Cocktails Rise and Shine While Beer and Wine Sales Slip

The world’s drinkers are turning to the hard stuff.

Liquor makers sold more spirits and mixed drinks around the world in 2016 than in the year before—a bright spot in an industry where volumes of almost every other kind of alcoholic drink are in decline.

Overall, last year was a tough one for beer and wine. Global alcohol volumes across all types fell 1.4%, a steeper decline than the average 0.3% drop over the past five years,…


Source: WSJ: US Business
Cocktails Rise and Shine While Beer and Wine Sales Slip

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