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"The current situation is unprecedented and hard to predict," said Dr Liliana Danila, chief economist at The Food and Drink Federation.
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DISCUS said the “decline was driven primarily by downturns in two key established markets”, Canada and the EU.
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The French spirits giant bought Kenwood from Korbel, also known as F Korbel & Bros., in 2014.
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The soft drinks giant is making the investment alongside local "authorised bottlers" Coca-Cola Beverages South Africa and Coca-Cola Peninsula Beverages.
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The stories of Waterford Whisky and Powerscourt Distillery – like the stills that have fallen silent across Ireland – constitute a jolting wake-up call for the industry, writes Richard Woodard.
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Princes is facing “substantial” cost increases but the UK group believes its business can perform well if consumer confidence comes under pressure.
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The new line includes blanco and reposado variants both at 35% abv and an añejo variant at 40% abv.
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Ambienta said it will support The Bridge’s goal of becoming “one of the leading players in the sector".
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