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Rémy Cointreau has created a new Prestige Division aimed at accelerating the global development of its high-end wine and spirits portfolio.

William Grant & Sons’ Hendrick’s Gin is launching a new permanent addition to its premium gin range, marking the brand’s first line extension since 2017.

Absolut Tabasco, will roll out from February in key markets including the US and the UK, marking one of Absolut’s most globally scaled flavour launches in recent years.

Mermaid Gin has tapped former Moët Hennessy USA chief Jim Clerkin as CEO, aiming to accelerate the British premium gin brand’s growth in the US market.

Diageo is reportedly considering a sale of its China assets as part of a review of its operations, according to Bloomberg News.

Campari Group has agreed to sell its Averna and Zedda Piras liqueurs to Italian spirits group Illva Saronno, owner of the Disaronno brand.

Diageo has agreed to sell its 65% shareholding in East African Breweries (EABL) to Asahi Group for $2.3 billion.

Devil's Botany Distillery has launched The Dark Fairy, the first-ever absinthe-based ready-to-drink canned cocktail.

Lagfin, which owns over 50% of the global drinks giant The Campari Group, has had over €1.2 billion worth of shares seized by Italian authorities amid allegations of tax evasion.