article thumbnail

Canada caps alcohol tax increase until 2026

Spiritz

The Canadian government has opted to limit the annual rise in alcohol excise taxes to 2 percent until 2026. The post Canada caps alcohol tax increase until 2026 appeared first on Spiritz Magazine. This decision replaces the previous plan, which involved a 4.7 percent increase tied to inflation set to take effect on 1st April 2024.

Alcohol 102
article thumbnail

Bira 91 producer plans IPO for 2026

Spiritz

the maker of the craft beer brand Bira 91, has announced plans to launch an initial public offering (IPO) in 2026. Jain was quoted as saying in the report, "We are planning our IPO in 2026. B9 Beverages Ltd., The company claims to be the fourth-largest beer company in India with a 5 percent market share in key regions.

professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Kirin to boost beer marketing spend in Japan as 2026 tax revisions loom

Just Drinks

Kirin Holdings is to up marketing spend in 2024 as it believes “competition will intensify” as Japan's 2026 tax reforms near.

Beer 105
article thumbnail

Canada extends alcohol duty cap until 2026

Just Drinks

Canada's federal government is capping the duty on alcohol at 2% for two additional years following its introduction last year.

Alcohol 59
article thumbnail

Check Out The Biggest Winter Drink Trend Predictions from Monin + Cocktail Recipes Using Them!

Chilled Magazine

Turmeric has grown +44% over the past four years and the sought-after spice expected to grow an additional +55% though 2026! Spiced makes everything nice: Warm, seasonal spices are seen all throughout the industry in the colder months. Citrus flavors can be enhanced by classic and seasonal spices!

Club 232
article thumbnail

MSC Cruises Unveils World’s Greatest Bars Program

Cheers

MSC Cruises, with a fleet of 22 ships with three new vessels due to be launched in 2025, 2026 and 2027, operates in more than 100 countries, offering cruises across five continents to more than 300 destinations.

Bar 104
article thumbnail

The State of the Booze Business: What Does the Future Hold?

Booze Business

However, the 7% growth is a drop on the 11% CAGR prediction estimated for 2022 to 2026.” “IWSR predicts a 2023-27 value compound annual growth rate (CAGR) of 7% for online alcohol sales in the U.S., compared to a total beverage alcohol (TBA) CAGR of 1% over the same period. This would result in e-commerce’s TBA share increasing from 3.2%

Alcohol 246