Not content to let gin to continue to usurp the vodka market, Smirnoff has just launched Raspberry Crush in what looks like an attempt to cash in on the pink gin craze. An advantage that vodka makers have in creating pink creations is that vodka is not lead by any specific flavour, unlike gin. Though…
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Book author and creator of TV shows, Aaron Sorkin says: “The greater fool is actually an economic term. It’s a patsy. For the rest of us to profit, we need a greater fool— someone who will buy long and sell short…it is someone with the perfect blend of self-delusion and ego to think that he…
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Edinburgh Gin has collaborated with Phoebe Waller-Bridge to release a special limited-edition gin that tells the inside story of her iconic work and its connection with the brand’s legendary home city. Every penny of profit will be donated to the Edinburgh Fringe Festival, creating a new fund for artist talent and their craft. Phoebe’s breakthrough…
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We all know the three main key categories in the alcohol business – spirits, beer and wine. But according to the world’s largest brewer, AB InBev, the ‘fourth category’ is where significant growth potential lies, reports Beverage Daily. This category includes Ready to Drink (RTD) alcohol, canned cocktails, hard seltzers and flavoured malt beverages. According…
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London’s auction Sotheby’s has announced that is sold a case of 24 bottles of Moutai for $1.4 million (around £1 million). This was five times more than what was expected and the highest price ever paid at auction for a single lot of Moutai outside of China, according to Sotheby’s. Fourteen bidders were involved in…
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Low-to-no spirits have been seen for too long as a fringe product. But no longer, they’re now ready for prime time, found online, in supermarkets and flying with British Airlines. This was the message at the recent Low2No Bev event at Truman’s Brewery in east London. If you’re thinking about creating a low-to-no alcohol spirit,…
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The four-week delay to lifting all Covid restrictions has shattered the UK hospitality industry which is liable to lose around £3 billion in trade and sees a “lost summer” of bookings. UKHospitality is now calling for urgent further support for suffering hospitality businesses following the announcement that Covid restrictions will remain for another four weeks….
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A whisky produced at the Glenlivet Distillery 80-years-ago will be poured into 250 bespoked decanters with Decanter No. 1 auctioned off by Sothbey’s. Proceeds will go to the Scottish charity Trees for Life. On 3rd February 1940 in a quiet corner in the north of Scotland, George Urquhart and his father, John, had the extraordinary…
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UK spirit and wine businesses are celebrating the free trade agreement (FTA) with Australia, which will reduce the cost for exporters and importers alike and will mean greater choice for UK consumers, reports the Wine and Spirit Trade Association (WSTA). In 2020, the UK exported £27m worth of British gin to Australia, which was one…
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The Chinese market and spirits industry has a firm grip on the top five spirit spots, according to data from Brand Finance. Growth, however, is across the spirits sector with the total value of the world’s top 50 most valuable spirits brands having increased by five percent, up from US$129.7 billion in 2020 to US$135.9 billion in 2021. Performing particularly well in the ranking this year are the…
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