Prices of soft drinks rise amid FX woes, inflationary pressure

Prices of soft drinks are on the rise as the industry continues to grapple with the fallout from macroeconomic headwinds induced by the drop in oil price. Nigerian Bottling Company (NBC), the More »

How brewers are selling beer with folklore

As Nigeria’s recession deepens and consumers pockets are squeezed, majority of those still drinking have shifted their beer preferences to value or low cost brands. Nigerian Breweries Plc, the country’s leading brewer More »

Category Archives: Wines & Spirits

Scottish firm Edrington introduces its premium spirits brands to Nigeria

Edrington, a Scottish-based spirits firm with a wide range of internationally known premium brands has partnered Premium Spirits Nigeria (“PSN”) to enter the Nigerian market.

Premium Spirits Nigeria is a business division of the Nigerian Bottling Company Limited (NBC) set up to grow and manage its premium spirits consumer category.

Sona Group to unveil ethanol plant in January 2018

Barring any unforeseen hiccups, Sona Group, a diversified conglomerate with interests in the beverage industry, biscuits, food and allied products among others said it has set a January 2018 date for the completion of a N3 billion ethanol plant it is constructing.

The group hopes to meet local demand of ethanol with a daily production capacity of 120,000 litres, which translates to 43.8 million litres per year.

IDL holds annual distributor’s award; reintroduces Bull Dry Gin, Derok

Intercontinental Distillers Limited (IDL), a leading spirits company and makers of Chelsea Dry Gin and Veleta Fruit Juice among others held its annual distributor’s award for the year ending October 2017.

The award which took place in Abeokuta, Ogun State is designed to reward distributors of the company’s products who excelled within the course of the financial year. The event saw Mrs. Yemisi Adewusi, Managing Director, YTT Distribution Limited and wife of popular film maker Gbenga Adewusi emerge the company’s overall best distributor. Emma Ogbata & Sons came in the second place, while Ogbohu Enterprises took the third place position.

9ja Café Rhum makes its debut in the Nigerian market

Grand Oak Limited, a leading marketer of alcoholic spirits and non-alcoholic brands have rolled out 9ja Café Rhum, its newest brand into the Nigerian market.

According to the brand handlers, 9ja Café Rhum is proudly Nigerian liquor made from 100% handpicked coffee beans, sucrose and matured rum for Nigerians. The driving philosophy of the brand is to encourage Nigerians to indulge their passion for the things they enjoy, do great things and rediscover who they truly are.

The new drink was unveiled recently at the ongoing International Tradefair, at the Tafawa Balewa Square, Lagos and was attended by key distributors across the country, newsmen, customers and other stakeholders.

Guinness Nigeria takes Smirnoff X1 on road tour to boost sales

Guinness Nigeria Plc, said it is resolved to boosting sales of its Smirnoff X1 brand by taking it on a nationwide road tour.

The company said that it has expanded its offerings by going into the local manufacture of spirits, adding that it recently launched additional brands such as Smirnoff X1 Intense Chocolate Vodka, and Gordon’s Dry Gin with Moringa Citrus Blend, while it has also started producing brands like McDowell’s, after obtaining distribution rights from Diageo’s United Spirits Limited.

Global and regional priority brands lift Gruppo Campari’s nine months results

Italian spirits firm Gruppo Campari reported a €1.27bn in revenue for the nine months to the end of September, an 8.1% increase over the previous year.

The company behind brands such as Campari, Skyy vodka, Aperol, among others credits its sales growth to the performance of its high margin global and regional priority brands as well as a slightly positive exchange rate effect of 0.3%, driven by the progressive strengthening of the Euro against many of the group’s trading currencies.

The company said it also benefitted from the combined perimeter effect of the Grand Marnier acquisition in July 2016, the termination of some distribution agreements and the sale of non-core businesses.

Guinness Nigeria to restart drinks catering service – ‘Party Serve’

Guinness Nigeria Plc has reintroduced its pioneer drinks catering service called ‘Party Serve’. The ‘GN Party Serve’ is designed to cater to events requiring drinks and drinks service such as helping professional event planners and party planning enthusiasts provide better service to their clients regardless of event scale or size.

At the reintroduction of the new service, Guinness Nigeria’s Marketing and Innovation Director (Guinness & Spirits), Adenike Adebola remarked that with the re-introduction of GN Party Serve, customers are welcome to a wide array of complimentary goods and services, including drinks, cooling services, a customized bar, and a team of experienced mixologists and hostesses.

Pernod Ricard Q1 sales boosted by international brands, growth in China

Pernod Ricard, the world’s no 2 spirits company by sales reported a 2% revenue growth in the first quarter ended 30 September. The spirits maker said that sales rose to €2.29bn ($2.69bn), up from €2.25bn in the previous year.

The company said sales received a boost from its international brands, which grew 8% in the period and includes names like Absolut vodka, Jameson Irish Whisky, Ballantine’s and Malibu. The firm notes that its wines also had a strong quarter, posting 8% growth.

Asia Pacific lifts Rémy Cointreau’s half-year sales

Rémy Cointreau said on Tuesday that first-half sales of its 2017/18 financial year through 30 September grew 6% to €544.4m ($639m), buoyed by its Rémy Martin cognac brand which reported 13.8% sales growth to €367m.

Moët Hennessy Year-to-date sales slump on third quarter supply constraints

Moët Hennessy, the wines & spirits division of French luxury goods maker Louis Vuitton Moët Hennessy (LVMH), said on Tuesday that revenue for the first nine months to the end of September grew 7% to €3.5bn, from €3.2bn in the previous year.

The company which makes high-end luxury goods such as perfumes & cosmetics, fashion & leather goods, watches & jewelry noted that despite a 7% growth in the wines & spirits business group, it trailed all other business categories that recorded double-digit growth.