The new chief executive of AB InBev has set a core profit growth target of 4% to 8% for the medium-term.

On-trade sales in Canada have climbed 4% higher than pre-pandemic levels, according to new data from CGA.

Campari Group has reported that net adjusted profit decreased 24.4% year-on-year to €202.1 million in 2020 as a result of the Covid-19 pandemic.

Strong demand in the UK and China allowed Australia to increase wine exports by 4% during the 12 months to September 30.

Carlsberg increased its forecast for full-year earnings after enjoying organic volume growth of 2.4% during the third quarter.

Remy Cointreau has reported a 16.4% decrease in sales for the first half of its fiscal year after the pandemic ravaged its on-trade business.

Danish brewer Carlsberg has reported its first quarterly sales decline in two years as a result of the Covid-19 pandemic.

Annual sales of cognac are worth €2 billion thanks to a surge in XO and VSOP sales in the Far East, says the Cognac Bureau (BNIC).

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Comment

Tess Posthumus

Talking the challenges of cocktail weeks

Having recently returned from the US visiting both Oakland and Arizona Cocktail Weeks I was amazed by the differences in approach. In Oakland there was a much bigger trade focus and it felt more relaxed, whereas in Arizona it was one massive party for consumers.

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