United Spirits temporarily closes distilling sites in India

Diageo-controlled drinks group United Spirits has closed its offices and manufacturing facilities in India following the country’s 21-day coronavirus lockdown. India imposed a nationwide lockdown a week ago on 24 March to stop the imminent spread of covid-19. In a notice to shareholders last Thursday (26 March), United Spirits said it had been “closely monitoring the situation and managing its operations while taking necessary preventive measures”. United Spirits has closed all its offices and manufacturing…

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Beam Suntory creates Scotch and Bourbon blend

Beam Suntory has created a blended whisky brand for the Indian market that combines Scotch and Bourbon, called Oaksmith. Created by Suntory’s chief blender Shinji Fukuyo, the brand is available in two variants: Oaksmith and Oaksmith Gold. The new launch aligns with Beam Suntory’s ambition to reach US$1 billion in sales in India by 2030 and is “key” to the firm’s growth strategy in the market. Said to combine the “best of east and west…

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Kadle joins Beam Suntory India as board chairman

Beam Suntory has appointed Praveen K Kadle as independent director and chairman of the board for the firm’s Indian arm. Kadle will support Beam Suntory’s growth ambitions in the “key developing market” of India, where the company has set the goal of reaching US$1 billion in sales by 2030. “Beam Suntory has an ambition to become the world’s most admired, fastest-growing spirits company, and the board of directors provides strategic vision and direction as to…

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United Spirits H1 hit by ‘consumption slowdown’

Diageo-controlled Indian drinks group United Spirits saw its 2019 first-half net sales grow by 7%, but was impacted by “broad-based consumption slowdown”. For the six months to 30 September 2019, United Spirits’ sales reached Rs. 4.2 million crores (US$59.8m). Sales were impacted by general elections in the first quarter and “consumption slowdown coupled with liquidity challenges in certain markets and temporary supply chain disruption” in the firm’s bottled-in-origin Scotch portfolio during the second quarter. United…

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Nemiroff expands duty free availability

Ukrainian vodka brand Nemiroff has expanded its presence in travel retail and appointed a new distributor for its products in Germany. Nemiroff has appointed African Eastern as its travel retail distributor in the UAE and on the Indian subcontinent. The Ukrainian brand, which sponsors American martial arts championship UFC, also launched an advertising campaign at Dubai Duty Free to coincide with a UFC event in the city. Chirag Aggarwal, business manager – travel retail at…

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