PROMOTIONAL FEATURE
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If there's one spirit poised to dominate UK bars this summer, it's tequila. Recent CGA data revealed that while overall spirits sales have declined, tequila's value in the on-trade rose by 3.2% in 2024, reaching £276 million.
Diageo chief addresses tariffs amid sales decline for HY24
Diageo chief executive Debra Crew addressed the implementation of US tariffs as part of the company’s six month interim results to 31 December 2024.
Diageo sees double-digit sales increase
Diageo has announced its preliminary results, year ended 30 June, reporting net sales of £17.1 billion, increased 10.7%, primarily reflecting strong organic net sales growth, and favourable impacts from foreign exchange.
Rum: The White Choice
White rum has long been a star ingredient of cocktails and with consumers now demanding better quality drinks, it is ripe for premiumisation.
Rémy Cointreau sales declined 32.8% in Q1
Rémy Cointreau suffered a 32.8% year-on-year sales decline in the three months to June 30 as a result of the coronavirus pandemic.
Heineken reports 52.5% decrease in half-year earnings
Heineken has reported a 52.5% decline in first-half earnings after the Covid-19 pandemic took a toll on its on-trade business.
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The future for bar shows
The way in which cocktail culture is championed has morphed over the years, but Danil Nevsky says the way forward is to put an emphasis on greater inclusion of the general public in bar shows
