EPISODE · Jul 24, 2026 · 4 MIN
United Spirits Jumps 52%, Craft's Split Signal
from AlcBev in Five
United Spirits reports 52% quarterly profit rise. Diageo's India unit attributes its first-quarter profit jump to premium spirits demand, offering a read on whether India keeps offsetting softer markets elsewhere. (The Drinks Business) Brewers Association: over half of craft brewers report growth. The trade group's mid-year report pairs positive brewer sentiment with an estimated 4% volume decline, a split the trade will weigh in back-half planning. (Brewbound) Boston Beer reports Q2 depletions down 6%. The brewer's quarterly financials show shipments down 4.5%, with Sun Cruiser and Angry Orchard cited as its only brands in growth. (Brewbound) UK plan would cut pub business rates 20%. A reported plan from new UK prime minister Andy Burnham would cut business rates for pubs, clubs and live music venues from April 2027, if enacted. (The Spirits Business) Also moving today: Trump's latest tariff list reads like a perfectly stocked bar (The Globe and Mail) Champagne sector agrees to cut harvest again (Just Drinks) Hemp Bill Signals Push for Alcohol-Style Distribution and THC Taxes (Brewbound, BevNet) Tie booze tax to inflation, Treasury told (Times LIVE) Wine GB calls on government for duty relief at the cellar door (Harpers Wine & Spirit Trade News) Get AlcBev in Five in your inbox every weekday: https://alcbevinfive.com
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What this episode covers
Diageo's Indian unit United Spirits posted a 52 percent rise in first-quarter profit on premium demand, per The Drinks Business, while the Brewers Association's mid-year update pairs a majority of craft brewers reporting growth with production volume down about 4 percent. Boston Beer's second quarter showed depletions down 6 percent and shipments down 4.5 percent, with only Sun Cruiser and Angry Orchard in growth, according to Brewbound. In the UK, new prime minister Andy Burnham plans a 20 percent business rates cut for pubs, clubs and live music venues from April 2027, The Spirits Business reports, alongside Canadian tariff exposure on bar inputs, another Champagne harvest cut, a federal hemp legalisation bill, South African excise proposals and a Wine GB call for cellar-door duty relief.
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United Spirits Jumps 52%, Craft's Split Signal
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