The Lakes Distillery needed Nyetimber deal to fund ambitions
Rather than nebulous measures of success, the top priority for The Lakes is achieving financial stability to underpin its growth ambitions.
15 April 2024
15 April 2024
Rather than nebulous measures of success, the top priority for The Lakes is achieving financial stability to underpin its growth ambitions.
Reducing its grape-purchasing agreement is the “only option” for Accolade and its growers to remain viable, it said.
The SBTi plans to permit companies to use environmental attribute certificates to offset emissions from their supply chains.
The New Zealand-based company said it was “unable to meet” the £2.2m ($2.75m) redemption notice from an entity called INL Investments.
The company has announced the completion of a “successful trial” of using hydrogen to power distillation.
Consumption fell to a new low in 2023, the data showed.
Owner ANSA McAL, the Caribbean conglomerate, is teaming up on a venture in India with local distiller Globus Spirits.
The US company’s wine-and-spirits division’s organic net sales sank 9% in its fiscal 2024.
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GlobalData's latest report brings together multiple data sources to provide a comprehensive overview of the global wine sector, analyzing data from 107 countries. The global wine sector was valued at $346.8 billion in 2022 and is expected to register a CAGR of 8.8% during 2022–27. Western Europe led the global wine market with a 49.5% market share, followed by the Americas in 2022.
GlobalData's latest report brings together multiple data sources to provide a comprehensive overview of the global wine sector, analyzing data from 107 countries. The global wine sector was valued at $346.8 billion in 2022 and is expected to register a CAGR of 8.8% during 2022–27. Western Europe led the global wine market with a 49.5% market share, followed by the Americas in 2022.
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