Beer is Favorite Alcohol Category Overall But Spirits Winning Among Women and Age 21-27, Study Shows
PRLog (Press Release) - Nov. 20, 2012 - A recent survey of alcohol consumer behaviors in the United States showed that while beer may be by far the most popular alcoholic beverage category in terms of per capita consumption, what consumers name as their favorite...
Op-ed: Are these high liquor prices what was promised by Initiative 1183?
UNDER state law, it’s illegal to deceive in trade or commerce. After successive years in which initiative campaigns have spent tens of millions of dollars, it seems our state’s initiative process is all about commerce. Yet it’s OK to deceive in selling initiatives....
Diageo’s $2.1 Billion Deal Signals More Consolidation On The Way
A week ago, spirit conglomerate Diageo (DEO) agreed to buy a majority stake in United Spirits, India's largest spirit company. Diageo said it would end up with 53.4% in United Spirits for a price tag of $2.1 billion or 20x trailing EBITDA. This transaction continues...
Irish Whiskey’s Boom Prompts Expansion Plans
Irish whiskey’s strong upswing of recent years shows no sign of slowing. The category’s six top global markets by volume all grew last calendar year, with the U.S. (ranked first), South Africa (fifth) and Germany (sixth) all showing double-digit growth. The U.S. was...
THE SITUATION Sues Vodka Company You Owe Me Millions!
Protein infused vodka sounds like a good idea (kind of) ... unless you're The Situation ... who's suing the company behind the product for allegedly screwing him out MILLIONS OF DOLLARS. Sitch recently filed a lawsuit against Devotion Spirits -- a company he inked an...
Whyte & Mackay may be put on block to smoothen Diageo deal
Analysts say that several industry players such as Italy's Gruppo Campari that owns the Glen Grant brand, Bacardi and Japanese firm Suntory would want to gulp up Whyte & Mackay (W&M) that owns brands such as Dalmore and Isle of Jura to scale up their presence...
HIGH TAXES BLAMED FOR RISE IN SPIRITS COUNTERFEITING
A study from the Institute of Economic Affairs (IEA) has claimed that “high alcohol duties are pushing people to purchase booze from the black market. “As the duties continue to rise, it is expected these fakes will continue to flood the market, harming the genuine...
Vodka Billionaire’s Threatened Exit Spikes Yields: Poland Credit
The bond yields of Poland’s second- biggest vodka maker surged to a record and Standard & Poor’s cut its credit rating after billionaire Roustam Tariko threatened to walk away from a deal designed to save the company from default. The yield on Central European...
Scotch trade is seeing the benefit of a diplomat’s steady hand
BEHIND the twinkling smile and the ready laughter there is the precise and considered logic of a man who has enjoyed a distinguished career as diplomat. Before taking over as chief executive of the Scotch Whisky Association, which has its nerve centre in a grand...