Spirits

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...

Citadel Targets Distiller Pernod Ricard In Largest Public Short

Kenneth Griffin’s Citadel LLC is betting against French distiller Pernod Ricard SA in its largest publicly disclosed short position, according to a r...

Portuguese Spirits Sales In Decline, Study Finds

The Portuguese spirits industry is currently worth €700 million, however sales have been marginally decreasing since 2013 and will continue to decline...

Rémy Cointreau Posts 8% Organic Growth In First Quarter

Drinks giant Rémy Cointreau has posted organic growth (at constant currency levels) of 8.0% in the first quarter of its financial year, driven by a...

WSTA Calls For Fully Negotiated Brexit 'Divorce' Settlement

The chief executive of the Wine and Spirit Trade Association (WSTA), Miles Beale, is calling on the UK government to ‘pull out all the stops’ a...

Drinks Firm Rémy Cointreau Posts Growth Of 4.2% In FY 2016/17

French drinks firm Rémy Cointreau has posted full-year sales growth of 4.2% to €1.09 billion, with organic sales up 4.7%. Operating profit f...

Campari Said To Weigh Sale Of Irish Whiskey, Cream, To Raise Cash

Davide Campari-Milano SpA is exploring a sale of its Irish Mist whiskey and Irish-cream Carolans brands, as the Italian drinks-maker seeks to streamline it...

Drinks Giant Constellation Sees Wine And Spirit Sales Rise 6%

Constellation Brands, which owns brands such as Paul Masson, Modelo and Svedka vodka. has seen net sales in its wine and spirits business rise by 6% in ful...