Central and Eastern European spirits producer Stock Spirits has announced that potentially €6 million of allegedly fraudulent payments were made within its Polish business over the last five years.
Wild Turkey showed signs of struggling to capitalise on the current Bourbon boom, as owner Gruppo Campari announced a pre-tax profit fall of -15.7% in its end of year results.
Coravin has brought in former Nespresso executive Frédéric Levy as CEO to help the wine access tool expand its footprint further across Europe and Asia.
Pernod Ricard saw net profits drop 5% in the first half of 2014/15, as the company announces its financial results and the appointment of Alexandre Ricard.
Global Cognac exports saw another dip in 2014 as the category came up against “a conflicting and unstable economic backdrop”.
While some bar owners are retreating into the past opening 1920s-style speakeasies, others are pushing into the future dreaming up bars that embrace cutting-edge technology.
Cypriot winemakers are refining their unique traditions and varieties for a modern marketplace.
Russia has banned 200 batches of imported wine found in violation of the country’s “mandatory requirements”.
Gulf airline Emirates has announced it has spent US$500 million in “long-term investment” in its fine wine programme over the last decade.
Brewing giant AB InBev has seen global beer volumes slide by 2.7% in its third quarter, driven down by declines in Europe, especially Russia.
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