HOOCH MAKER GLOBAL BRANDS' PROFIT SLASHED The maker of alcoholic drinks such as VK and Hooch saw its profit slashed as its costs surged despite the group raising prices. Global Brands, which is headquartered in Derbyshire, has reported a pre-tax profit of £1.5m for the year to September 30, 2023, down from £6.3m, while its turnover also fell from £92.4m to £82.9m over the same period. The firm said: "The economic climate has been challenging for everyone in our sector".

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