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...“There will undoubtedly be volume drops,” said Andrew Bewes, managing director of specialist wine distributor Hallgarten & Novum....
...The fact that wine contains alcohol presumably compounds the common problem of sexual harassment....
...“Alcohol is not completely recession resistant, but it is usually resilient,” said Malandrakis, adding that the fall in sales is “a canary in the coalmine.”...
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...Part of tequila’s appeal is its lower price point said Aleen Tran, a business analyst covering Pernod Ricard at distributor Southern Glazer’s in California....
...Some believe that the numbers have been fiddled and that oil distributors sell subsidised oil in neighbouring countries at a huge profit....
...Multiple liquor distributors told the Financial Times that sales took off during the lunar new year holiday at the end of January, as people snapped up strong alcohol to celebrate with family....
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...Distributors still have so much inventory from the slow days of the pandemic, they can’t raise prices. And some of those distributors are still in the red....
...Femsa’s stake in Heineken meant it was not allowed to sell alcohol directly to consumers under US state laws....
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...It also emerged it had a deal with an alcohol distributor operating in Qatar....
...He notes that Nepal’s dependence on India for trade was also a significant stumbling block on the vaccine rollout at the height of the Delta surge earlier this year....
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...It’s not just purveyors of alcohol that are feeling the pinch....
...Beyond Meat pointed to the effects of the Delta variant and said it experienced a decrease in retail orders that “persisted longer than expected” from a Canadian distributor that coincided with restaurant...
...“I didn’t sell that many in the first year . . . but it’s definitely a big delta,” she says with a laugh. “I believe in comparative advantage. I think this is my comparative advantage.”...
...For alcohol distributors, a sharp increase in wine consumption is also helping to offset the damage wrought on the hospitality sector by bar and nightclub closures....
...A strict curfew means most restaurants close at about 8pm, and early sittings are packed out: the sale of alcohol is banned....
...Shops will be allowed to sell alcohol from Monday to Friday....
...The California-based company pointed to the effects of the Delta variant and said the decline in retail orders from a Canadian distributor, which came as restaurants reopened, had lasted longer than expected...
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