The EU beer market estimates that its sales have dropped by 20% so far this year, a figure which could rise to 25% by the end of the year, the secretary-general of the Brewers of Europe, told EURACTIV in an interview.
“Our estimate is that on average, we have lost until now about 20% of our beer sales,” Pierre-Olivier Bergeron said, referring to the first six months of the pandemic.
The US bar and restaurant industry revived 592,000 jobs across the country in July, according to new statistics from the Bureau of Labor.
In the midst of an already challenging year between the coronavirus and flattening sales, the U.S. wine sector was hit with a surprising blow last month that threatens to erect another obstacle to its growth into the future.
Ukrainian vodka brand Nemiroff has agreed a distribution deal with Coca-Cola HBC in Austria.
Effective from September 2020, Coca-Cola HBC Austria will distribute Nemiroff De Luxe, Nemiroff De Luxe Honey Pepper and Nemiroff Lex Super Premium Vodka.
INDIA — Ashika Capital Limited, a future focused investment banking firm, facilitated a one-of-a-kind deal for Independence Brewing Company (IBC), one of the largest & oldest microbreweries in India, with parent company Indus Brew LLC located in the US.
The explosive growth of kombucha has dramatically changed this once niche beverage category. From 2018 to 2019, the category grew 25.4% after leaping 60.1% the year before, according to SPINS data cited by Food Navigator.
To say that the first half of 2020 has been a struggle is grossly understating it. The beer industry entered the year already showing signs of a shake-up with both craft/independent and large, multinational corporations looking for ways to tighten their belts.
The chief executive of the Wine and Spirit Trade Association (WSTA) said he was worried that more work is not being done to ensure a deal is secured before the end of the Brexit transition period.
The list of states still closed to winery direct-to-consumer shipments has dwindled to just four — Utah, Delaware, Alabama and Mississippi — but efforts to open those hit a novel roadblock this year as state capitols were shut down during the initial closures related to the ongoing pandemic.
MIAMI & DALLAS--(BUSINESS WIRE)--Southern Glazer’s Wine & Spirits (“Southern Glazer’s”)—the world's pre-eminent distributor of beverage alcohol—today announced that Rudy Ruiz, Executive Vice President of Emerging Spirits Brands, will be leaving the Company, effective July 3, 2020, to join industry innovator Park Street.