Global alcohol market value surpasses 2019 levels
The value of the global alcohol market grew by 12% to reach US$1.17 trillion in 2021, making up for the 4% covid-driven losses in 2020, new data from IWSR Drinks Market Analysis has found.
Brown-Forman raises sales guidance
Brown-Forman has raised its full-year sales outlook in anticipation of supply chain disruption easing in the months ahead.
Villa Maria finds buyer after nine-month search
Marlborough-based wine producer Indevin has signed a conditional agreement to buy Villa Maria from parent company FFWL.
Tequila regulatory body stresses the importance of respecting Geographical Indications of origin
Picture this scenario: a world-famous alcoholic drinks brand launches what it calls a “Tequila-flavoured” product, with the aim of persuading consumers that they are enjoying a drink with the purest expression of the country of Mexico.
Molson Coors signs up for sustainable future
UK: Brewer Molson Coors has become the first to be a founding signatory of WRAP’s Courtauld Commitment 2.
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Staffing crisis could open opportunities
The pandemic has thrown many challenges at bar owners over the past couple of years and the ones that survived the various lockdowns and restrictions deserve a pat on the back. However, while revenues are returning and bars are beginning to recruit once more, we’ve come up against a whole new set of problems, one of which is a global starring crisis.
