AB InBev has signed a 20-year deal to replace Heineken as the main beer supplier to UK pub giant JD Wetherspoon.

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

Spain’s Salmon Guru has been announced as the winner of the Michter’s Art of Hospitality Award ahead of The World’s 50 Best Bars ceremony in December.

Logistics companies within the global drinks industry have been battered by an unprecedented confluence of headwinds during the past 18 months.

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

Two Schmucks 2.0

26 October, 2021

Taking over the reigns of The World’s 50 Best Bars would be a daunting experience for many, but not French duo Pom Modeste and Juliette Larrouy.

Buffalo Trace Distillery will not release a George T. Stagg expression this year after deciding that the 15-year-old barrels do not meet the right taste standards.

Irish whiskey producer Bushmills has unveiled a collection of 12 rare single malts aged in a variety of casks.

UK craft brewer Vocation has invested in a redesign for its entire range.

Pernod Ricard UK has highlighted the consumer trends accelerated by the last 18 months and urged retailers to “capitalise on the huge opportunity within premium spirits and wines this Christmas”.

Diageo’s drinks accelerator arm Distil Ventures has made a minority investment in Japanese single malt producer Komasa Kanosuke Distillery.

South African wine and spirits producer Distell has withheld its dividend for 2021 financial year amid ongoing takeover talks with Heineken.

Carlsberg has upgraded its full-year profit guidance after reporting that sales volumes have now exceeded pre-pandemic levels.

The recent launch of Martinez members’ cocktail bar on Soho’s Greek Street struck a chord with me.

Leading Chilean wine producer Concha y Toro increased consolidated sales by 9.1% in the three months to June 30.

Andrew Carter is set to take over from Frazer Thompson as CEO of Chapel Down winery from September this year.

Diageo has outperformed analysts’ expectations by reporting organic net sales growth of 16% for the year to June 30.

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.

Campari Group has reported that organic sales increased 37.1% year-on-year during the first half of 2021.

Rioja is on a roll

21 July, 2021

Brits love Rioja – they’re recognisable, affordable, easy to purchase, delicious to drink, and great with foods all year round. While Tempranillo is a core mainstay for Rioja, there’s so much more to the wines from this region, with winemakers working hard to develop more innovative premium wines at all price levels.

Online retailer Master of Malt has unveiled three key trends that could define the spirits industry during the next year.

The Last Drop has made its first foray into spirits creation with the release of its 50 Year Old Signature Blended Scotch Whisky.

Foursquare Distillery in Barbados has won the coveted International Spirits Challenge 2021 Supreme Champion award for its Redoubtable 14 Year Old rum.

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

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

Edrington has reported that pre-tax profit decreased 21% year-on-year to £178.4 million for the year ending 31 March 2021.

Drinks international catches up with the founder of The Emissary Prosecco, Ed Smith, to find out whether talk of a Rosé Prosecco shortage is cause for concern.

Sales of beers, wines and spirits have finally started to decline in the UK off-trade after bars were permitted to open their doors once again.

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.

Naked Wines stock decreased by 3% this morning after the online retailer posted an annual pre-tax loss of £10.7 million.

Diageo shareholders were toasting chief executive Ivan Menezes after he said they can expect to receive billions of pounds in share buybacks or special dividends. The Smirnoff, Johnnie Walker and Guinness producer announced that organic profit should grow by at least 14% in the year to 30 June.

Korean Soju giant Jinro has topped Drinks International's The Millionaire Club for the 20th year in a row having added 9m 9-litre cases in 2020.

Amber Beverage Group (ABG) has reported that net revenues in 2020 remained at 2019 levels despite an 8.4% drop in volumes due to the global pandemic.

Diageo stock increased by 4% this morning after it announced an improved profit growth forecast for the 2021 fiscal year.

Stock Spirits Group increased volume sales by 2% to 8.3 million 9-litre cases in the six months to March 31.

Organic net sales at Campari Group increased by 17.9% to reach €397.9 million in the first three months of 2021.

A synchronised sigh of relief was heard right across the Armagnac region last year as the news broke of Donald Trump’s defeat in the US election.

Jagermeister Scholarship, a programme that traditionally gives young bartenders the chance of a three-month internship in Berlin’s bars, will be hosted digitally for the second year running.

Lucas Bols has reported an estimated 32% year-on-year decline in revenue for the 2020/21 financial year after widespread on-trade closures and travel restrictions due to the Covid-19 pandemic.

Henkell Freixenet has reported that net sales decreased by 7.4% year-on-year in 2020 after the Covid-19 pandemic caused bars and restaurants to close for several months.

Oscar Oliveras has won the prestigious Errazuriz Wine Photographer of the Year award for this image of Semillon grapes being gathered in Saussignac, France.

Carlsberg has reported organic volume sales growth of 11.5% for the first three months of 2021.

Global Bartending Talent Agency is launching an online marketplace that connects cocktail lovers with some of the world’s best bars.

Buffalo Trace has released its annual supply of Kosher whiskey which is set to arrive at retail in May this year.

The Savoy in London has partnered with Bowmore single malt scotch whisky to launch the hotel’s first ever pop up terrace called Solas.

Kirker Greer Spirits has launched in France after securing a deal with wine and spirits importer, Maison Milhade.

Independent whisky bottlers Single Malts of Scotland has added new 11-year-old whiskies as part of its Reserve Casks range.

According to the Champagne Bureau USA, the exports of champagne to the US fell almost 19% in 2020 year-on-year.

While New Zealand has managed the pandemic better than most, a lack of tourism and difficulties with shipping have taken a toll on wine sales. Martin Green reports.

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Comment

Nick Strangeway

Sustainability: No more excuses

COP26 littered newspaper headlines throughout November. The focus was supposed to be on resolving the climate change crisis, but predictably turned into a game of political chess. In the absence of any authoritative leadership, our industry needs to set an example.

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