The Nielsen figures cover US spending on alcohol in both the on- and off-trade setting between October 2016 and October 2017.
The report found that spirits were the ‘growth leader’ over that period, with sales increasing faster than wine and beer.
Alcohol brands like Heineken and William Grant & Sons have concerns about using Snapchat as a marketing platform because they don’t think the app’s age-filtering feature is effective. But that’s not a hurdle for Moët.
A giant wine and liquor wholesaler whose employees engaged in "pay to play" schemes to win business in Upstate New York has been hit with the largest civil fine in the history of the New York State Liquor Authority.
There's a lot to know when it comes to drinking whisky.
Whether it's deciding whether or not to have ice, what brand to buy, or simply knowing the difference between whisky and whiskey, there's a lot behind enjoying a glass of scotch, bourbon, or rye.
Scotland’s new 50p minimum alcohol unit price, which will come into effect on 1 May 2018, will raise the average price of sparkling wine and perry by 116% and the price of cider by 90%, the Institute for Fiscal Studies (IFS) revealed on Friday.
Marketing fads develop rapidly, almost explosively. But they are transitory, flaming out quickly. Longer-term trends usually unfold more slowly, like the petals of a flower opening in spring.
This wine will give you a buzz, but not a hangover.
A California-based winery created a bottle of wine infused with cannabis and no alcohol that could get you high and promises to prevent that awful next-day feeling you get after tossing back too much booze.
Members of the U.S. Senate and House of Representatives agreed over the weekend on a sweeping rewrite of the U.S. tax code that will include excise tax relief for alcohol producers and importers. The Craft Beverage Modernization and Tax Reform Act (CBMTRA) survived a conference committee of the House and Senate and will be included in the final version of the Tax Cuts and Jobs Act.
Hong Kong and Argentina have signed a memorandum of understanding (MOU) to co-operate and promote wine trade between the two countries.
The MOU is not only related to wine related trade and investment promotion, but also focuses to the co-operation between the two countries in education, training and in the prevention of counterfeiting of wines.
Ho CHI MINH CITY/SINGAPORE (Reuters) - Thai Beverage (TBEV.SI) has won an auction to buy a majority stake worth $4.84 billion in Vietnam’s top brewer Sabeco SAB.HM, a lofty deal that adds a major asset to the beer-to-property empire of Thai magnate Charoen Sirivadhanabhakdi.