The producer of Officer’s Choice and Sterling Reserve has said it would issue shares worth up to $120 billion as it looks to gain ground in an Indian whisky market increasingly dominated by Diageo/Untied Spirits and Pernod Ricard. The additional $60 billion will be raised through the sale of existing shares. In the latest addition of Drinks International’s The Millionaires’ Club, the ABD-owned Officer’s…
“OMU Vodka is the first Romanian vodka produced 100% by the Alexandrion Group team, and we have the responsibility to take it to the top of the category,” said Dr. Nawaf Salameh, founding chairman of the Nawaf Salameh Family Office which owns Alexandrion Group. “We have two other vodka brands in our portfolio, Kreskova Vodka and Alexander, which are successful nationally and internationally, but they…
Last year, Nemiroff had the unenviable honour of topping our biggest decliners list. War had arrived at the door of the Ukrainian vodka brand and the associated chaos resulted in a 57% drop in sales. But while Nemiroff was down, it was by no means defeated. In 2023, it grew by 40% and the brand is firmly on the road to recovery, with pre-Covid volumes…
The Blind Spot will take its inspiration from the late nineteenth century, with Kumar naming television show Peaky Blinders as an inspiration. “The glassware, the service station and the staff attire has all been thoughtfully implemented to ride along with the theme,” explained Kumar. “The décor. A combination of royal green and woodwork, alongside golden lighting makes you feel like you are stepping back in…
Tommaso Cecca has one of modern bartending’s more unusual roles. One part bar manager, one part brand ambassador, he conducts a hybrid role on both sides of the bar at Camparino in Galleria. Located on Milan’s Piazza Duomo, the bar was opened in 1915 by Davide Campari, son of Gaspare Campari, the founder of the company which owns the bar to this day. “It’s a…
Catering to cocktail aficionados, the intimate bar allows 12 guests at a time to experience cocktails using vintage spirits alongside some of the Camparino’s most innovative serves. “For 50 years, we know that Campari was produced in the basement of the Galleria, so we wanted to open a new cosy and intimate bar in the space where Gaspare Campari was producing the magic of Campari,”…
It was a double-digit decline for gin which declined in volume by 14% over the year, as the category lost shelf-space to more on-trend spirits including tequila. In all, total beverage alcohol volumes declined by 2% and are expected to continue to see volume and value declines of 1% CAGR over the next five years. Meanwhile, the no and low market continues to attract consumers…
The agave-specialist bar is the sister venue of Coa Hong Kong which has been crowned number one in Asia’s 50 Best Bars in 2021, 2022, and 2023. In a post on Instagram, co-founder Jay Khan wrote: “It is official, Coa Shanghai will be opening on June 14th for service. “It has been a long six months since we closed due to unforeseen circumstances. We are back in…
The deal will see Diageo enter a new partnership with Tolaram in which Diageo will retain ownership of the Guinness brand but license it to Guinness Nigeria for the long-term. Guinness Nigeria will also continue to have manufacturing and distribution rights for the other Diageo brands that it currently manufactures. “Guinness has been Nigeria’s favourite beer for nearly 75 years,” said Diageo chief executive Debra…
In February 2022, a trio of bar industry veterans announced the launch of a new recognition for the world’s best bars. The Pinnacle Guide, created by London Cocktail Week founders Siobhan Payne and Hannah Sharman-Cox alongside Global Bartending’s Dan Dove, set out to acknowledge bars in similar fashion to the restaurant world’s Michelin Guide, with the exemplar venues awarded with one, two, or three Pin.