At the end of another topsy-turvy 12 months for the global beverage industry, a clearer picture of who the biggest winners and losers are in the post-pandemic landscape is beginning to emerge. With quarter-four and full-year results done and dusted, premium spirits has (once again) been the standout performer in 2021.
Whether through self-sanction or authorities’ instructions, the Russian market for aged spirits has gone. Category commentator Richard Woodard considers the impact on brand owners.
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By GlobalDataThe Winter Paralympics have been a brilliant awareness driver for the non-disabled, bringing the myriad ways that a person can be disabled into the spotlight, and showcasing just how much talent and skill these athletes have. As these impressive feats of sporting prowess fade from memory, however, the disabled community once again becomes virtually invisible.
Stay up to date with the latest beverage-related developments as the crisis unfolds.
In Just Drinks’ data centre:
Concha y Toro has overcome the supply chain squeeze in the third quarter of last year, with a healthy Q4 sales lift driving 2021 to a stronger showing.
Short-term turbulence in the form of rising costs has not derailed Fever-Tree from its upbeat view of the longer term for premium mixers.
Tito’s Handmade Vodka owner Fifth Generation has readied the brand’s debut in two new markets in South America along with a change of partner in Brazil.
Diageo’s United Spirits division has confirmed the purchase of a 22.5% holding in Nao Spirits in India.
Tequila Tromba has selected Mark Anthony Wine & Spirits as its importer and distributor for Canada.
On our news pages:
Three-quarters of regular craft beer consumers in the US would purchase more often if direct-to-consumer (D2C) shipping was available to them, according to a survey in the country this week.
Changing consumer habits such as a growing preference for at-home drinking poses an existential threat to traditional formats of draught beer in the UK, according to a new report.
Diageo’s United Spirits division has found a prospective buyer for several of its lower-margin spirits brands in India, including Bagpiper and Haywards whiskies and White Mischief vodka, according to reports.
C&C Group has expressed confidence in its ability to weather the “evolving inflationary cost environment” thanks to a three-pronged approach.
Direct-to-consumer start-up Nio Cocktails has partnered with Rémy Cointreau on a premix cocktail set featuring the latter’s Bruichladdich and The Botanist spirits brands.
Diageo has blamed an “administrative error” for its failure to secure environmental permits that have drawn a fine in Scotland.
Jones Soda Co has unveiled the first products from a new cannabis-infused beverage brand.
Heineken has unveiled a tongue-in-cheek digital version of its Heineken Silver brand extension, created within the virtual reality platform Decentraland.
From Just Drinks’ parent company, GlobalData:
North America has retained and grown its dominance of ‘Digital Media’ hirings among beverage companies, according to recent research.
