to Swedish cider Rekorderlig in the UK – its first foray into the premium cider category.
Yealands Family Wines’ owner Peter Yealand has agreed to sell 80% of the company to a Marlborough-based business for NZ$89 million (£38.1m).
Tesco’s like-for-like sales fell by 1.3% in the three months to 30 May, an improvement on the previous quarter and a “step in the right direction”, according to its chief executive.
Scotch whisky is moving beyond its traditional consumer base and has “regained its attractiveness” following a “challenging year”, according to the CEO of Chivas Brothers.
French spirits producer Rémy Cointreau has said it is open to acquiring new brands in an effort to further premiumise its portfolio.
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