Bollinger Group, in addition to five other estates in France and the US, has acquired the Sancerre historic estate, Hubert Brochard.

Scottish brewer and retailer BrewDog is set to open 25 more bars in India, growing its presence in the craft beer market.

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.

Attaboy in New York has been crowned the winer of the inaugural edition of North America’s 50 Best Bars, sponsored by Perrier.

Barcelona-based cocktail bar Two Schmucks has announced a four-week US tour that will take the team to five of America’s most renowned bars across five states.

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.

The Dubliner Irish Whiskey has announced the launch of a new cinnamon and chilli flavoured whiskey liqueur variant.

Scotch whisky brand Dewar’s has announced the latest release in the brand’s Cask Series, Japanese Smooth, an 8-year-old blended Scotch finished in Japanese Mizunara oak casks.

Super-premium gin Brockmans has announced that one million bottles were sold within a 12-month period, a milestone for the brand.

The Wine Intelligence Global Wine Brand Power Index 2022 has reported that Yellow Tail is again the world’s most powerful wine brand with Casillero del Diablo meaning an unchanged top two.

Diageo has announced the acquisition of super-premium flavoured Tequila brand 21 Seeds.

United Spirits Limited (Diageo India) has announced an investment of INR 31.5 crores (US$ 4.1m) to acquire a strategic minority stake in Nao Spirits.

An industry expert believes that boycotts on Russian vodka across the US will have little impact on the war due to the divide between ‘control states’ and those under the three tier system.

London Cocktail Week founders Siobhan Payne and Hannah Sharman-Cox, alongside Global Bartending’s Dan Dove, have announced the launch of the Pinnacle Guide, a new one, two and three ‘Pin’ recognition system for the world’s best bars.

South African Wine Rebounds

17 February, 2022

Strong demand from the UK, the US and China helped South African wine exports increase by 12.1% in value to R10.2bn in 2021.

Pernod Ricard UK has expanded its American whiskey portfolio with Rabbit Hole making the UK the first European market to launch the brand.

The World’s 50 Best Bars reflects travel restrictions and spotlights neighbourhood bars, says Nick Strangeway.

Sales of no and low alcohol beverages in 10 key global markets reached almost $10 billion in 2021 up from $7.8 billion in 2018, according to a new IWSR report.

Online sales of alcoholic beverages in 16 key global markets will increase by 66% over the next five years, according to projections from IWSR.

In 2020, craft spirits in the US volume gains of almost 8%, growing to a 5% volume share and 7% value share of the total US spirits market, according to IWSR Drinks Market Analysis.

Lucas Bols has announced a return of revenues to pre-Covid times for the first half of the 2021/22 financial year.

Villa Massa has launched Vermouth Giardino, a pair of super-premium vermouth designed with the professional bartending community in mind.

Axia spirit, the world’s first extra-dry Mastiha spirit, has been released in the UK following launches in Greece and the US.

Central banks are coming under increasing pressure to hike interest rates after inflation soared across the globe.

Diageo has revealed plans to build a US$75m malt whisky distillery in southwestern China.

Both parties have expressed their delight by Saturday’s announcement that the US and EU have agreed to lift retaliatory tariffs on American whiskey.

Manachain Monaghan from the UK has been crowned global champion of Flor de Caña Rum’s Sustainable Cocktail Challenge with his ‘Steamship’ cocktail.

Demand for ready-to-drink (RTD) products continues to grow amongst consumers, with the category expected to account for 8% of total beverage alcohol by 2025 according to a new report from IWSR Drinks Market Analysis.

New York-based media company NBTV Studios has announced the UK launch of streaming platform, Spirits Network, and is inviting UK bartenders to audition for its inaugural programme, Shake Off.

DoorDash is taking on Uber and Instacart by launching an alcohol delivery service in the United States, Canada and Australia.

Boston Beer Company saw its share price plummet by almost 10% yesterday after weak demand for hard seltzer forced it to pull its earnings guidance.

The United States has once again topped the list of the most attractive wine markets in the world,  according to a new report from Wine Intelligence.

Absolut Vodka has announced a new bottle, the brand’s biggest design update since 1979.

The Rise of DTC Sales

02 September, 2021

The Covid-19 pandemic has inspired drinks producers across the world to significantly ramp up their focus on direct-to-consumer (DTC) sales.

For many drinkers outside of its native Brazil, cachaça is a largely mysterious category, perhaps known as the star of a Caipirinha and nothing more. In its homeland, however, cachaça’s popularity borders on religious.

Ice Wine's Asian appeal

24 August, 2021

Sometimes accidents breed innovation. In 1928 Alexander Fleming discovered penicillin by chance, having thrown away a bacteria sample he thought was spent.

It has been a sobering quarter for hard seltzers. Sales of the canned RTD that disrupted the US alcohol market when it burst on to the scene in 2016 have finally stalled.

A direct-to-consumer site allowed AB InBev’s global investment and innovation group to continue gathering vital consumer feedback during the Covid-19 pandemic.

The man who helped establish Malbec as Argentina’s flagship grape is now bidding to showcase the country’s potential as a producer of world-class Cabernet Sauvignon.

VSPT Wine Group has seen an 11% increase in sales for Q2 to maintain its number one spot in the Chilean market.

The UK’s most popular wines could disappear from supermarket shelves and pubs after the government proposed a 25% tariff on all wine imports from the US.

It’s been a sobering quarter for hard seltzer. Sales of the canned RTD that disrupted the US alcohol market when it burst onto the scene in 2016, have for the first time, stalled.

In late 2020 the US Food & Drug Administration sent out a warning letter to Red Moon Herbs in Asheville, North Carolina, after it claimed its adaptogenic products were intended to mitigate, prevent, treat, diagnose or cure Covid-19.

Trivento has been revealed as the world’s best-selling Argentine wine brand in a report by IWSR Drinks Market Analysis.

Tequila brand Volcan De Mi Tierra has launched its Blanco and Cristalino expressions in the UK.

The Wine and Spirit Trade Association has called for the UK government to swiftly remove tariffs on US whiskies.

Global alcohol consumption is expected to increase by 2.9% this year, according to new IWSR projections. Martin Green reports.

Distill Ventures has committed to increasing diversity within the drinks industry through the launch of a new pre-accelerator programme dedicated to early stage founders from underrepresented groups.

Praphakorn Konglee from Thailand’s Find the Locker Room bar has won the Bacardí Legacy Cocktail Competition 2021 with is drink ‘Out of Sight’.

South American wine producer VSPT Wine Group posted a 27.6% sales increase during the first quarter of 2021 in spite of poor exchange rates.

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Comment

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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