Spirits

Campari Raises Euro Loan To Repay Dollar Bonds, Cut Debt Costs

Italian drinks maker Davide Campari-Milano SpA took out a loan in euros to repay dollar-denominated bonds as plunging borrowing costs make it cheap for com...

Pernod's Investors Should Keep Their Champagne On Ice: Gadfly

Don't get too excited about a Chinese luxury recovery. That's the message from Pernod Ricard, seller of high-end spirits. And despite an improvement in...

Sales Of Leblon Cachaça Soar At Waitrose During Rio 2016

The Brazilian cocktail, Caipirinha, has become a summer favourite for UK Olympic fans. UK retailer, Waitrose, have reported that Leblon Cachaça,...

Ardagh Group And Jägermeister Launch Limited Edition Bottle

To commemorate summer 2016 sporting events, Ardagh Group have teamed up with Jägermeister, to create a limited edition bottle. The print/coating sp...

Counterfeit Wines And Spirits Cost EU Businesses €1.3 Billion A Year

The production of fake spirits and wine costs EU businesses €1.3 billion each year, according to a report by the European Union Intellectual Property...

Diageo Profit Growth Meets Estimates On Improvements In US

Diageo Plc returned to growth, reporting a profit gain above analysts’ estimates as improved demand for whiskey, tequila and vodka in the U.S. offset...

Pernod Ricard Announces More Executive Management Changes

Pernod Ricard has announced further changes in its international management, which are to come into effect on 1 September. The new managing director of...

Bacardi Elects Former William Grant & Sons CEO To Board Of Directors

Spirits giant Bacardi Limited has added drinks-industry veteran Stella David to its 16-member board of directors. Facundo L. Bacardi, chairman of the bo...