Spirits

Constellation Brands Misses Quarterly Sales Estimates On Tepid Wine, Spirits Demand

Corona beer maker Constellation Brands' third-quarter sales fell short of market expectations, as demand for its higher-priced spirits and wines slowed dow...

Drinks Group Anora Lowers Profit Guidance

Nordic drinks group Anora has lowered its full-year profit guidance for full-year 2023, with the company now expecting comparable EBITDA for the year to be...

spiritsEUROPE Welcomes Move Exempting Spirits From Packaging Re-Use Targets

spiritsEUROPE, the representative body for the spirits industry at a European level, has welcomed the decision of EU Environment Ministers to exempt spirit...

PepsiCo's Doritos Brand Unveils Alcoholic Spirit

PepsiCo's Doritos brand has teamed up with Danish flavour innovation firm Empirical to unveil a new alcoholic beverage, Empirical x Doritos Nacho Cheese Sp...

Pernod Ricard Takes Aim At Chinese Market With Locally Made Whisky

French spirits maker Pernod Ricard has launched The Chuan pure malt whisky in China, the first product released by its local distillery in southwestern Sic...

Jack Daniel's-Maker Brown-Forman Cuts Annual Sales Forecast As Demand Softens

Brown-Forman cut net sales forecast for 2024 as cost-conscious consumers looked at cheaper alternatives to the whisky-maker's more pricier brands in the Un...

Campari Partners With China’s Wuliangye

Italian spirits company Campari has formed a strategic partnership with Chinese liquor producer Sichuan Yibin Wuliangye Group to jointly boost their presen...

Diageo Warns On Profit As LatAm, Caribbean Demand Falters

Johnnie Walker whisky maker Diageo said on it expected organic operating profit growth to decline in the first half of its current financial year due...