United Kingdom: Fewer young drinkers sobers the industry
United Kingdom: Fewer young drinkers sobers the industry Drinks companies try to confront a sharp fall in number of those aged 16-24 taking alcohol Source: FT by: Scheherazade Daneshkhu and Aliya Ram March 11, 2016 Some say it is about ethnicity and religion. Others say it is because tuition fees have made […]
As Goes New York City…CA Getting Closer to Raising Tobacco to 21
As Goes New York City…CA Getting Closer to Raising Tobacco to 21 Source: The Cowen Insight March 10, 2016 Earlier today, California passed and sent for gubernatorial consideration, a bill that would raise the minimum age to purchase tobacco products to 21, which would make CA the 2nd state to raise the tobacco […]
Alcoholic Beverages – Global Market Outlook (2015-2022)
Alcoholic Beverages – Global Market Outlook (2015-2022) Source: PRNewswire March 10, 2016 According to Stratistics MRC, the Global Alcoholic Beverages Market is accounted at $1,237.4 billion and is expected to reach $1,547.2 billion by 2022 growing at a CAGR of 3.2% from 2015 to 2022. Increasing population and increasing disposal income are the […]
Neighborhood Bars Closing, but Don’t Count Them out Yet
Neighborhood Bars Closing, but Don’t Count Them out Yet Source: ABC By joyce m. rosenberg Mar 10, 2016 Taps are running dry and doors are closing at neighborhood bars across the country. That has left the remaining ones to try to find ways to stay afloat. One in six bars closed between […]