Posted on 02/05/2019 8:39:25 PM PST by LibWhacker
Too much reading but I think you’re right.
Young people in America are said to be drinking less alcohol overall, but a shift in their tastes has helped the world’s largest spirits company
Millennials have been blamed for the demise of everything from movies to dinner dates to golf. But now the much-slighted generation is getting credit for something unexpected: saving hard liquor.
Smirnoff vodka and Bulleit whiskey maker Diageo said it has received a boost from American millennials.
While young people in America are said to be drinking less alcohol overall, a shift in their tastes has helped the world’s largest spirits company DGE, +1.42% beat half-year earnings and sales forecasts. In addition to showing a tapering in alcohol consumption among millennials, research has shown that demand for lager has dipped.
U.S. drinkers have been switching to spirits from beer and wine, lifting sales at the drinks giant, which also makes Ketel One vodka and Casamigos, the tequila brand co-founded by actor George Clooney and acquired in 2017 by Diageo.
Let’s give the kids a chance.
Wine probably is boring compared to meth, fentynil and this synthetic crap they’re all into. No thanks. I will stick with boring old wine.
Wow. Talk about sick puppies.
Wine biz in va doing okay. Maybe it’s just califu syndrome.
Tide Pods are sooo much better.
Ironically the sexless prudish society of fanatics they warned us of coming from the fundamentalists, we’re getting with leftwing sjw millenials. Life is strange sometimes.
so much for the myth that millennial foodie hipsters actually savor foods.
They follow fads as the hippies did before them.
Good. We need a lot less snowflakes born.
Wine bkmk
This is wonderful news for this wine guzzler.
Real men have both wine and sex. Millenial men just whine about not being able to find a woman to have sex with.
That’s the difference between “Real Men and Fake Men”.
Box wine?
Hey, it’s cheap!
Here’s hoping the CA wine industry completely tanks. I’m for anything that reduces CA to the pitts of hell.
a much larger percentage remains unsold than in recent years: especially Cabernet Sauvignon.
Good. Still my fave.
Around my neck of the woods, the hipsters all drink way overpriced, over-hopped “craft” beer.
Northern Michigan is becoming a major force in the wine industry with numerous wineries producing great wines.......
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.