Furlough extension 'not enough' / Tesla launches Tequila / Global bar report

Posted By: mr.b - 5:19 AM
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Trade body UK Hospitality has welcomed chancellor Rishi Sunak’s extension of the Coronavirus Job Retention Scheme until March but warned that more support is needed to ensure businesses survive.

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Automotive and energy firm Tesla has moved into spirits with the release of a namesake Tequila priced at US$250.

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The bar industry has faced colossal challenges in 2020. The Spirits Business explores the current state of affairs region by region.

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Nordic drinks group Altia has reported a 5.5% sales drop for the nine months to September 2020, despite recovery during the third quarter.

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Scotch whisky brand Glengoyne has released a new 500-piece jigsaw puzzle and two time-inspired gift sets.

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From a series of takeovers at Singapore's Smoke & Mirrors to a gin-themed caravan available to rent in Australia, the drinks industry is pulling out all the stops to keep imbibers entertained this weekend.

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Blended whisky brand Pure Scot has entered the ready-to-drink category with two expressions, including the "world's first" canned Scotch and tonic water.

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In other news...

The first UK lockdown led to a loss of £11.1 billion (US$14.5bn) in on-trade drinks sales.

Gordon & MacPhail launched a 40-year-old single malt whisky from Miltonduff Distillery.

United Spirits reported a 29.7% sales decline for the first half of its 2021 fiscal year.

 

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