UK-based distiller Stock Spirits has issued a profit warning after a 15% alcohol duty hike in its main market of Poland created a “very tough” trading environment.
C&C Group has hit out at “discriminatory” behaviour from Polish authorities, who forced it to remove advertising for cider brand Magners from team shirts during a Champions League match.
A Cognac was launched in Poland yesterday using a range of extremely rare distillates, the oldest of which dates back to 1805.
An extremely rare, limited edition, Cognac using spirits that pre-date the arrival of phylloxera is to be launched later this month.
Catching drink drivers could soon be as simple as pointing a laser, thanks to a device that can detect the presence of alcohol inside a moving car.
Stock Spirits, the Buckinghamshire-based company which is the largest producer of vodka in Poland and the Czech Republic, made a successful debut on the London stock market earlier this week.
The list of drinks groups quoted on the London Stock market is being augmented later this month with shares in Stock Spirits to be put up for sale.
With growing economies and many with a wine heritage of their own, is the steady development of Eastern Europe better for Champagne than the bright lights of the Far East?
Rabobank has reminded the trade not to ignore emerging markets such as Nigeria and Mexico as attention becomes increasingly fixed on the Far East.
The Central European Distribution Corporation has posted a pessimistic outlook for the Russian and Polish vodka markets as the company posted a net loss of US$1,291.8 million.
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