Louis Vuitton Moët-Hennessy’s Q2 results have “far outpaced” analysts’ predictions on the back of strong fashion and drinks sales.
A Romanian producer is set to invest €2 million increasing its capacity to 20 million bottles per year following an “unprecedented” rise in exports.
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.
The average price of a bottle of beer is £1.07 in Krakow and Kiev, making them the cheapest cities in the world to buy beer, according to a recent survey.
Spirits producers in the EU will “achieve much more” if they follow a new strategy to focus on building exports outside the continent, a market report has claimed.
With 140 million bottles of British gin being exported a year, the government, suppliers and the industry’s largest trade body have teamed up to promote the category further.
European spirits producer Stock Spirits has warned shareholders of its “extremely weak” performance in the first quarter of 2015.
Global total volume growth remains subdued for a second year running, setting it up to be among the three lowest in the last decade.
Members of the European Parliament will today vote on whether calorie labelling should be made compulsory on all alcoholic drinks.
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.
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