Shift in Drinking Habits Wipes $830 Billion Off Alcohol Stocks

Is the party over for world biggest booze makers?

Shares in the world’s top listed beer, wine and spirits makers have shed a combined $1.27 trillion in a little more than four years as the industry grapples with monumental change.

Alcohol stocks take $1 trillion hit as drinking habits change

The main challenge facing the industry is a change in behaviour. Read more at straitstimes.com.

Shift in Drinking Habits Wipes $830 Billion Off Alcohol Stocks

Shares of the world’s top listed beer, wine and spirits makers have shed a combined $830 billion in a little more than four years as the industry grapples with monumental change.

Could today’s drop in drinking habits pave the way for a healthier America? - CEO North America

Across the United States, drinking habits are shifting in ways not seen for generations. Fewer adults are choosing alcohol, marking a historic downturn that has sparked debate about the social and health forces behind the change. According to the latest Gallup survey, consumption has now reached its lowest level since records began in the 1930s, a remarkable milestone that signals how deeply public attitudes toward alcohol are evolving. This shi…

Expanded low- and no-alcohol drink ranges key to entice younger generations to splash out over Christmas period, says GlobalData

Retail Times publishes international & UK retail news covering products, data, tech, packaging, people, research, comment and more besides! Retailers must extend and elevate their low- and no-alcohol ranges over the Christmas period to capture a larger share of young consumers’ festive spending. Gen Z’s changing social attitudes mean such drink options are viewed as desirable choices, rather than substitutes for alcoholic beverages, and over fou…