Younger drinkers are increasingly shunning wine and beer in favour of a new generation of canned alcoholic beverages targeting Gen Z and Millennial tastes that skew citrusy and low-calorie.
Zero-sugar versions have helped the Hard Rated pre-mixed spirit brand push to the top of its category almost a year after its parent company, Asahi Beverages, was forced into a hasty revamp when regulators banned its predecessor Hard Solo for appealing to minors.
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Simon Evans writes on business specialising in retail, manufacturing, beverages, mining and M&A. He is based in Adelaide. Connect with Simon on Twitter. Email Simon at simon.evans@afr.com