Spirits

New Global Marketing VP For Mast-Jägermeister

Drinks group Mast-Jägermeister has announced the appointment of Dougal McGeorge as its new senior vice president for global marketing, commencing 1 Ma...

Brown-Forman To Trim Around 12% Of Global Workforce

Brown-Forman has announced plans to lay off about 12% of its global workforce of 5,400 employees, as the Jack Daniel's maker looks to reduce costs amid wea...

Constellation Brands Trims Annual Sales Forecast

Constellation Brands cut its annual sales forecast as persistently sticky inflation dents consumer spending on beers, wines and spirits.

UK's Fundsmith Reveals Why It Shed Diageo Stake

Britain's Terry Smith made public for the first time why Fundsmith Equity Fund dumped its Diageo stake last year.

Pernod Ricard Colluded With Retailers To Promote Its Brand, Says India Antitrust Body

Indian antitrust investigators raided Pernod Ricard's office in December after finding the French liquor giant colluded with a state's retailers to promote...

Trump Tariff Plan Puts Diageo, Becle Tequila Imports Worth $3bn At Risk

Some $3 billion (€2.9 billion) in tequila and mezcal imports from top makers of the popular spirits, Diageo and Jose Cuervo owner Becle, are at risk f...

Drinks Groups Welcome Agreement On EU-Mercosur Deal

European drinks groups have welcomed the bilateral trade deal between the EU and South America's Mercosur bloc.

Spirits Group Campari Nominates Hunt As Chief Executive

Italian spirits group Campari has nominated Simon Hunt as chief executive to replace Matteo Fantacchiotti, who resigned in September after only five months...