All Alcoholic drinks articles – Page 85
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NewsCity Snapshot: Naked Wines shares sink as it warns of lower sales as customers return to bars and restaurants
Online wine retailer Naked Wines has warned sales for the year will be lower than forecast as consumers returned to bars and restaurants and drank less at home. Plus, Finsbury Food Group and Eagle Eye both issue trading statements ahead of AGMs.
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NewsDiageo rolls out ambitious growth plans to capture a bigger share of drinks market
Shares in the group soared 3% higher when markets in London opened this morning as investors reacted to the news, with the stock hitting record highs of 3,935p
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NewsHeineken to move into wine and spirits with €4bn southern African play
The Dutch brewer has unveiled plans to form a €4bn African drinks giant with the takeover of Distell and Namibia Breweries
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NewsGordon’s rolls out 85% recycled glass gin bottles with new design
The redesigned bottles would help the brand appeal to ‘even more consumers’, said Gordon’s
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NewsPortman Group rules against Fok Hing Gin for ‘offensive’ brand name
This was the first time a product’s name had been considered in terms of ‘offensive language’, said the watchdog
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NewsWine prices to surge in 2022 as inflation drives up costs
Many UK wine businesses have been holding back price increases, but are now reaching breaking point, industry sources say
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NewsSpeciality Brands launches ‘world first’ biodynamic whisky
Called Biodynamic: Luna, the 50% abv drink was distilled from ‘rare barley varieties’ that were grown using biodynamic farming methods, said Speciality Brands
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NewsDiageo adds lower-alcohol Sliced Apple drink to Captain Morgan portfolio
It’s the latest in a series of flavoured launches from the spirits giant
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NewsFormer Pernod UK director Chris Ellis joins vodka brand Jatt Life as non-exec
The business said it had “huge ambitions to create a brand that will eventually earn unicorn startup status”
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NewsMolson Coors European head Simon Cox to retire, replaced by Sergey Yeskov
A master brewer, his time at Molson Coors saw him oversee both on-trade sales and supply chain teams before stepping up to lead the UK business, before being promoted to run Molson Coors Europe
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NewsGordon Ramsay launches Italian wine trio into Tesco
The range is the result of a partnership with London-based distributor Benchmark Drinks
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NewsSmirnoff boosts flavoured vodka range with Mango & Passionfruit
Diageo is recommending it be served as a long drink over ice mixed with lemonade
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NewsCraft rum brand Libations beats crowdfunding target
Craft rum brand Libations has raised almost £200k from the crowd to bring its production in-house and open a distillery in Yorkshire.
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NewsStrangeways raises six-figure crowd sum to grow CBD spirits range
CBD spirits start-up Strangeways has beaten a £120,000 crowdfunding target to expand distribution in supermarkets and develop new products.
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NewsCarlsberg upgrades 2021 profits guidance as reopening of pubs boosts Q3
Danish brewer Carlsberg has lifted its profit forecasts for the year thanks to a better-than expected performance in the third quarter and start of the final three months of 2021 as drinkers returned to pubs and restaurants.
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NewsCity snapshot: AB InBev raises profit forecast as sales exceed pre-pandemic levels
The world’s largest brewer AB InBev has raised its full year profit expectations after sales surged past pre-pandemic levels on volume and price growth in its third quarter. Plus updates from C&C Group, Virgin Wines and DS Smith.
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Analysis & FeaturesBudget 2021: food and drink industry has its say
Reactions from industry to Chancellor Rishi Sunak’s Budget announcements have been largely positive, praising the relief action taken to ease pressure on businesses after nearly two years of pandemic-related squeezes
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Comment & OpinionWhat we learned in the Autumn Budget 2021: from business rates to alcohol duty reforms
Business rates will be cut but not overhauled, while alcohol duty is in for a more radical reform
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NewsBudget 2021: alcohol duty system to be given ‘radical’ shake-up
The chancellor said the new system would be designed around “a common sense principle” to tax higher strengths
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NewsCity Snapshot: Heineken warns of price rises as it battles on several fronts
Dutch brewing giant Heineken is the latest fmcg group to warn of higher prices in the face of rising costs and supply chain challenges as volumes slumped in its third quarter. Plus, Morrisons shares have been delisted from the London Stock Exchange, with a number of the board stepping down; food inflation accelerates in October; and Kerry Group updates on Q3.