Spirits

LVMH Replaces Leadership At Spirits Unit Moët Hennessy

Luxury group LVMH said on Thursday it is overhauling management of its wines and spirits division Moët Hennessy, with chief financial officer Jea...

Premiumisation, Convenience And AI To Shape Spirits Market, Says GlobalData

Factors including premiumisation, convenience, artificial intelligence and a generational shift in consumer preferences are likely to shape the global spir...

Anora Sees Net Sales Drop By 6% In Third Quarter

Nordic drinks group Anora has reported a 6.0% decline in net sales n the third quarter of its financial year, to €162.7 million.

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What Would Donald Trump’s Re-Election Mean For Spirits Industry Tariffs?

Barclays has explored what a second Trump presidency might mean for the drinks industry, specifically with regard to tariffs on spirits imports.

LVMH Sales Fall 3% As Demand For Luxury Goods Worsens In China

LVMH reported a 3% fall in third-quarter sales, undershooting estimates in its first decline in quarterly sales since the pandemic as demand in China and J...

Spirits Group Anora Lowers 2024 Profit Guidance

Nordic spirits group Anora has lowered its guidance for 2024, with the business now expecting comparable EBITDA for the year to be between €65 million...

spiritsEUROPE Calls On European Commission To Seek A ‘Negotiated Solution’ With Chinese Counterparts

spiritsEUROPE, the representative body for the spirits industry at a European level, has urged the European Commission to find a negotiated solution with i...

Constellation Brands Beats Quarterly Results Estimates On Strong Beer Demands

Corona beer maker Constellation Brands beat second-quarter results estimates yesterday, as robust demand for its popular beer brands helped soften the hit...