Stoli Group USA files for bankruptcy
Stoli Group has filed for bankruptcy in the US largely due to a two-month-long cyber attack that impacted operations in the States.
Diageo unites luxury brands in new division
Diageo has introduced a new global division to combine ‘luxury assets’ into one portfolio including brands such as Brora and Port Ellen.
African Originals secures USD$2m to fuel expansion
African Originals, the beverage company behind brands such as Kenyan Originals, African Originals and 5.8 has raised USD$2m in a funding round led by Phoenix Beverages Limited, Mauritius' largest beverage company.
Pernod Ricard FY23 sales up 10%
Pernod Ricard saw organic net sales rise 10% in fiscal 2023, driven by strong growth across all spirits categories, alongside broad-based growth across all regions.
Pernod Ricard sales suffer -3.9% drop through travel retail absence
Pernod Ricard sales for H1 FY21 have shown an organic decline of -3.9% on the previous year largely due to the ongoing struggles of travel retail.
The tequila industry enjoyed record levels of production and exports in 2020, according to the Consejo Regulador del Tequila (CRT).
Smirnoff goes for Gold
Diageo has launched a cinnamon spiced vodka in travel retail.
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Ben Branson on the future of non-alc spirits
In his inaugural column for Drinks International, Branson takes a wider look at the overall non-alcoholic spirits sector to identify which brands will thrive and which won’t survive.
