Spirits

Pernod Ricard Says Revenue In India Hit As New Delhi Delays Licence

Drinks giant Pernod Ricard is facing 'massive losses' to its business in India because its brands have not been available in the capital New Delhi for six...

Diageo Closes Partial Tender Offer For Shares In East African Breweries

Spirits giant Diageo has announced that it has completed the partial tender offer to increase its aggregate equity stake in East African Breweries from the...

Pernod Ricard To Acquire Majority Stake In Skrewball

Pernod Ricard USA has announced that it has agreed to acquire a majority stake in Skrewball, a super-premium peanut butter flavoured American whisky brand.

Anora Reports Decline In Profitability In FY 2022 Amid High Input Costs

Drinks group Anora has reported a decline in profitability across the business in its financial year 2022 amid high input costs.

Jose Cuervo Owner Sees Growing Thirst For Tequila

Mexican distiller Becle, parent company of the popular Jose Cuervo tequila brand, has forecast further sales growth in 2023 as it expects to increase the v...

All Major Premium Drinks Categories Saw Growth In US In 2022: IWSR

All major drinks categories – beer, wine, cider, spirits and ready-to-drink (RTDs) saw growth in the premium segment in the United States last y...

Pernod Ricard Confident About Full Year As H1 Results Beat Expectations

Pernod Ricard said it was confident sales growth would remain dynamic and broad-based albeit in a normalising environment for the 2023 fiscal year, after i...

French Wine And Spirits Exports Hit New High In 2022 Due To Inflation

French wine and spirit exports rose 11% last year to hit a new record, mainly boosted by a rise in prices, and the trend should last this year as Chinese c...