The Week in Alcohol - All you need to know
Global Drinks Intel
Reporting on the latest developments and trends in the world's drinks industry, featuring analysis, commentary and data.
On Global Drinks Intel this week...
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As this year's ProWein trade show approaches, here’s what to expect from the standout exhibitors shaping the future of the industry.
A marked sales dip in Asia Pacific has failed to derail Anheuser-Busch InBev, which has followed rival Heineken in booking positive performances from both the final quarter and full year of 2024.
On the same day as its announcement of a 2.7% rise in full-year sales for 2024, Anheuser-Busch InBev offered up CFO Fernando Tennenbaum for a talk-through of the performance with Global Drinks Intel editor Olly Wehring.
Jose Cuervo brand operator Proximo Spirits saw its 2024 performance struggle as the year wore on, with sales in the final quarter of the year falling by double digits.
The number of venues in the on-premise channel continues to fall, but the channel remains essential for the future of the alcohol industry, according to research this week.
The beverage alcohol trend of premiumisation in the US has faded in recent months, according to recently-released research, resulting in a drag on wine and spirits sales.
James Hayman comes from enviable gin stock. A direct descendant of the creator of Beefeater, he has worked for his namesake company since 2004. Today, Hayman’s of London remains family-owned, but the distiller’s clear lines of control have not made it immune to the downturn in gin in recent years. Last month, Global Drinks Intel editor Olly Wehring dropped in at the Hayman distillery in south-west London to see how the company is faring.
Economic pressures and competition from rival spirits categories have slowed rum’s momentum in Europe – but positive underlying consumer trends are keeping brand owners’ hopes for the future afloat.
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