TIL World’s biggest beer, wine and spirits producers have collectively lost $830 billion in market value over just four years. Changing drinking habits and rising health concerns have hit earnings across the sector. Millennials and Gen Z are also not much interested in alcohol.

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[–] 1 point 3 months ago (1 child)

Yeah, there is a difference between an $8 and a $20 cocktail.

Though I agree with you that too many places will charge a $20 price for a $8 quality.

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  • [–] 2 points 3 months ago*

    Bars with overpriced drinks hate this one weird trick:

    1oz Campari - $1.10

    1oz Red vermouth - $0.75

    1oz Gin - $1.50

    1 orange peel sliver - $0.1

    Ice

    100% premium ingredients. A dalmation could prepare it. $3.45 cost, sell it for double @ $7.

    I know it's an unc take, but I just don't understand where the appetite for $20+ cocktails comes from. Maybe I'm just poor, like the person said below.

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