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ALCOHOL MARKET RECOVERY
Tequila giant Becle makes direct India push, appoints Shweta Jain as MDProximo is among the last major global spirits companies to establish a direct India operation. Most of its international rivals are alread...- Breaking Snooze: Inside the booming sleep economyIn the wake of a global sleep epidemic, it was only a matter of time before an entire ecosystem emerged around the promise of better sleep....
- China's Q2 GDP growth cools to 3-1/2-year low, structural imbalances complicate policyChina's second-quarter economic growth slowed to its weakest pace in over three years. Official data revealed a 4.3% annual rise, missing a...
- Global Market: China's factory inflation hits four-year high, keeping metals and industrial stocks in focusChina's factory-gate inflation reached its fastest pace in four years during June. Producer prices rose 4.1 percent year-on-year, driven by...
- These mid-cap stocks with ‘Strong Buy’ & ‘Buy’ recos can rally over 25%, according to analystsIt is probably time to be bullish as an investor. But remember two things. One: Valuations are still not cheap. Two: Because it is over and...
- For investors who focus on the long term: 5 mid-cap stocks from different sectors with upside potential up to 28%When prices fall, caution comes naturally. Investors hesitate, portfolios are reviewed less often, and even optimists become careful. But w...
- Diageo India sees early signs of demand recovery: MD Praveen SomeshwarSpirits demand shows early signs of recovery. Diageo India notes consumption green shoots. The premium segment performed well this quarter....
- This addiction is more dangerous than alcohol or tobacco, new study warns of a silent trapA new study reveals that older Americans are now more likely to be addicted to ultra-processed foods than to alcohol or tobacco. The resear...
- Spirits rise as demand pours in againAlcohol sales in India saw a boost in the June quarter. Whisky, rum, vodka, and gin categories performed well. This growth comes after a pe...
- Alcohol segment resilient unlike other FMCG categories which are more price sensitive: Diageo India MDDespite significant excise duty hikes in Maharashtra, alcohol demand in India remains robust, with consumer spending showing double-digit g...
- Move over alcoholic beer! Gen Z ditch the signature drink for its non-alcoholic peer in growing trendLow-alcohol and non-alcoholic beers are gaining traction in the Indian market, driven by the wellness preferences of Gen Z and millennials....
- Women, do we need an intervention? Studies suggest that ladies turned to alcohol more during the pandemicDrinking has an effect on every part of life - from parenting to health care to the economy.
- Liquor cos offer ready-to-drink cocktail variants for the locked-in"We saw encouraging consumer trends with respect to the accelerated growth in the cocktail culture, enhanced consumer repertoire to try new...
- In a first, USL pips Pernod Ricard in premium segmentUnited Spirits (USL) has outpaced Pernod Ricard in the premium segment of India’s alcohol beverages market for the first time ever in the l...
- Liquor sales recover, rise 6 pc in fourth quarter; full FY21 number declines 12 pcStates such as Uttarakhand, Himachal Pradesh and Haryana reported over 40 per cent growth in IMFL sales during the fourth quarter of 2020-2...
- Liquor sales fell 12% during FY2020-21 due to lockdown, high cess: CIABCWhile the overall liquor market fell by 42% during the April-June quarter of the last fiscal, it fell 9% in the second quarter. The market,...
- Delhi to recover faster than other markets with liquor reforms, say alcobev industry execs“The fineprint of the policy, which includes increased serving timings for bars and restaurants from 1 am to 3 am, removing price restricti...
- No booze, more buzz: How bars without alcohol are creating a new wave around the worldBut guess what? Sober bars aren't really a new phenomenon.
- Alcobev cos note improving recovery and growth in premium spirits category post pandemic: Emkay Global reportCompanies highlighted the impact on the regular segment as consumers downtraded to cheap or country liquor in some states amid the pandemic...
- Alcohol abuse in US endemicAlmost a third of American adults admitted in a survey that they’ve abused alcohol during their lifetime, and most said they didn’t get tre...
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