Alcohol news 5 – Page 5
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NewsAlcohol sales decline across Europe as cost of living bites, research shows
Value sales of beer, wine and spirits across all European retailers slumped 4% in 2022, according to IRI data
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BrewDog takes on Guinness with launch of Black Heart stout
The 4.1% abv drink will launch exclusively into Tesco and Booker
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Nyetimber CEO Richard Carter exits after five months
He took over the role from the business’ owner, Eric Heerema, in July 2022
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City snapshot: Diageo sees surging sales and profits as consumers retain taste for premium drinks
Spirits giant Diageo has posted strong growth in first-half sales and profits as consumers continue to flock to its premium portfolio despite rising prices. Plus, Greencore downgrades expectations on lower food to go volumes and trading updates from Fever-Tree, Britvic and Tate & Lyle
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Ellers Farm Distillery hires Jamie Munro as marketing manager
Munro will focus on developing brand positioning for the distillery in the UK and overseas
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CBD drinks brand Cannabrew secures £250k loan to fund expansion
The Lancaster-based business plans to bring its production in-house, opening its own taproom in March 2023
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City snapshot: Revenues sparkle at Chapel Down as market share grows
Sparkling wine sales at English producer Chapel Down have fizzed 53% higher as a record number of bottles of its premium offering were sold last year. Plus, consumer confidence turns a corner in the UK following 15 months of decline
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Plant-based brands lead the way as crowdfunders defy inflation pressure
The latest annual report by Seedrs revealed a 24% uptick in successful campaigns in the category to 97 in 2022, with businesses raising £105.1m in total, a year-on-year increase of 14%.
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Diageo shells out €260m-plus for ‘super premium’ Don Papa Rum
Diageo has agreed to acquire Don Papa Rum, a super-premium, dark rum from the Philippines, in a deal worth up to €438m (£385m)
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The Lakes Distillery appoints Sarah Burgess as whiskey-maker
Burgess takes over from Dhavall Gandhi, who has opened his own consultancy
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Wine producer Cantina Goccia develops filling machine for paper bottles
The Umbria facility will initially fill 1,000 paper bottles per hour, with the opportunity to double capacity in the future
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City snapshot: C&C Group warns strikes and cost of living will hit full year profits
Beer and cider producer and distributer C&C Group has warned rail strikes and cost of living pressures will hit its full year performance, despite strong trading in December
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Alcohol shopper age verification tech trials a success
The participating retailers confirmed their support of digital age verification, and said they would welcome legislative change to permit it
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Curious Brewery rescues Wild Beer Co from administration
Kent-based Curious Brewery has rescued the Wild Beer Co brand from administration in a deal which will double production at its Ashford brewery
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Waitrose swaps small glass wine bottles for aluminium cans
The switch applies to all mini wines except prosecco, cava, champagne and rioja
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BrewDog CEO James Watt pays £500k to ‘solid gold’ beer can winners
‘I falsely thought the cans were made from solid gold when they were, indeed, only gold plated,’ said Watt
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BrewDog soda brand delisted from Tesco after less than a year
It debuted a quartet of drinks – Hazy Lemon, Jagged Grapefruit, Dark Cherry and Citizen Cola – in February 2022
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Global Brands takes control of Hooch, Hooper’s and Reef from Molson Coors
The three brands have been produced and distributed by Global Brands since 2012, under licence from the North American brewing giant.
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Legal challenge threatening deposit return scheme launch gets go-ahead
The Scottish Court of Session last week gave permission for a case brought by convenience store owner Abdul Majid
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Drinks industry welcomes government decision to extend freeze on alcohol duty
The decision to delay any new changes until 1 August coincides with the beginning of the government’s new simplified alcohol tax system
