US spirits sales rise as consumers ‘stock up’

Off-trade spirits sales in the US rose 26.4% in the week ending 14 March as consumers stocked up amid the coronavirus pandemic, according to data analyst Nielsen. The latest figures from Nielsen show that off-trade alcohol sales in the US are booming, with spirit sales up 26.4% over the same week in 2019. Wine sales were also up 27.6% and beer, flavoured malt beverages and cider sales grew 14% in the week ending 14 March.…

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Drinks industry responds to 2020 budget

Today’s UK budget addressed looming issues such as coronavirus and US tariffs, while spirits duty was once again frozen. The Spirits Business rounds up views from the drinks industry to see how the statement could impact the sector. Earlier today (11 March), the drinks industry was delivered some good news when new UK chancellor Rishi Sunak said in the 2020 budget that the “planned increase in spirits duty will be cancelled”, while duty on beer,…

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Spirits Europe hits out at Luxembourg’s alcohol proposal

Trade body Spirits Europe has written to the Luxembourg government to advise against its “misguided” proposal to raise the legal purchasing age for spirits, but not for wine or beer. Currently, the minimum age to buy beer, wine and spirits in Luxembourg is 16. However, the Ministry for Health and Economic Affairs in the country is considering raising the legal purchasing age for spirits to 18. The ministry does not plan to alter the purchasing…

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How coronavirus will affect the spirits industry

The window to contain a dangerous new strain of coronavirus seems to be almost entirely shut. With traveller numbers to China down, The Spirits Business investigates the impact the illness could have on the long-term health of the spirits sector. The Chinese Grand Prix, the Mobile World Congress and the Asia leg of rapper Stormzy’s tour are just a few events that have been cancelled or postponed because of the potentially fatal coronavirus (Covid‐19) outbreak,…

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Global Brands establishes premium spirits arm

VK producer Global Brands has created a new independent spirits division to tap into the growing trend for premium drinks. The dedicated premium spirits division, called Inspirit, will debut with a range of gins including Rock Rose Gin, Mistral Gin, Ginraw Gin, Didsbury Gin, and Teichenné’s gin portfolio, as well as Techienné liqueurs, Holy Grass Vodka and Bonanto Aperitivo. The unit will also explore rum, Tequila, whisky and the low- and no-alcohol category. The Inspirit…

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