No Caribbean Appetite for a Rum Fight
It is alarming that Barbados' Ambassador to the United States, John Beale, has publicly stated that CARICOM (the 15-nation Caribbean Community) is "inactive" and needs to take a position on the issue of Caribbean rums being wiped-out of the US market. ...
Frothy Craft Beer Industry Keeps M&A On Ice
Craft brewers' production soared again in the first half of 2014 to keep high-end beer makers at the forefront of a bustling beverage marketplace, but despite the segment's eye-popping growth and frothy prospects, unique M&A dynamics have largely relegated deal...
Mezcal Vies with Tequila for Bigger Share of Drink Market
Mezcal, Mexico's oldest smoky spirit, has been gaining in popularity globally, and its much bigger cousin, tequila, has taken notice, with one big corporate brand returning to a centuries-old method of production. Both drinks are made from agaves, cacti that...
India: Rivals Gain as United Spirits’ Market Share Loss Continues
In the June quarter, except for United Spirits, most liquor companies reported an increase in volumes , largely thanks to the liquor distributed by political parties during elections-a widespread practice in India. United Spirits Ltd, which is struggling to...
New Jersey: New Round of Debate set on N.J.’s Liquor Licenses
Proponents of an overhaul of New Jersey's liquor-license laws are expecting to gain some traction this year after decades of proposals and legislation kicking around unsuccessfully. Assemblyman John Burzichelli, D-Gloucester, has been circulating a rough draft...
Chile: Global Rum Brands ‘flee the market’ in Chile
Rum volumes in Chile have dropped 40% in the past two years as international brands "flee the market", a leading drinks analyst has claimed. According to David Mackinson, research analysts at Euromonitor International, rum sales have dropped dramatically over...
Utah: Annual Liquor Sales in Utah up $20 Million
Utah alcohol sales reached another record high, growing by more than $20 million over the past year, according to a report released Tuesday by the Utah Department of Alcoholic Beverage Control (DABC). During the 2013-2014 fiscal year, which ended June 30, total...
China Will Be World’s Biggest Beer Market
Increasing disposable incomes will help China overtake the US as the world's largest beer market by 2017, according to Euromonitor analysts. China is already the largest market in terms of volume. However by 2017 it will take over the US in terms of...
Pennsylvania: Pennsylvania Liquor Control Board Suspends In-Store Tastings
Customers who have enjoyed a sip of a white Burgundy or pinot noir at weekly staff-led wine tastings at state wine and spirits stores will find the supply dried up for the next few weeks. The state Liquor Control Board suspended in-store tastings led by staff...