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8 August, 2025

Tariffs on EU wine and spirits could result in $2 billion in lost sales

The 15% tariffs on EU imports to the US could result in “more than 25,000 American job losses and nearly $2 billion in lost sales”, a coalition of alcohol associations and guilds has warned.

US-based drinks group Constellation Brands has sold off Copper & Kings American Brandy to the newly established, Kentucky-based Bourdon Spirits Company

Rob Symington has been appointed managing director UK for Berry Bros & Rudd and will be effective from September.

Spirits giant, Diageo, has revealed a 28% decline in year-on-year operating profits in the 12 months to the end of June.

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Uncle Nearest founder Fawn Weaver has hit back against allegations that the Tennessee distillery has defaulted on $100m in loans.

Viña Concha y Toro has announced that Rafael Guilisasti Gana, vice chairman of the firm, has been appointed to chairman of the board as Alfonso Larraín Santa María leaves the position.

Former Diageo president of North America, Deirdre Mahlan, has been appointed as interim chief financial officer for the company.

Budweiser owner AB InBev has announced its second-quarter sales volumes, which saw a drop due to weak demand in Brazil and China, resulting in a 1.9% decline in global volumes.

Zamora Company, owner of Licor 43 and Ramón Bilbao, has published the fifth edition of its Conscious Company Report for 2024.

The UK government is introducing new rules to fast-track licensing for venues and protect them from noise complaints.

The EU and US have struck a trade agreement following months of standstill between the economic partners.

Concha y Toro has opened a new visitor centre in Chile, with the goal to elevate the country’s wine tourism offering and celebrate Chilean wine culture.

Long-serving member of the Wine & Spirit Education Trust Gareth Lawrence has passed away following a long period of poor health.

The Comité Champagne has announced the conditions for this year’s upcoming harvest, after Champagne winegrowers and houses met in Épernay.

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