Bacardi’s latest creation By Spiritz Desk 23 May 2024 Bacardi showcased Dewar's Double Double 21 Year Old Stone Toasted at the 2024 TFWA Asia Pacific Exhibition, launching a $440 Discovery Pack exclusive to China Duty Free Group in May. This premium...
GTR Creates New Benchmarks By Spiritz Desk 23 May 2024 Leila Stansfield, Managing Director of Bacardi Global Travel Retail, discusses enhancing duty-free shopping through personalized experiences and digital strategies. She emphasizes the need for...
Duty-free Stores Need 'Freedom' By Spiritz Desk 22 May 2024 Avishek Bambii Das of Ospree Duty Free highlights the growth in airport shopping, advocating for biometric immigration to enhance customer experiences and increase duty-free allowances
New-gen World Travellers add to GTR Growth By Spiritz Desk 22 May 2024 Ashish Chopra, CEO of Delhi Duty Free, notes an increase in airport shopping among Indians, fueled by higher incomes and a taste for luxury spirits, supported by India's new state-of-the-art airports
The Booming Bazaar A Look at the Future of Indian Travel Retail By Spiritz Desk 22 May 2024 The global travel retail industry, valued at $108 billion by 2029, is booming, particularly in Asia-Pacific due to rising disposable incomes and increasing travel. India is emerging as a key player...
Court directs to fix limit on serving liquor at bars By Spiritz Desk 22 May 2024 A Maharashtra court mandates liquor limits in pubs and bars after a fatal accident involving an underage driver, leading to the arrest of three restaurant managers
China threatens retaliatory tariffs on EU wines By Spiritz Desk 22 May 2024 China may retaliate against EU wine exports, jeopardizing the $800 million trade, in response to EU's anti-subsidy investigations. This threat mirrors past actions, such as the 2021 tariffs on...
Tilaknagar Industries’ net profit surges in Q4 By Spiritz Desk 22 May 2024 Tilaknagar Industries Limited reported a 20.9% rise in net profit to Rs 39.5 crore for Q4 FY2024, with revenue slightly up at Rs 358.8 crore. EBITDA grew 10.9% to Rs 48.2 crore, improving the EBITDA...
It is raining awards with Malhar By Spiritz Desk 22 May 2024 John Distilleries' Malhar range of craft gins excels globally, with Malhar Citrus winning a gold at the 2024 San Francisco World Spirits Competition and top scores in the UK's The Gin Guide Awards....
Spreading Magic Moments By Spiritz Desk 22 May 2024 Radico Khaitan's Magic Moments Vodka exceeded FY 2024 targets, selling over 6 million cases and generating Rs 1000 crores in sales. With a 25% increase from the previous year, the brand expanded with...