The UK chancellor Jeremy Hunt’s Spring Budget 2023 was branded a budget for growth. It included £27bn of tax cuts for businesses, including the “Brexit…
The UK chancellor Jeremy Hunt’s Spring Budget 2023 was branded a budget for growth. It included £27bn of tax cuts for businesses, including the “Brexit…
Premium tonic water as a category has boomed over the past 20 years and Fever-Tree, created in 2005, has been at the epicentre of the movement. Prior to the UK brand’s inception, the tonic water sector was dominated by Schweppes, but Fever-Tree forged the new pathway for a wave of premium tonic and mixer brands to emerge. In fact, Fever-Tree’s rise to the top of…
Sparkling wine is becoming more popular than ever. According to Allied Market Research, the sector, in all formats, was valued at $33.9bn in 2019, and is anticipated to reach $51.7bn by 2027, growing at a CAGR of 7.3% during the forecast period. Much of the attention is on the continuous volume growth of prosecco, increasing cost of champagne and the growing reputation of cava. But…
This month’s IAADFS Summit of the Americas show, which is due to take place at the Palm Beach County Convention Center in West Palm Beach, Florida, from 16-19 April, should be an upbeat affair. After years of pandemic-related misery, the Americas region has bounced back very strongly. Airport passenger volumes in Latin America and the Caribbean in 2022 reached 91% of pre-pandemic levels, for instance,…
In October of last year, reports emerged that Shawn Carter, known professionally as Jay-Z, was suing Bacardi for full financial clarity on how much D’Ussé, the cognac brand that the two parties co-own, has made. The disagreement stemmed from Carter’s demand for a buyout from Bacardi over concerns that a company subsidiary was mismanaging the brand by failing to prepare for a predicted surge in…
Black-owned and female led, fronted by entrepreneur Fawn Weaver, the brand is the fastest growing independent whiskey brand in US history and is now proactively building a presence in the UK. SOME BACKGROUND The brand began with an article by Clay Risen about Nearest Green, who was born into slavery but later became the man who taught Jack Daniel how…
Maison Edouard Delaunay has renewed its commitment to the Hospices de Nuits-Saint-Georges and supported its 62nd wine auction. The Domaine des Hospices de Nuits-Saint-Georges, founded in 1270, is both a hospital and producer of Burgundy wines. In addition to the ancient hospital, the Hospices de Nuits owns a more than 12ha wine estate, directed by winemaker Jean-Marc Moron. Taking place every year on the second…
It’s been eight years in the making but singani has finally received its own spirits designation in the US – and Oscar-winning film director Steven Soderbergh couldn’t be more ecstatic. Previously tucked away in the ‘brandy’ section by the Alcohol & Tobacco Tax & Trade Bureau (TTB), the sought-after classification of Bolivia’s Muscat of Alexandria grape distillate means Soderbergh can now start writing the sequel…