A revived distillery in Glasgow is set to release what it claims is the city’s first gin brand, with a new “metropolitan” single malt whisky also in the pipeline.
New French legislation could see those who promote or incentivise binge drinking amongst youngsters face heavy fines and even a year in prison.
Diageo CEO Ivan Menezes has told investors to expect an improved performance this year, despite the company reporting a 1.5% decline in organic net sales for its first quarter.
Rémy Cointreau has stood by its prediction of a return to growth this year as the drinks group reported a -5.6% organic sales decline in its first half results.
The Hong Kong Trade and Development Council’s Wine & Spirits fair will take place in Hong Kong next month with new exhibitors and features.
LVMH has reported a 4% increase to its revenue for the first nine months of 2014, however wine and spirits was its only category not to achieve any growth.
The International Wine & Spirit Competition has announced seven shortlisted candidates for this year’s Outstanding Achievement Award in the Scotch Whisky Industry.
Pernod Ricard has rebuffed claims its Korean arm was fined £5 million by the country’s tax service, stating there were merely “differences of interpretation” in relation to an audit.
Tesco has suspended three executives – including its director for beer, wine and spirits – as part of an investigation into a £250 million profit overestimation.
Younger consumers’ thirst for popular favourites such as the Mojito has driven an increase in UK on-trade cocktail sales of over 10% in the last two years, according to a new report.
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