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Hive Mind targets Gen Z and Millennial drinkers with dark cherry mead launch
Hive Mind has launched a dark cherry variant, signalling a renewed push to bring the honey-fermented beverage back into the spotlight for younger drinkers.
UK mead producer Lyme Bay targets low-alcohol occasions with sparkling RTD range
UK mead producer Lyme Bay has launched two low-alcohol sparkling meads, repositioning the honey-based drink as an RTD-style option for lighter drinking.
Saudi Arabia tests narrow alcohol framework, sending early signals to global F&B firms
Saudi Arabia is cautiously easing its alcohol ban, a limited shift prompting global food, beverage and hospitality groups to reassess the kingdom’s consumer market.
Pernod Ricard sells US Mumm Napa sparkling wine business to Trinchero
Pernod Ricard has signed an agreement to sell its Mumm Napa sparkling wine activities in the US to California-based wine and spirits company Trinchero.
Caffo Group to buy Valle Talloria site from Italian Wine Brands for Cinzano production
Italian Wine Brands has agreed to sell its site in Valle Talloria, Italy, to Caffo Group, for the production of Caffo’s Cinzano Italian vermouth and sparkling wine brand.
Alcohol consumption in US falls to 54% – Lowest rate in 90 years
A new poll from Gallup has revealed a significant decline in alcohol consumption among US adults, with only 54% reporting that they drink alcohol – the lowest figure recorded in nearly 90 years.