Tequila

Top Investors Question Diageo's Growth Goals

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Top Investors Question Diageo's Growth Goals

Diageo's new finance chief Nik Jhangiani is under pressure to row back on the spirits giant's medium-term sales goals next week, which some investors say m...

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How Consumers In Australia Responded To Celebrity-Endorsed Alcohol Brands In 2024

NielsenIQ (NIQ) has recently released a report that unveils the influence of celebrity endorsements on consumer choice in Australia last year.

Trump Tariff Plan Puts Diageo, Becle Tequila Imports Worth $3bn At Risk

Some $3 billion (€2.9 billion) in tequila and mezcal imports from top makers of the popular spirits, Diageo and Jose Cuervo owner Becle, are at risk f...

Brown-Forman Beats Sales, Profit Estimates In Second Quarter

Brown-Forman beat second-quarter sales and profit estimates, helped by steady demand for its ready-to-drink beverages and spirits.

Spirits Industry To Seek Exemption From Trump's Universal Tariffs

The spirits industry is planning to push for an exemption to any universal tariffs on US imports imposed by the incoming Trump administration, a trade body...

Pernod Ricard Acquires Stake In F1 Star Lewis Hamilton's Almave Brand

Pernod Ricard has acquired a minority stake in Almave, a non-alcoholic, blue agave-based spirits brand.

Jack Daniel's Parent Brown-Forman Misses Quarterly Estimates On Tepid Demand

Brown-Forman missed first-quarter profit and sales estimates, hurt by higher input costs and weaker demand for its pricey whiskey and spirits.

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...