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Dec. 22, 2025
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Food and beverage

Luxury consumers chase tequila despite second-quarter spirits downturn: report

October 21, 2022

volcan 2 The spirits sector, typically resilient despite economic downturn conditions, has seen declines in sales volume since its 2020 boom. Image courtesy of Moët Hennessy

 

By Amirah Keaton

The spirits sector's lockdown boom has slowed substantially, according to recent sales data.

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  1. Louis Vuitton introduces Visionary Journeys Seoul
  2. Kering to acquire jewelry manufacturer Raselli Franco Group
  3. Ennismore picks Bangkok site for first-in-region SLS Residences
  4. Savannah College of Art and Design debuts SCAD LUXE research center
  5. Lamborghini heads to French Alps for women-led driving series
  6. Luxury Unfiltered: Why the best luxury experiences look exactly like the worst ones (on paper)
  7. Exclusive Resorts purchases Inspirato for $59M
  8. ‘Sound. Elevated.’ from Bang & Olufsen marks centennial
  9. Laura Burdese to succeed Bulgari CEO
  10. Dolce & Gabbana debuts Devotion fragrance film
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