The body representing the spirits industry in the EU has welcomed a new trade strategy adopted by the European Commission today, which includes a “re-energised” approach to trade deals.
Wine producer Australian Vintage is stepping up its European ambitions with the creation of a new business manager post.
While Cognac exports have risen rapidly in Europe and North America in the three months to the end of July, the unsteadiness of the Asian market remains.
A July heatwave across much of northern Europe has led several winemakers to draw comparisons with the notoriously hot 2003 vintage.
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.
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