Spirits

Booze Bonanza For Shops Masks Beer And Spirits Downturn

When Lionel Platteuw started planning how he would cope under Belgium's coronavirus lockdown, there was one item he wanted to make sure he had enough of -...

Spirits Maker Diageo To Raise $2.5bn From Debt Offering

Diageo, the world's largest spirits maker, launched a $2.5 billion bond offering on Tuesday, weeks after suspending its share buyback programme. The Joh...

Diageo Withdraws Forecast, Halts Buyback Programme

Diageo plc, the world's largest spirits maker, has abandoned its annual forecast for sales and profit growth, and suspended its £4.5 billion (€5...

Beer And Spirit Makers Join Global Efforts To Make Sanitisers

Anheuser-Busch InBev, the world's biggest beer maker, and Diageo, the world's largest distiller, pledged on Monday to donate million litres of alcohol...

Pernod Ricard Cuts Annual Profit Growth Forecast

French spirits group Pernod Ricard has cut its full-year profit growth outlook for 2019-2020, saying the coronavirus epidemic in China was likely to have a...

French Wine And Spirits Exports Hit Record In 2019 Despite US Tariffs, Tougher Year Looms

French wine and spirits exports hit a record in 2019 as exporters booked sales ahead of US tariffs and Brexit but the business faces a tougher ye...

Beer, Wine And Spirits Products To Carry Age Restrictions Globally

Some of the biggest drinks manufacturers have committed to putting age restriction indicators on all products they sell on a global basis, in a new coordin...

Hong Kong Protests Weigh On Rémy Cointreau's Q3 Sales

French spirits group Rémy Cointreau posted a worse-than-expected 11.3% fall in third quarter like-for-like revenues, as demand for cognac in Hong Ko...