Spirits

Cognac Division Helps Rémy Cointreau Beat Sales Expectations

Rémy Cointreau has reported a far smaller-than-expected fall in fourth-quarter sales, saying "significant growth" in China helped drive pe...

Pernod Ricard Banks On 'Dynamic' Fourth Quarter

Pernod Ricard reported worse than expected third quarter sales as its big U.S. and Chinese businesses remained under heavy pressure.

Corona Beer Maker Constellation Brands Forecasts Annual Profit Above Estimates

Constellation Brands forecast annual profit above Wall Street expectations, banking on resilient demand for its core beer brands despite sticky inflation.

John Manzoni To Replace Ferran As Chairperson Of Diageo

Diageo has named former British senior civil servant John Manzoni as its next chair, replacing Javier Ferran, who is retiring in February 2025.

European Drinks Industry Unveils New System For Developing E-Labelling

The CEEV – Européen des Entreprises Vins and spiritsEUROPE have teamed up with QR code compliance solutions firm Scantrust, to unveil a new, u...

Alcohol Sales In Norway Declined 2.4% In 2023

Volume sales of alcoholic beverages declined by 2.4% in Norway in 2023, to 392 million litres, compared to the preceding year.

Jack Daniel's-Maker Brown-Forman Cuts Annual Organic Sales Forecast

Jack Daniel's maker Brown-Forman has cut its organic net sales forecast for fiscal 2024, a sign that higher prices are weighing on the demand for its...