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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. They have announced a two-year reduction in the excise duty rate, halving it for the first 15,000 hectolitres of beer produced. The post Canada caps alcohol tax increase until 2026 appeared first on Spiritz Magazine.

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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. The company claims to be the fourth-largest beer company in India with a 5 percent market share in key regions. Jain was quoted as saying in the report, "We are planning our IPO in 2026. B9 Beverages Ltd.,

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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.

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This Week's Beer News: Good "Vibes" Only.

Guys Drinking Beer - Beer News

Tomorrow, over a hundred people will be gathering for the brew day of Vibes Since 1920 , a collaborative beer slated for release in March for Women’s Month. ” The variety of participants in this project runs the gamut across the beer enthusiast spectrum. . ” That’s a lot of people around one brew deck.

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

Booze Business

This shift is reflected in the market with beer sales stagnating, wine offering alcohol-free alternatives, and spirits brands introducing non-alcohol versions of cocktails. However, the 7% growth is a drop on the 11% CAGR prediction estimated for 2022 to 2026.” compared to a total beverage alcohol (TBA) CAGR of 1% over the same period.

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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. The post MSC Cruises Unveils World’s Greatest Bars Program appeared first on Cheers.

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The Drinks Brands You Can Expect to See at the 2024 Olympics

VinePair

Corona Cero will also serve as the International Olympic Committee’s global beer sponsor in 2026 and 2028. The corporation is also putting forth Michelob Ultra as the official beer sponsor of Team USA for this year’s Olympic and Paralympic Games, as well as those in 2026 and 2028.

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