Spirits

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...

Rémy Cointreau Sees Profits Up 11.8% In First Half

Drinks giant Rémy Cointreau has posted an 11.8% increase in profits in the first half of its financial year, according to accounts just filed. Sa...

Diageo H1 Growth Likely To Be Impacted By China, India

Ahead of its AGM, which took place on 20 September, drinks giant Diageo said that its organic first-half sales growth was likely to be impacted by events i...

Pernod Ricard Warns Strong Euro Will Erode Full-Year Profit

Pernod Ricard SA, the world’s second-largest distiller, has warned the strong euro will erode full-year earnings as it means revenue from selling Abs...

UK's Rising Gin Demand Reveals Potential For Category Growth

As demand for gin rises in the UK, there are signs that new product development could lead to further category growth, according to retail marketing compan...

Diageo CEO's Pay Cut By £1.1 Million As Performance Lags

Diageo Plc cut the pay of its two top executives after the distiller missed performance targets, joining other U.K. companies in reining in management awar...

Rémy Cointreau Implements Share Buyback Programme

Drinks giant Rémy Cointreau has announced that it plans to implement a share buyback programme, purchasing up to a maximum of 500,000 shares between...