The challenges facing South African brandy

Despite its excellence, South African brandy has an image problem, at home and overseas. But, as The Spirits Business discovers, it has some passionate producers keen to fly the flag for the sector. *This feature was originally published in the October 2020 issue of The Spirits Business Few spirits‐producing nations have had it quite as bad as South Africa in this year of the plague. While off‐licenses were deemed ‘essential’ in the UK and remained…

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BNIA: US tariffs will ‘destroy’ Armagnac industry

The Bureau National Interprofessionnel de l’Armagnac (BNIA) has slammed the introduction of a 25% tariff on Armagnac in the US, arguing the move will ‘destroy’ the industry. The US will impose a 25% tariff on additional European goods, including Cognac and brandy from France and Germany, from 12 January. The tariffs are being added as part of a long-running dispute between the EU and the US regarding plane manufacturers Airbus and Boeing. The BNIA trade…

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Cognac and brandy brands to watch in 2021

While the Cognac and brandy sector was hit by the pandemic, the rise of digital could be key to its recovery in the years ahead. We present the brands worth keeping an eye on in the next 12 months. After five consecutive years of growth that saw 14 million nine‐litre cases of Cognac sold in 2019, the category is expected to decline in 2020 due to the impact of the pandemic. According to figures from…

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UK ends tariffs on US rum, vodka and brandy

The UK government said it would suspend the tariffs that the EU imposed on US$4 billion of US goods as part of the long-running Airbus and Boeing dispute, signalling good news for rum, vodka, brandy and vermouth. The trade war between the European Union (EU) and the US is part of a 16-year dispute between aircraft manufacturers Airbus and Boeing. In 2019, the US government imposed tariffs on US$7.5bn worth of EU goods, including single…

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Constellation Brands buys Copper & Kings

US drinks firm Constellation Brands has acquired Kentucky-based brandy producer Copper & Kings for an undisclosed sum. In January 2018, Svedka vodka producer Constellation Brands purchased a minority stake in Copper & Kings through its venture capital arm, Constellation Ventures. The acquisition is the company’s first outright purchase through Constellation Ventures. Jennifer Evans, vice president of Constellation Ventures, said: “When making a ventures investment, we look for brands that want to push boundaries, grow with…

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