Cocktails sales are up, says Wetherspoons

Pub chain Wetherspoons says that young people going out post-lockdown have helped sales of drinks such as mojitos and cosmopolitans rise by 45 percent over 2020, along with rum and vodka sales.

However, according to the BBC, ale sales are down by 30 percent.

In looking at other pub and bar sales, this seems to be reflected with them as well. One reason for this could be that older drinkers have not ventured back into public venues, with a shift in customers towards younger patrons.

Laura Hoy, equity analyst at Hargreaves Lansdown, told the BBC that a “permanent” shift in favour of younger pubgoers could be bad news.

The more cautious attitude seen among older customers “should wane as the pandemic comes under control, but there’s no telling how long that will take”, she said.

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