The outlook is favourable for future alcohol sales, according to the IWSR, which claims that global alcohol consumption could grow in value by £61 billion within the next four years.
While the prolonged hot weather across the UK is expected to yield a record grape crop, the same cannot be said for barley. Matthew Russell, co-founder of Kentish craft distillery Copper Rivet, believes the larger producers will be hardest hit.
A small distillery in Virginia received a 108-page objection to its company logo from energy drinks giant Monster, and despite its size, has vowed to fight back against what it's calling greedy behaviour and bullying.
Drinks giant Diageo’s organic net sales rose by 5% to £12.2 billion in its 2018 fiscal year, which CEO Ivan Menezes dubbed a “strong, consistent performance”.