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Global Brands facts over £50m turnover for FY18

Independent liquids manufacturer and distributor Global Brands have mentioned a 19.5% boom in total income, taking turnover to greater than £50m for the monetary yr finishing 30 September 2018.
This sees gross earnings upward push from £eleven.8m to £14m for 2017-2018, and the corporation offered around 60m drinks a remaining year, with its brands now to be had in fifty-eight international locations.
The enterprise has visible the value of exports develop by 21% 12 months-on-yr, pinpointing robust demand for its liquids in Belgium, Italy, and South Africa.
Founder and chairman of Global Brands, Steve Perez, stated: “The beverages industry is so strangled by unnecessary bureaucracy, it limits unique ideas.
“Our corporation increase is being pushed using an innovative and entrepreneurial group that’s endorsed to do matters differently. They’re continuously searching at how they can create new liquids that justify an area on grocery store shelves and within the fridges of bars, overdue-night time venues and eating places around the world.
“Premium hot tasting drinks, packaged in glossy and stylish cans supposed that we passed authentic income goals for All Shook Up, selling more than 2m boxes in just ten months following release.
“The organization become based on innovation and entrepreneurialism with the creation of vodka-based geared up-to-drink VK. It’s two decades this 12 months seeing that we sold our first bottle of the RTD and it’s extra popular than ever – it’s the nice-promoting drink of its kind in bars and late-night venues throughout the United Kingdom and we sold over 28m bottles of VK within the on and rancid another closing year.
“Sticking to our roots is fuelling ongoing new product development, range expansion, and sales. This is creating new sales possibilities for our customers and opening-up greater markets for Global Brands. We’re presently assembly developing call for from as far afield as Columbia to China and Norway to South Korea, increasing our presence around the world.”