Spirits

Lidl Ramps Up Beer, Wine And Spirits Portfolios

Lidl UK is ramping up its product offerings in the categories of beer, wines and spirits, introducing a private label line comprised of eight craft be...

Pernod Sees Higher Profit as First-Quarter Sales Beat Estimates

Pernod Ricard SA, the world’s second-biggest distiller, forecast earnings to rise this year after first- quarter sales beat analysts’ estimates...

Belvédére Cut Ad Budget And Workforce: Reports

The maker of spirits Belvédére has announced that in the wake of its €72.9-million plunge in sales, it slashed its advertising budget by...

New Bill To Bolster US Spirits Exports

In the United States, a new bill has been passed which should facilitate a rise in spirit exports. The Distilled Spirits Council (DISCUS) claims that th...

Diageo Sales Unexpectedly Slide as Demand Wanes in Europe

Diageo said sales unexpectedly declined in the third quarter as business deteriorated across Europe, Asia and Latin America. Organic net revenue in the...

Diageo Sees China Growth As It Counters Austerity Drive

Diageo Plc, the world’s biggest distiller, expects its business in China to return to growth from the end of 2016, as the company overcomes austerity...

UK Reduces Duty On Most Alcohol

The UK's Chancellor of the Exchequer, George Osbourne, yesterday cut taxes most alcoholic drinks in his sixth and final Budget before the UK Gene...

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