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Sunday 30 August 2015

Business

High tax on spirits gives rise to black market

A total of 32 tax increases across EU countries in the past two years have encouraged the black market to flourish, a spirits trade body has claimed.

Tuesday, April 28th, 2015 No Comments »

BrewDog launches £25m crowdfunding bid

BrewDog has launched its biggest crowdfunding bid to date, calling upon investors to help it raise £25 million.

Wednesday, April 22nd, 2015 No Comments »

Japanese wine market witnessing revival

The Japanese wine market has “come of age” after a 20 year hiatus caused by the Asian financial crisis in the late 90s, according to Rabobank.

Wednesday, April 15th, 2015 No Comments »

P Diddy takes aim at ‘fast-paced’ millennials

Diageo and US rapper P Diddy have launched a “next level” marketing campaign for Deleón Tequila aimed at a generation of consumers with a “short attention span”.

Tuesday, April 14th, 2015 No Comments »

LVMH posts strong first quarter profits

LVMH has posted a first quarter revenue increase of 16%, rising to €8.3 billion, but its wines and spirits division continued to lag.

Tuesday, April 14th, 2015 No Comments »

Constellation sees 24% net sales increase

Constellation Brands has reported a 24% increase to net sales in its 2015 end of year results, largely propelled by its Mexican beer business.

Thursday, April 9th, 2015 No Comments »

Diageo takes control of United National Breweries

Diageo has taken control of South Africa’s United National Breweries, having acquired the remaining 50% stake it did not already own.

Thursday, April 2nd, 2015 No Comments »

Canada’s taste for English gin ‘soaring’

Grape-distilled English gin Chilgove will be available in Canada from April, with interest in the spirit said to be “soaring”.

Thursday, April 2nd, 2015 No Comments »

BrewDog reports 69% profit rise

Scottish brewer BrewDog has reported a 69% increase in profit, marking a sixth consecutive year of record growth as its turnover continues to rocket.

Thursday, April 2nd, 2015 No Comments »

Bacardi claims stake in artisan Scotch

Bacardi has confirmed it has acquired a minority stake in independent Scotch whisky producer Compass Box – two days after entering the Bourbon market.

Wednesday, April 1st, 2015 No Comments »

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