Three major airports across the UK hit record breaking traffic numbers last month, according to the most recent Moodie's Report figures, signalling the opportunity for wine and spirit brands in the travel retail channel could not be stronger.
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Constellation Brands released it fiscal 2015 year end results showing an increase in consolidated net sales of 24% and following another strong year, the company announced it would initiate its first ever dividend payment in the company's history.
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Last week Jose Cuervo launched its Dons of Tequila competition, which provides the winning bartender the chance to harvest their own agave crop in Mexico and blend their own labelled tequila.
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Bacardi Limited has made two major moves into the whisky category this week with the acquisition of American bourbon brand Angel's Envy and the purchase of a stake in the Compass Box Whisky Co.
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The Hennessey cognac house is celebrating its 250th anniversary by releasing The Hennessy 250 Collector's Blend, a limited edition signature blend of eaux-de-vies.
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Dufry's, a leading company in the travel retail sector, has reached a deal to acquire a 50.1% stake in World Duty Free Group (WDF) from Edizione.
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Drambuie saw its profits slide nearly 10%, in the run up to its sale to William Grant & Sons, according to accounts filed at Companies House.
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Spirit International said it was "extremely disappointed" that a Dutch court has ordering the company to hand control of three vodka brands back to the Russia state-owned monopoly.
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The Association of Convenience Stores has called for more support for the high street in response to yesterday's Royal Society for Public Health's report.
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Last year's duty cuts have benefited consumers and helped halt volume sales declines, the latest research from the WSTA has found.
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Suffolk brewer and distiller Adnams is aiming to grow its spirits business to around £7m in the next three years as it more than doubles production.
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An urban micro-distillery initiated by Pernod Ricard is set to open in Hackney in June, headed by two local entrepreneurs from outside the spirits industry.
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A new study has questioned the government's claim that it has removed billions of units of alcohol from the market.
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Soft drinks manufacturer AG Barr saw a 10% boost to its pre-tax profit to £41.9m, with turnover up 2.7% to £290.9m in the 12 months to 25 January.
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In its inaugural financial year results as a publicly traded company, Fever-Tree beat analysts expectations and saw revenue grow by 49%.
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Diageo is to provide on-pack calorie advice on typical servings across its spirits, beers and wine, it announced today.
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Miles Beale, chief executive, of the Wine & Spirit Trade Association has described the Chancellor's decision to freeze wine duty and cut spirits by 2% as "just about the perfect result" it could have hoped from its Drop the Duty campaign.
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The Chancellor George Osborne has today cut the duty on cider and spirits by 2%, frozen duty on wine and cut beer by a penny a pint for the third year running in his last pre-election Budget.
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Is the whisky category sufficiently innovative and how does it compare with other drinks categories will be the key issues up for debate at the Distillers City Debate 2015 organised by the Worshipful Company of Distillers.
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Domestic sales of whisky have fallen nearly 5% in the last year, according to new figures from the Scotch Whisky Association.
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