Alcohol news 5 – Page 8
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NewsCity News: Carlsberg sales surge but instability concerns weigh on shares
Sales at Carlsberg have soared past pre-pandemic levels as warm summer weather and the resurgent on-trade boosted performance. However, shares remain down for the year due to concerns over its second half outlook and instability in eastern Europe
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Beefeater adds Rhubarb & Cranberry to flavoured gin lineup
The 37.5% abv spirit combines botanicals with ’slightly richer notes of rhubarb and a delightful burst of juicy cranberry’
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City Snapshot: Food prices soar to 14-year high
Food and drink prices have jumped sharply once again as inflation in the sector continued to race ahead of the UK headline rate. Plus, first-half results from Carlsberg and Glanbia.
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Halewood Artisanal Spirits appoints Neil Jardine UK & Ireland MD
Former MD John Bradbury will move into a non-executive director position at the business
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Speyside Brewery to recommence production from new site following investment
The Forres-based brewery will move to a new site ‘a few yards’ away, after being mothballed during the pandemic
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Premium tequila brand Kah makes supermarket debut
Tesco is the first UK retailer to list the brand’s ‘brick-shaped’ bottle, previously only available in the US and Canada
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Low-calorie alcohol retailer DrinkWell secures £1m to fund expansion
The funding will allow the retailer to scale and grow its team, while investing in NPD
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Kingsland Drinks appoints Andy Henderson as operations director
Henderson brings 20 years’ experience to Kingsland, having worked at the likes of Coca-Cola European Partners and HJ Heinz
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Served recruits Hector Gorosabel and Matt Tapper to senior board
It follows a multimillion-pound investment round in the brand, backed by several industry veterans – including Gorosabel and Tapper
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Lion sells Magic Rock and Fourpure to Odyssey Inns
Lion Little World Beverages has sold its UK operations, including its Magic Rock and Fourpure beer brands, to newly launched venture Odyssey Inns
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Mocktail brand Savyll secures £500k and lands Ocado listing
The London startup received the six-figure backing from angel investors
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Asahi signs biggest ever marketing deal with Man City owner
City Football Group owns the Manchester City, Melbourne City, Yokohama F Marinos and Sichuan Jiuniu teams
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Snoop Dogg enlists Treasury Wine Estates to bring Cali wine to the UK
‘I wanted to create a wine that looked and tasted like something people who don’t usually drink wine would want to try,’ said the rapper
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City Snapshot: Heineken fails to scare off drinkers as sales and profits soar despite higher prices
Sales and profits at Heineken have grown in the high double digits as consumers drank more beer despite prices rising. Plus, a Q1 update from Cranswick and the latest investment from Agronomics.
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James Calder steps down as SIBA chief executive
SIBA’s senior management team will manage the organisation until Calder’s successor is appointed
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Greenall’s to launch paper gin bottle into Sainsbury’s
The brand has partnered with climate action organisation Ecologi to plant one tree for every paper bottle sold
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Amarula cream liqueur brand to make debut in gin
The spirit rings in at 43% abv and is claimed to be the only gin on the market made from marula fruit spirit, which is indegenous to sub-Saharan Africa
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Tax gap on alcohol and tobacco rises to an estimated £3.7 billion in 2021
The increase indicates that tax evasion and the illegal importation of tobacco is a growing problem in the UK
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Kingsland Drinks partners with Manchester Still to open new distilling facility
The facility will be “focused on the development of premium, innovative spirits and non-alcoholic beverages that will appeal to mixologists, bartenders and consumers alike”
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Malibu gets major new campaign along with new mascot
The brand’s sales have risen significantly when compared to Malibu’s pre-pandemic value
