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Brandy and gin popularity helps Distell serve more drinks

Brandy and gin popularity helps Distell serve more drinks

23/02/2018 - 09:55
The growing popularity of brandy and gin helped Distell increase its overall volume of liquor sold by 3.7% during the six months to end-December. read more
Structural shift on the cards for struggling wine producers

Structural shift on the cards for struggling wine producers

21/02/2018 - 10:39
South African wine grape producers are under continued financial pressure due to the prevailing drought and economic challenges, but a structural shift is on the cards. read more
When it comes to wine, origin matters

When it comes to wine, origin matters

14/02/2018 - 11:22
Have you ever noticed the letters “W.O.”, followed by the name of an area or region, on the back of your favourite bottle of wine? Simply put, the acronym “W.O.” is short for the term “Wine of Origin”, which stands as a confirmation that all the grapes used to make that particular bottle of wine were harvested from that specific area. read more
Carlsberg makes strong progress towards sustainability targets

Carlsberg makes strong progress towards sustainability targets

13/02/2018 - 13:39
Danish brewer Carlsberg has released its 2017 Sustainability Report, which shows that the brand has reduced carbon emissions at its plants by 16% since 2015, and has stopped using coal to power nine of its breweries in China. read more
Heineken sees Brazil as temporary drag in AB InBev challenge

Heineken sees Brazil as temporary drag in AB InBev challenge

12/02/2018 - 13:30
Heineken, the world’s second-largest brewer, wants to challenge leader Anheuser-Busch InBev in one of its key markets - and that’s going to cost the Dutch brewer some lost profit. read more
SAB to provide free water from brewery's spring in event of Day Zero

SAB to provide free water from brewery's spring in event of Day Zero

09/02/2018 - 13:56
Free water bottled at Newlands brewery will be available at up to 300 shops in Cape Town if Day Zero arrives‚ executives at South African Breweries (SAB) said. read more
Pernod Ricard records 25% profit increase in half-year results

Pernod Ricard records 25% profit increase in half-year results

09/02/2018 - 13:45
Drinks company Pernod Ricard has recorded a 25% net profit increase in its 2018 half-year results, following a reduction in expenses during this period. read more
AB InBev's ZX Ventures opens craft brewery in China

AB InBev's ZX Ventures opens craft brewery in China

09/02/2018 - 09:02
AB InBev’s venture capital division ZX Ventures has announced it will open a new craft brewery in Wuhan, China in order to tap into the growing market for premium beers in the country. read more
Carlsberg completes acquisition of Greek brewer Olympic

Carlsberg completes acquisition of Greek brewer Olympic

07/02/2018 - 13:42
Carlsberg has completed the full acquisition of Greece’s second-largest brewer Olympic Brewery, strengthening the brand’s position in the southern European market. read more
Europe's wine and spirit industry unites in Brexit trade talks

Europe's wine and spirit industry unites in Brexit trade talks

05/02/2018 - 09:08
Representatives from the wine and spirits industry across Europe and the UK met at the EU Commission this week, in a bid to move Brexit trade discussions forward. read more
Scotch whisky industry latest to phase out plastic straws

Scotch whisky industry latest to phase out plastic straws

31/01/2018 - 11:14
The scotch whisky industry is making moves to ban its use of plastic straws and stirrers outright, as it ramps up its commitment to the environment. read more
Wine industry honours best vineyard practices

Wine industry honours best vineyard practices

31/01/2018 - 10:26
The best wine grape vineyards in the Western Cape have one thing in common – they are managed according to the wine the grapes are destined for. Vinpro and Winetech recently announced the five regional winners of their annual Vineyard Block Competition.  read more
Distell postpones restructuring deadline again after delays

Distell postpones restructuring deadline again after delays

30/01/2018 - 09:56
"What’s another two months when you’ve been waiting almost nine years," was the response of one weary Distell shareholder to news that the closing date for the restructuring had been pushed out to April 6 from January 29. read more
Appeal against restructuring of Distell dismissed

Appeal against restructuring of Distell dismissed

29/01/2018 - 11:00
The Takeover Special Committee has dismissed an appeal by shareholder activist Albie Cilliers of Remgro’s restructuring of liquor group Distell.  read more
LVMH wines & spirits sees 7% growth in 2017

LVMH wines & spirits sees 7% growth in 2017

29/01/2018 - 09:46
The wine and spirits business of LVMH Moët Hennessy Louis Vuitton recorded organic growth of 7% in 2017, with revenue reaching €5.084 billion.  read more
How Fever-Tree mixers are creating a fizz

How Fever-Tree mixers are creating a fizz

26/01/2018 - 11:16
With Britain’s thirst for gin showing no sign of letting up, upmarket tonic and mixers maker Fever-Tree says its 2017 results will beat the expectations of analysts.  read more
Gin and tequila popularity helps Diageo post global sales rise

Gin and tequila popularity helps Diageo post global sales rise

26/01/2018 - 09:36
Diageo posted strong growth in the first half of its fiscal year with sales increasing in all of its regions and its gin and tequila brands performing particularly well.  read more
Budweiser symbol reveals if beer is made using renewable energy

Budweiser symbol reveals if beer is made using renewable energy

25/01/2018 - 07:52
AB InBev aims to brew all of its Budweiser beers using 100% renewable electricity by 2025 as it unveils a new symbol on its packaging that indicates when the beer is made using green energy. read more
Gruppo Campari acquires Bisquit Cognac in €52.5 million deal

Gruppo Campari acquires Bisquit Cognac in €52.5 million deal

23/01/2018 - 16:43
Italian drinks manufacturer Gruppo Campari has announced that it signed an agreement to acquire cognac producer Bisquit Dubouché for €52.5 million. read more
Bacardi acquires Patron Spirits International

Bacardi acquires Patron Spirits International

23/01/2018 - 13:33
Bacardi is tapping into the fast-growing market for tequila by acquiring Patron Spirits International, in a deal valuing the company at $5.1 billion. read more
Remy Cointreau gets a boost from China's thirst for Remy Martin

Remy Cointreau gets a boost from China's thirst for Remy Martin

19/01/2018 - 14:16
Remy Cointreau reported third-quarter sales growth that surpassed analysts’ estimates on a surge in Remy Martin cognac shipments to meet demand from China. read more
Pernod Ricard bans plastic straws and stirrers

Pernod Ricard bans plastic straws and stirrers

18/01/2018 - 10:16
Drinks giant Pernod Ricard has decided to stop using non-biodegradable plastic straws and drinks stirrers in any part of its business. read more
Carrol Boyes releases SA-branded, limited-edition Champagne

Carrol Boyes releases SA-branded, limited-edition Champagne

16/01/2018 - 13:26
In what can only be termed a wine industry coup, Carrol Boyes Wines is proud to announce the addition of fine Champagne to the Carrol Boyes Limited Edition range.  read more
Distell restructuring decision expected this week

Distell restructuring decision expected this week

16/01/2018 - 12:51
The Takeover Special Committee is expected to announce its decision on whether or not to give the Distell restructuring the go-ahead later this week.  read more
Italian wine exports set new record in 2017

Italian wine exports set new record in 2017

11/01/2018 - 11:11
Italian wine exports grew by 7% in 2017, reaching a record high of around €6 billion, according to farmers' association Coldiretti. read more
Moet Hennessy expands its partnership with Thirstie

Moet Hennessy expands its partnership with Thirstie

08/01/2018 - 15:42
Moet Hennessy recently launched a skill on Amazon’s Alexa-enabled devices designed to educate shoppers about champagne. read more
Distell sells Bisquit cognac brand to Campari

Distell sells Bisquit cognac brand to Campari

21/12/2017 - 10:09
Distell, the liquor brands conglomerate controlled by Remgro, called time on its international cognac market strategy by selling its French subsidiary Bisquit for à52.5m.  read more
Italian wine exports up 74% in past decade

Italian wine exports up 74% in past decade

19/12/2017 - 09:39
Italian wine exports have grown by 74% in the past ten years, driven largely by Prosecco, which has pushed exports of sparkling wine by 400% in the same period. read more
Vietnam brewer Sabeco to auction hefty stake

Vietnam brewer Sabeco to auction hefty stake

18/12/2017 - 09:07
Vietnam auctions a stake of up to $5bn in state-owned brewer Sabeco.  read more
SAB supports aware.org to reduce harm caused by misuse of alcohol in SA

SAB supports aware.org to reduce harm caused by misuse of alcohol in SA

15/12/2017 - 16:14
The South African Breweries (SAB) will work alongside the newly launched Association for Alcohol Responsibility and Education (AWARE.org) on evidence based initiatives that focus on reducing the harm caused by alcohol misuse in South Africa.  read more
Celeb chef Jan Hendrick launches own SA wine label

Celeb chef Jan Hendrick launches own SA wine label

15/12/2017 - 14:20
It seems like there's no stopping Jan Hendrik van der Westhuizen. With wine having played a profound role in the culinary journey which lead to him becoming South Africa’s first Michelin-starred chef, he has just launched his first wines under his own label.  read more
Global brewers consider bids for Vietnam’s Sabeco

Global brewers consider bids for Vietnam’s Sabeco

11/12/2017 - 13:12
Brewing groups, including Thai Beverage, Anheuser-Busch InBev (AB InBev) and Kirin Holdings, are gearing up to bid for a stake in Vietnam’s largest brewer, Sabeco, people familiar with the matter said, with the $5bn sale process by the government opening this week.  read more
Cape Winemakers Guild welcomes new Chairman and new member

Cape Winemakers Guild welcomes new Chairman and new member

08/12/2017 - 11:00
Boela Gerber, acclaimed cellarmaster at Groot Constantia, has become the new Chairman of the Cape Winemakers Guild with one additional member joining the ranks of this respected league of winemakers. read more
SA wine industry must embrace digital platforms as well as follow the Portugal road map, says Cape Classics President

SA wine industry must embrace digital platforms as well as follow the Portugal road map, says Cape Classics President

07/12/2017 - 10:54
Embrace the chaos brought by the mobile phone-fueled digital age and look to Portugal for a roadmap to success in the USA. Those were the clear messages from New York wine importer Cape Classics at a gathering of the South African wine industry hosted at Glenelly Estate in Stellenbosch. read more
Pernod Ricard confident about Africa despite turbulent times

Pernod Ricard confident about Africa despite turbulent times

06/12/2017 - 16:06
French spirits maker Pernod Ricard is banking on robust growth in Africa, a market where it has expanded sharply in recent years, in spite of challenging macroeconomic conditions on the continent, said a senior company executive. read more
Jim Beam unveils 'Smart Decanter'

Jim Beam unveils 'Smart Decanter'

05/12/2017 - 14:04
Kentucky bourbon whiskey distiller Jim Beam has unveiled what it describes as its first 'artificially intelligent decanter'. read more
Heineken breaks ground on $100m brewery in Mozambique

Heineken breaks ground on $100m brewery in Mozambique

05/12/2017 - 09:31
Heineken, the world’s second-largest brewer, started building a $100m plant in Mozambique as it seeks to compete with its larger competitor, Anheuser-Busch InBev, in the southeast African country. read more
Youth Entrepreneurs honoured at 22nd annual SAB Kickstart Boost Awards

Youth Entrepreneurs honoured at 22nd annual SAB Kickstart Boost Awards

30/11/2017 - 14:39
The South African Breweries (SAB) has announced the winners in its annual SAB KickStart Boost Awards. SAB KickStart Boost is SAB’s youth entrepreneurship development programme which has been running for the past 22 years. read more
Cape Classics celebrates 25 years

Cape Classics celebrates 25 years

29/11/2017 - 11:54
Cape Classics is celebrating the 25th Anniversary of the company’s founding in 1992 as a fledgling import business to introduce South African wines to the American wine market.  read more
Anheuser-Busch set to brew beer on Mars

Anheuser-Busch set to brew beer on Mars

27/11/2017 - 14:05
US-based brewing company Anheuser-Busch is all set to make "Budweiser" the first brand of beer on the Red Planet. read more
KWV named Brandy Producer of the Year at International Wine and Spirit Competition

KWV named Brandy Producer of the Year at International Wine and Spirit Competition

21/11/2017 - 08:46
Paarl-based wine and spirit producer KWV walked away with all the major awards at the annual International Wine and Spirit Competition (IWSC) in London, beating local – and international – brandy and cognac producers to the ultimate title: Brandy Producer of the Year.  read more
Trade report delay of Distell shares hints at high premium

Trade report delay of Distell shares hints at high premium

20/11/2017 - 10:45
It is still not clear why the parties involved in the R10bn trade in Distell shares waited six months to report the trade to the JSE as required by the exchange’s rules. read more
Anheuser-Busch InBev appoints new CEO

Anheuser-Busch InBev appoints new CEO

17/11/2017 - 10:02
International brewing company Anheuser-Busch InBev appointed Michel Doukeris as its new CEO and zone president North America, effective on 1 January 2018. read more
Gruppo Campari posts 8.1% sales growth in first nine months

Gruppo Campari posts 8.1% sales growth in first nine months

14/11/2017 - 14:56
Italian drinks manufacturer Gruppo Campari has posted revenue growth of 8.1% in the first three quarters of the year, with sales reaching €1,275.8 million. read more
Tax stamps for alcohol

Tax stamps for alcohol

14/11/2017 - 10:00
Fake and counterfeit alcohol poses a serious risk to public health. Reports have indicated that people who have ingested fake alcohol have suffered effects that range from excessive vomiting and headaches to breathing difficulties, blindness, seizures and even death. read more
SAB introduces alcohol-free beer

SAB introduces alcohol-free beer

07/11/2017 - 16:49
The South African Breweries (SAB) and AB InBev Africa are giving consumers more choice and a smarter drinking option with the introduction of the first alcohol-free beer to be brewed in South Africa. Castle Free, an extension of Castle Lager, offers consumers a real beer taste without the alcohol.  read more
DistelI's new head winemaker to add strong marketing expertise

DistelI's new head winemaker to add strong marketing expertise

31/10/2017 - 13:54
Distell has appointed a seasoned, award-winning winemaker who is also a marketing specialist, as the company's new head winemaker.  read more
AB InBev sells less beer but at higher prices

AB InBev sells less beer but at higher prices

26/10/2017 - 09:15
Raising beer prices helped Anheuser-Busch InBev grow its South African revenue 3.9% in the September quarter, despite the volume it sold falling 2.5%. read more
Pernod Ricard posts stronger sales in quarter one on Chinese demand

Pernod Ricard posts stronger sales in quarter one on Chinese demand

19/10/2017 - 15:09
Pernod Ricard posted a stronger than expected jump in first-quarter underlying sales, helped by accelerating Chinese demand for its high-margin Martell cognac and its Chivas whisky. read more
Rémy Cointreau sees sales grow by 7% in first half

Rémy Cointreau sees sales grow by 7% in first half

19/10/2017 - 09:53
Drinks giant Rémy Cointreau has recorded sales of €544.4 million in the first half of its financial year, with organic growth of 7%. read more
SAB and AB InBev mark one-year anniversary of business combination

SAB and AB InBev mark one-year anniversary of business combination

12/10/2017 - 10:53
The South African Breweries (SAB) and AB Inbev today mark one year since the two global brewers combined their businesses.  read more
AB InBev completes $3.15 billion Coca-Cola Africa transition

AB InBev completes $3.15 billion Coca-Cola Africa transition

06/10/2017 - 11:17
The world's largest brewer, Anheuser-Busch InBev (AB InBev) on Thursday announced that it has completed the transition of its 54.5% equity stake in Coca-Cola Beverages Africa (CCBA) for U.S.$3.15 billion after customary adjustments. read more
Pernod Ricard completes sale of Glenallachie Whisky

Pernod Ricard completes sale of Glenallachie Whisky

04/10/2017 - 09:46
Drinks giant Pernod Ricard has announced the completion of the sale of the Glenallachie Whisky Distillery to a three-person consortium. read more
Distell positioned for acquisitions

Distell positioned for acquisitions

26/09/2017 - 08:42
The pending collapse of the Distell control structure should help the drinks company to enjoy the sort of rating analysts and shareholders say has eluded it in recent years. read more
Diageo warns sales dip in China and India to affect first-half earnings

Diageo warns sales dip in China and India to affect first-half earnings

21/09/2017 - 10:51
Diageo, the maker of Johnnie Walker whisky and Smirnoff vodka, forecast stronger sales and profit growth in the second half of its financial year after a first half affected by negative factors in China and India and higher spending. read more
Gruppo Campari aims to double African growth

Gruppo Campari aims to double African growth

11/09/2017 - 09:17
Italian liquor giant Gruppo Campari, which started handling its own distribution in SA at the start of 2017, aims to double its revenue flows from African markets in the next few years. read more
Merriment&Co launches in SA

Merriment&Co launches in SA

01/09/2017 - 14:41
There is an innovative new company in the South African liquor space, and it is set to bring new flair and distinction to the industry and exciting new brands to local consumers. read more
Distell sells venerable wine farms and brands

Distell sells venerable wine farms and brands

01/09/2017 - 11:57
Remgro-controlled liquor conglomerate Distell, which aims to double revenue and profits by 2021, is selling long-held wine farms and wine brands as executives look to markedly improve a modest return on assets. read more
Pernod Ricard sees 3.6% sales increase in 2017

Pernod Ricard sees 3.6% sales increase in 2017

01/09/2017 - 09:16
Drinks giant Pernod Ricard has posted a 3.6% increase in organic growth for its full year 2017, with sales totalling €9,010 million. read more
Stronger rand takes a swig of Distell’s profit

Stronger rand takes a swig of Distell’s profit

31/08/2017 - 11:28
Wine and spirits group Distell posted a 15% fall in after-tax profit on revenue up 3.7% in the year to end-June, hit by the stronger rand and impairments. read more
SA’s first craft gin club launches

SA’s first craft gin club launches

29/08/2017 - 17:21
While South Africa has certainly caught gin fever, it might come as a surprise that there are more than 75 local gin brands being produced by 50 local gin distillers dotted around the country. Now, thanks to the launch of The Gin Box, SA’s first craft gin club, gin lovers can enjoy the multitude of locally produced, craft gins and tonics, with a different brand delivered to their door every month. read more
Cost of wine rises in UK supermarkets

Cost of wine rises in UK supermarkets

28/08/2017 - 13:27
The cost of wine in UK supermarkets rose by £0.17 between December 2016 and May 2017, according to IRI data. read more
Aldi private label products win Scotch Whisky Masters honours

Aldi private label products win Scotch Whisky Masters honours

21/08/2017 - 09:48
Five of Aldi UK’s private label whiskies have picked up prizes in the Spirits Business Scotch Whisky Masters, with two gold medals and thee silver medals awarded to the German retailer. read more
Amendment to Liquor Products Act widely welcomed

Amendment to Liquor Products Act widely welcomed

21/08/2017 - 08:52
The Liquor Products Amendment Bill has been widely welcomed by alcohol industry players who say it will go a long way to curbing illicit trade. read more
Booze for Africa is the plan as Distell sets out to lift elbows, profits

Booze for Africa is the plan as Distell sets out to lift elbows, profits

15/08/2017 - 10:43
Reward over risk is what Distell - the maker of wine brands such as Nederburg and Two Oceans, whisky Scottish Leader and Three Ships and cider Hunter's and Savanna - wants from its ventures into Africa. read more
Japan’s Sapporo to acquire US brewer Anchor

Japan’s Sapporo to acquire US brewer Anchor

08/08/2017 - 14:31
Anchor Brewing, a century-old San Francisco brewer that helped pioneer the craft-beer movement, will be acquired by Sapporo Holdings, part of a push by Japanese beverage companies to seek growth on US soil. read more
Distell flat on multibillion-rand acquisition news

Distell flat on multibillion-rand acquisition news

01/08/2017 - 15:36
News of a multibillion-rand acquisition staggered over two years did little to move Distell’s share price. The announcement about the first phase of a potential R8.6bn acquisition was released at the close of trade on Friday. By Monday, the share had edged up to close at R144.47, far off its 12-month high of R172.61. read more
Hennessy sees Kenya as growth frontier as cognac sales start

Hennessy sees Kenya as growth frontier as cognac sales start

01/08/2017 - 09:14
Hennessy, the world’s largest maker of cognac, has started distributing its products in Kenya to tap Africa’s second-largest luxury-goods market.  read more
Heineken first-half earnings beat estimates, operating profit up 5.9%

Heineken first-half earnings beat estimates, operating profit up 5.9%

31/07/2017 - 10:21
Heineken NV, the world’s second-largest brewer, reported first-half profit that beat analyst estimates, helped by warm summer weather in Europe and growing demand for more expensive beers in Asia. read more
AB InBev earnings beat estimates on SABMiller takeover savings

AB InBev earnings beat estimates on SABMiller takeover savings

27/07/2017 - 13:26
Anheuser-Busch InBev, the world’s largest brewer, reported second-quarter profit growth that beat analysts’ estimates as it benefited from higher prices and cost savings after the acquisition of SABMiller. read more
Growth in SA helped AB InBev overcome declines in Americas

Growth in SA helped AB InBev overcome declines in Americas

27/07/2017 - 08:58
Double-digit beer volume growth in SA helped Anheuser-Busch InBev offset declines in the US, Brazil, and Columbia, SAB’s owner said in its first-half results statement on Thursday morning. read more
Hennessy sees Kenya as growth frontier as cognac sales start

Hennessy sees Kenya as growth frontier as cognac sales start

26/07/2017 - 10:34
Hennessy, the world’s largest maker of cognac, has started distributing its products in Kenya to tap Africa’s second-largest luxury-goods market.  read more
To save Chilean wine, producers head South

To save Chilean wine, producers head South

24/07/2017 - 10:51
Faced with increasingly inhospitable growing conditions, the Chilean wine industry is moving south and experimenting with new vines. read more
Alcohol industry criticises government’s ‘vague’ socioeconomic study

Alcohol industry criticises government’s ‘vague’ socioeconomic study

24/07/2017 - 10:29
The South African Liquor Brand Owners Association (Salba) has criticised the government’s inadequate socioeconomic impact assessment of the draft Liquor Amendment Bill because of its failure to quantify the effect on jobs and the economy. read more
Rémy Cointreau posts 8% organic growth in first quarter

Rémy Cointreau posts 8% organic growth in first quarter

24/07/2017 - 09:57
Drinks giant Rémy Cointreau has posted organic growth (at constant currency levels) of 8.0% in the first quarter of its financial year, driven by a strong performance by its group brands (+12.3%). read more
Brand Chenin as SA's wine specialty, says leading US commentator

Brand Chenin as SA's wine specialty, says leading US commentator

24/07/2017 - 09:19
South Africa stands the strongest chance of making an impact in the US by linking its wine marketing message with a single varietal in the way New Zealand has done with Sauvignon blanc and Argentina, with Malbec. This is the view of Lauren Buzzeo, the recently appointed managing editor of respected publication Wine Enthusiast, based in the US but read worldwide. read more
Italian organic wine exports increase 40% in 2016

Italian organic wine exports increase 40% in 2016

20/07/2017 - 11:08
Italian organic wine exports increased by 40% in 2016 compared to the previous year, reaching a market value of €192 million. read more
Shelf-serving liquor displays oust the little guys

Shelf-serving liquor displays oust the little guys

17/07/2017 - 10:09
On the shop floor the battle of the shelf wars has intensified, as big beverage companies move to entrench their position by squeezing out smaller competitors from prime display space. read more
Thirst for beer has AB InBev brewing more

Thirst for beer has AB InBev brewing more

13/07/2017 - 10:03
The economy may be experiencing a bad hangover, but that has not decreased the South African appetite for beer. read more
Liquor traders condemn tough new regulations

Liquor traders condemn tough new regulations

07/07/2017 - 12:39
The Western Cape Liquor Traders Organisation (WCLTO) has lambasted the provincial government for its new liquor regulations, saying they were part of the DA and Premier Helen Zille’s “agenda to shut down” black and coloured-owned businesses in the townships.  read more
Carlsberg acquires London Fields Brewery

Carlsberg acquires London Fields Brewery

06/07/2017 - 09:46
Global brewing company Carlsberg has announced that it is acquiring London Fields Brewery, in a joint venture with New York's Brooklyn Brewery. read more
Remgro and Distell to gain from dismantling Capevin

Remgro and Distell to gain from dismantling Capevin

23/06/2017 - 09:21
Liquor giant Distell, which owns best-selling brands such as Savanna, Hunters, Nederburg and Klipdrift, has uncorked a proposal that fortifies the position of its biggest shareholder, investment giant Remgro. read more
Albie Cilliers steps up battle over KWV shares amid Vasari sale

Albie Cilliers steps up battle over KWV shares amid Vasari sale

20/06/2017 - 08:56
KWV dissenting shareholder Albie Cilliers is expecting La Concorde Holdings to respond to him by Friday, clarifying additional concerns he has raised in a supplementary affidavit filed with the High Court in Cape Town at the end of May. read more
Remy Cointreau in upbeat spirits as annual profits rise

Remy Cointreau in upbeat spirits as annual profits rise

08/06/2017 - 12:48
Remy Cointreau reported higher-than-expected annual profits, thanks to improving demand for its premium cognacs in China, and predicted further profit growth this year. read more
Irish distillers win seven gold medals at International Spirits Challenge

Irish distillers win seven gold medals at International Spirits Challenge

26/05/2017 - 10:26
Irish Distillers Pernod Ricard has won seven gold medals at the International Spirits Challenge (ISC), considered one of the most important competitions in the spirits industry. read more
Glenmorangie whisky distillery to purify waste water

Glenmorangie whisky distillery to purify waste water

26/05/2017 - 10:01
Louis Vuitton Moët Hennessy (LVMH) has announced plans to purify and clean the waste water from its whisky distillation process at Glenmorangie. read more
KWV: Minorities’ true-value worries

KWV: Minorities’ true-value worries

25/05/2017 - 11:37
Shareholders are concerned about Niveus’s intentions around the cash, property and art from KWV’s asset sale to Vasari. read more
Liquor rules reflect a state drunk on power, greed and arrogance

Liquor rules reflect a state drunk on power, greed and arrogance

25/05/2017 - 09:42
The regulation of the sale of liquor has long been a feature of government policy pretty much everywhere. In Anglo-Saxon countries, it generally comes with more than a whiff of self-righteous fervour as those who draft the laws feed on the indignation of those who deal with the social consequences of drunken behaviour. The revenue value of sin taxes makes it clear there is no moral basis for this impost: to the extent that the state taxes liquor, it enjoys the wages of sin. read more
Anheuser-Busch will invest $2 Billion in U.S. to push beyond Bud

Anheuser-Busch will invest $2 Billion in U.S. to push beyond Bud

23/05/2017 - 16:14
The maker of Budweiser, facing more competition in America from craft brews and cocktails, is spending billions to fight back. read more
Aldi Whisky voted among 'Best In The World' at International spirits challenge

Aldi Whisky voted among 'Best In The World' at International spirits challenge

15/05/2017 - 10:40
Aldi UK's own-label whiskies have been awarded six medals at the International Spirits Challenge (ISC). read more
AB InBev's Zim unit sales fall 10% amid cash shortage

AB InBev's Zim unit sales fall 10% amid cash shortage

11/05/2017 - 09:18
Delta Corp, Zimbabwe’s biggest company by market value, said full-year revenue fell 10% as consumers struggling for cash turned to cheaper brands of beer and sparkling wine. read more
AB InBev and Carlsberg give investors reason to cheer

AB InBev and Carlsberg give investors reason to cheer

05/05/2017 - 09:12
London — Anheuser-Busch InBev (AB InBev), the world’s largest brewer, and Danish rival Carlsberg reported first-quarter revenue growth that beat estimates, as demand for mainstream brands such as Stella Artois and Tuborg rose, helped by an improving European beer market. read more
AB InBev to launch Budweiser in SA

AB InBev to launch Budweiser in SA

04/05/2017 - 09:59
Anheuser-Busch InBev plans to launch Budweiser in SA, it said in its March quarter results on Thursday morning. read more
Distell adds top premium brand, Cruz Vodka to its portfolio

Distell adds top premium brand, Cruz Vodka to its portfolio

25/04/2017 - 09:13
Distell, Africa’s leading producer of wines, spirits, ciders and ready-to-drinks (RTDs) today announced the formation of a partnership that owns the rights to the Cruz Vodka brand and business worldwide. Distell has agreed to acquire a 75% shareholding with Blue Sky Brand Company Proprietary Limited (“BSBC”) holding the remaining 25% shareholding. BSBC will be integrally involved in the Cruz Vodka brand going forward. read more
AB InBev set to spur growth of beer brands

AB InBev set to spur growth of beer brands

24/04/2017 - 09:50
Anheuser-Busch InBev (AB InBev) is looking to bring its Budweiser, Stella Artois and Corona beer brands to the local market and the rest of Africa. read more
Glenlivet unveils three single casks in travel retail

Glenlivet unveils three single casks in travel retail

21/04/2017 - 10:59
Pernod Ricard-owned Scotch brand The Glenlivet has launched three new single cask expressions, which will be exclusively available in travel retail. read more
Italy set for highest growth among wine producing countries

Italy set for highest growth among wine producing countries

20/04/2017 - 14:58
The global wine market is set to see production increase by 2.4% growth in production and consumption increase by 4.3% between now and the end of the decade, according to Ismea’s Wine Outlook 2020 report. read more
AB InBev completes Distell shareholding sale

AB InBev completes Distell shareholding sale

18/04/2017 - 10:21
Last year, South Africa’s Competition Commission ordered AB InBev to sell SABMiller’s 26% stake in South African firm Distell ahead of a US$79 billion merger of the two brewers. read more
InBev upbeat about African beer sales

InBev upbeat about African beer sales

13/04/2017 - 14:57
In 30 years’ time, the African continent will be more relevant to the global beer market than North America. That is the view of Ricardo Tadeu, the Africa Zone president of Anheuser-Busch InBev (AB InBev), in dismissing any concern investors might have about the almost unprecedented 5% slump in South African beer volumes in the December quarter. read more
Organic wine sees close to 300% growth in Europe

Organic wine sees close to 300% growth in Europe

13/04/2017 - 11:21
Organic wine production grew by 295% in Europe and 280% in the world between 2004 and 2015, according to a recent study. read more