Research undertaken by GlobalData suggests that premiumisation, convenience, generational shifts and AI will be the key drivers of innovation and development in the spirits industry over the next five years.
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Paragon Brands has upped its projections for revenue and profit to “a target of £15m” within three years following a major investment by Maison Villevert.
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Berry Bros & Rudd (BBR) Brands has signed a deal as the exclusive distributor in the UK for Irish whiskey producer, Walsh Whiskey, from the 1 April, 2021.
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Premium spirits have done a roaring trade under lockdown, as consumers with no place to go attempt to recreate some on-trade magic, writes Nigel Huddleston
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Premium-and-above spirits are forecasted to increase their global volume market share to 13% by 2024 as consumers continue to search for “authenticity and status”, according to the IWSR.
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Mangrove UK has promoted its current South sales manager Chris Pollard to on-trade sales director.
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Pernod Ricard is banking on another big hurrah for gin growth this festive season, with its on-going popularity and major presence in the UK’s cocktail culture helping to boost growth of premium spirits.
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The shift to premium spirits has happened and is here to stay, opening up a multimillion pound opportunity for the UK’s bars and restaurants this festive season.
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Enotria&Coe has appointed Ivan Dixon as its new head of spirits buyer.
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Bacardi has completed the acquisition of premium tequila producer Patrón Spirits International.
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Hine Cognac has appointed premium spirits agent Speciality Brands as its new UK distributor.
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