Philip Hancock joins IAADFS board

The International Association of Airport and Duty Free Stores (IAADFS) has appointed Philip Hancock to its board of directors. Hancock has worked as chief financial officer (CFO) for Three Sixty Duty Free since April 2018. He first joined the firm as chief accounting officer in April 2017. Hancock, who is also a board member of Hand in Hand for Haiti, said: “I am grateful to be in a position where I can contribute towards effecting…

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Spirits volumes to hit 2.8bn cases by 2023

Total global spirits volumes are expected to reach 2.8 billion nine-litre cases by 2023, according to the latest forecasts from Vinexpo and IWSR Drinks Market Analysis. Premium and super-premium spirits will be a “major factor” in the sector’s growth. While overall spirits volumes will continue to be led by local products, imported and global brands will steal market share from locally made spirits, growing 9% by 2023. Local whiskies from India, Burma, Angola, Kenya and…

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US and China sign Phase One trade deal

The Distilled Spirits Council of the US is urging China and the US to “continue negotiations” for a deal that removes tariffs on US spirits after the Phase One trade agreement between the two nations was signed yesterday (15 January). On Friday 23 August 2019, China’s Finance Ministry announced its intention to implement additional tariffs worth US$75 billion on 5,078 items, including American whiskey. The move was in response to US president Donald Trump’s decision…

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UK pub and bar numbers grow for first time in a decade

The number of pubs and bars in the UK grew by 315 to 39,130 in 2019 – the first increase in a decade. According to the Office for National Statistic’s (ONS) Economies of ale: changes in the UK pubs and bars sector, 2001 to 2019 report, the number of small pubs and bars – venues with fewer than 10 employees – in the UK increased for the first time in more than 15 years. In…

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Suntory brings Irish spirits distribution in-house

Maker’s Mark owner Beam Suntory has appointed Lucozade Ribena Suntory Ireland (LRSI) as its official spirits distributor in the Republic of Ireland. LRSI will take over distribution of Beam Suntory’s spirits portfolio, including brands such as Jim Beam Bourbon, Courvoisier Cognac, Kilbeggan Irish whiskey, Teacher’s blended Scotch whisky, Roku Japanese Gin and Sipsmith gin, from Irish distributor Barry & Fitzwilliam. Mark Aherne, general manager, LRSI, said: “I am delighted that LRSI has become the official…

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