Spirits

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...

Woodford Reserve Names Elizabeth McCall As Master Distiller

Brown-Forman subsidiary Woodford Reserve has named Elizabeth McCall as Master Distiller, succeeding Chris Morris, who will assume the role of Master Distil...

Alcohol Sales Slump In Europe As Consumers Seek To Mitigate Inflation: IRI

Sales of beer, wine and spirits fell 4% across the European retail channel last year, according to IRI, as consumers cut discretionary purchases to moderat...

Rémy Cointreau Sees Smaller-Than-Expected Decline In Q3 Sales

French spirits maker Rémy Cointreau has posted a smaller-than-expected drop in third-quarter sales, as steep shipments to China ahead of the Lunar N...

Diageo Tops Sales Estimates, Helped By Premium Brands

Diageo the world's largest spirits maker, beat first-half sales forecast as it raised prices and more people drank premium spirits.

Constellation Brands Sees Beer Business Outperform, Confident About Remainder Of Year

Constellation Brands has said that it expects that its beer business, which includes the Modelo brand, will report net sales growth of between 9% and 10% i...

EU Spirits Group Calls For Three-Pillar Trade Strategy With ASEAN Countries

spiritsEUROPE, which represents the spirits sector at EU level, has called for the establishment of a 'three-pillar' trade strategy with ASEAN markets in S...

Indian Winemaker Sula's IPO Oversubscribed With Bids Worth $190m

Sula Vineyards Ltd's initial public offering was oversubscribed on Wednesday with bids worth 15.65 billion rupees (€180 million), although some analys...