Drinks: latest news, insights and analysis | ESM Magazine

Dubai Scraps 30% Tax On Alcohol Sales Amid Economic Rebound

Dubai has suspended a tax of 30% on alcohol and dropped a licence fee previously needed to buy alcohol in the commercial and tourism hub, two major retaile...

EU Spirits Group Calls For Three-Pillar Trade Strategy With ASEAN Countries

spiritsEUROPE, which represents the spirits sector at EU level, has called for the establishment of a 'three-pillar' trade strategy with ASEAN markets in S...

Naked Wines 'Laying The Foundation' For Long-Term Growth, Says CEO

Naked Wines is "laying the foundation for a return to [...] sustained, profitable growth", its chief executive Nick Devlin has said, as the group...

Rémy Cointreau Posts First-Half Profit Above Expectations

Rémy Cointreau reported a stronger-than-expected 27.2% organic jump in first-half operating profit, driven by strong demand for its premium cognac i...

Heineken Seeks To Offset Cost Inflation As Revenues Rise In Third Quarter

Heineken has reported a 27.5% increase in revenue in the third quarter of its financial year, as the brewer steps up its efforts to tackle increasing cost...

Rémy Cointreau Confident About Full Year After Q2 Sales Exceed Expectations

Rémy Cointreau said it was looking to the 2022/2023 full year with confidence after its sales rose by a stronger-than-expected 16.2% in the second q...

Pernod Ricard Confident As First-Quarter Sales Beat Expectations

French spirits maker Pernod Ricard said it was confident sales growth would remain dynamic through its 2023 fiscal year after it delivered a forecast-beati...