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 has raised its full-year sales outlook in anticipation of supply chain disruption easing in the months ahead.

Marlborough-based wine producer Indevin has signed a conditional agreement to buy Villa Maria from parent company FFWL.

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.

UK: Brewer Molson Coors has become the first to be a founding signatory of WRAP’s Courtauld Commitment 2.

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Tess Posthumus

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.

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