Trademagazin > News and articles > Company and Personal News > The market moves towards cheaper alcohol
The market moves towards cheaper alcohol
The demand continues to grow towards cheaper, but quality wines and spirits at the Budapest-based IFDT Kft. The trend is so clear that the company distributes four times as many cheaper alcohol products than before, therefore the company had to expand its warehouse.
People clearly spend less on alcoholic beverages, but it seems that they rather make concessions in quality. The revenue of IFDT Kft. has not increased in proportion to the sold quantity, because the increase in turnover was detected among significantly cheaper products.
Related news
More related news >
Related news
Mészáros Group’s next step in the poultry industry: full control over Gallicoop
On January 27, an interesting document was published on the…
Read more >Unilever and Tesco: There is no future without sustainability
Unilever CEO Hein Schumacher has said it is time for…
Read more >The factory in Környe is expanding with new production technology
The new extruder production line and production area were inaugurated…
Read more >