Spirits

Constellation Brands CEO To Step Down, Insider To Replace Him

Constellation Brands Inc's Rob Sands is stepping down as CEO, ending an era in which the family-backed alcohol producer became one of the biggest beer brew...

Pernod Ricard’s First Quarter Sales Beat Forecasts

Spirits group Pernod Ricard posted a stronger-than-expected 10.4% rise in first-quarter underlying sales, helped by higher demand in China and India and de...

Constellation Brands Raises 2019 Profit Outlook, Tops Quarterly Estimates

Constellation Brands Inc raised its full-year profit forecast and topped Wall Street estimates for second-quarter sales and profit on Thursday, as it benef...

Irish Drinkers Increasingly Shunning Whiskey For Gin, Study Finds

While it's renowned – alongside Scotland – as the home of Whiskey, Ireland's drinkers are starting to favour an altogether different tippl...

Pernod Ricard Profit Growth Outlook Lags Expectations

French spirits maker Pernod Ricard has predicted lower than expected profit growth in the current financial year, briefly knocking its shares to...

Growing Taste For Aperol 'Spritz' Lifts Spirits At Campari

Strong demand for Campari's bright orange Aperol liqueur in Europe, and also the United States, helped to boost sales and profitability for the Italian dri...

Aperitif, Anyone? Spirits Firms Chase Cocktail For Growth

Drinks companies are converging on an unusual cocktail recipe: less alcohol. In bars from London to New York, sales of aperitifs such as Aperol, Lillet...

European Alcohol Sales Enjoy A Boost As Drinkers Embrace New Categories: IRI

New data from IRI indicates that European consumers are becoming more experimental when it comes to their choice of alcoholic tipple, with categories such...