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Kristian Bayford July 3, 2025 Share Copy Link Share on X Share on Linkedin Share on Facebook DropWorks Rum Distillery founder Lewis Hayes. Credit: DropWorks After being founded in 2023 by bartender-turned-distiller Lewis Hayes, DropWorks has become one of the UK’s most ambitious rum distilleries.
Where most people would previously have participated in maybe one-and-a-half categories – mainly whisky, but occasionally brandy, beer or rum – now they might be trying gin, single malt or agave spirits. De Beauregard sees this in Pernod Ricard’s own consumer research. And all of these – including agave – now have their domestic equivalents.
In October, after a set of third-quarter results that missed forecasts, the Appleton rum owner set out plans to cut costs and sell non-core brands. GlobalData Strategic Intelligence US Tariffs are shifting - will you react or anticipate?
The suit filed at Houston District Court claims the rum, Bombay Sapphire gin and Grey Goose vodka owner has committed infringement, accusing it of unfair competition and trademark dilution. Bermuda-headquartered Bacardi owns various rums brands, Grey Goose and Eristoff vodkas, Patron tequila, Dewar’s Scotch and Martini vermouth.
Diageo has offloaded assets including rum brands Cacique and Pampero and Safari liqueur. By GlobalData Learn more about Strategic Intelligence “I can’t say any more than that but clearly it’s going to be above and beyond the usual smaller brand disposals that you’ve seen over the last three years.”
During the 2024/25 financial year, net sales from the Diplomatico rum maker’s emerging markets fell 2% but that was due, in part, to forex and the sale of Finlandia. Emerging markets come to fore Brown-Forman’s net sales remain weighted to the US but much of the company’s emerging-markets business is in good health.
on why it is “bullish” on American single malt "The category is definitely going in the right direction," Gareth Moore, CEO of Virginia Distillery Company, says.
Earlier this year, Diageo launched Muck Pit – a sparkling tropical brew made with brewed mangoes, Captain Morgan’s Spiced Gold rum and hop flavourings – in the UK. One example of a broader focus is Pernod’s Malibu whiterum liqueur, which is marketed to younger drinkers but not exclusively.
Simon Harvey June 6, 2025 Share Copy Link Share on X Share on Linkedin Share on Facebook A bottle of Angostura 1919 rum. Credit: Jeppe Gustafsson/Shutterstock The board of Angostura Holdings has finally wielded to a change in government and resigned as directors of the Trinidad and Tobago rum and bitters maker.
imports, though the bloc has published a whitepaper naming the various American import categories that could be targeted with tariffs if a political solution isnt found soon. At press time, the EU still has a hold on its plans to unleash reciprocal actions against U.S. The 218-page list dedicates more than four pages to U.S.
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