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Daily Newsletter

14 September 2023

Daily Newsletter

14 September 2023

Constellation Brands, AB InBev’s Grupo Modelo settle Reserva suit

AB InBev alleged Constellation had broken a US licensing agreement.

Conor Reynolds September 13 2023

Credit: Modelo

The founder of Owney’s Rum, Bridget Firtle, has bought back the rum brand from Proximo Spirits, a subsidiary of Mexican spirits major Becle.

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Non-alcoholic beverages (NAB) market remain resilient despite inflationary pressure

Per GlobalData analysis, the NAB market has a strong outlook in terms of value and steady forecasting for volume up to 2026. The industry has been resilient to the pandemic and inflationary pressure as consumers continue to up their intake of NABs. Rising health and wellness trends mean that a growing number of consumers are swapping alcohol consumption for NABs while others are adding more drinks to their diet for improved hydration and extra nutritional value from fortified and functional NABs.

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