Brown-Forman delivers mid-single-digit growth in H1

Jack Daniel’s owner Brown-Forman has reported a net sales increase of 5% to US$1.8 billion in the first six months of its 2020 fiscal year, boosted by Tequila and premium Bourbons. In the company’s six month period ending 31 October, operating income increased 1% in the quarter to US$600 million. Brown-Forman also reported its net sales for the second quarter, which were up 9% to US$989m. Operating income for the period increased 6% to US$352m.…

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SB meets… Alexandra Rasmusson Rankloo, Nordic Beverage Company

The sales and marketing head of new firm Nordic Beverage Company on sustainability, the low-ABV trend and challenging the big players. Please tell our readers about Nordic Beverage Company Nordic Beverage Company, or Nobeco, is a Swedish company operating within the wine and spirits industry. As we control the entire production process, we strive to always keep sustainability in mind in all aspects of the business. A goal of ours is to act as a modern…

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Nc’nean to launch £1m crowdfunding drive

Highland distillery Nc’nean is looking to raise £1 million (US$1.3m) through crowdfunding to help accelerate its growth. The sustainable whisky distillery has launched a Seedrs campaign to support the launch of Nc’nean’s first whisky next year and further portfolio expansion. It will also be used to continue the growth of its botanical spirit and to buy bottling equipment. Nc’nean is based on the west coast of Scotland and was founded by Annabel Thomas and Derek…

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Dixie becomes ‘official vodka of Nascar’

Car racing operator Nascar has signed a multi-year partnership with American vodka brand Dixie. Under the agreement, the Charleston-made brand has been named the ‘official vodka of Nascar’ and will sponsor the Nascar Cup Series race at Homestead-Miami Speedway next season, commemorating the track’s 25th anniversary. “Our goal from day one has been to align with partners who share our mission of promoting the best of our region’s wonderful hospitality, flavours and craftsmanship,” said Matti Christian…

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Whisky Exchange’s Singh brothers on 20 years of success

As groundbreaking company The Whisky Exchange celebrates its 20th anniversary this year, the indefatigable founders Sukhinder and Rajbir Singh tell The Spirits Business about their past – and their future. *This feature was originally published in the October 2019 issue of The Spirits Business Since its inception, The Whisky Exchange was always going to be a family affair – but its creation was never intentional. “It was never the plan. Completely accidental,” says Sukhinder Singh,…

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