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Global travel retail challenges see Pernod Ricard Q3 sales fall 3%
Pernod Ricard saw its organic net sales decline by 3% in the third quarter of fiscal 2025 driven by sharp declines in global travel retail.
Saga Spirits, a new whiskey company from Wes Henderson, co-founder of Angel’s Envy, has entered into a distribution agreement with Southern Glazer’s Wine & Spirits for its portfolio of whiskey products.
A week after flood waters reached their peak at Buffalo Trace Distillery, signs of normalcy have now returned.
Antinori and Caporale to open new bar Montana in Hong Kong
Lorenzo Antinori and Simone Caporale have announced the opening of a new bar in Hong Kong called Montana, Drinks International can exclusively reveal.
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Suntory launches water sustainability company
Suntory Holdings has announced the launch of a new company dedicated to helping communities achieve long-term water security.
Asia’s 50 Best Bars heads to Macau for 2025
For its tenth edition, Asia’s 50 Best Bars has announced that, for the first time, the ceremony will be held in Macau on 15 July 2025.
New Eden Mill Distillery fills first cask
Independent Scottish distiller Eden Mill has completed commissioning of its new distillery, with both gin and single malt whisky now being produced on-site.
Monarq and Torres reach distribution agreement
Monarq Group and Familia Torres, the Spanish wine and spirits producer, have announced a new regional distribution agreement for Torres Brandy and El Gobernador Pisco.
Diageo swaps US Cîroc rights in Lobos 1707 exchange
Diageo has exchanged majority ownership of the brand rights for Cîroc vodka in North America, for majority ownership of tequila brand Lobos 1707.
Trump unveils plans for reciprocal global tariffs
In what has been dubbed ‘Liberation Day’, US president Donald Trump has announced steep reciprocal tariffs.
Stock Spirits acquires The Drinks Company
Stock Spirits Group has announced its acquisition of The Drinks Company, a UK-based independent spirits importer and distributor.
ItalSpirits departs from Roma Bar Show
ItalSpirits, the independent Italian spirits company founded by Giuseppe Gallo, has announced that it will not take part in the organisation of the upcoming 2025 edition of Roma Bar Show.
Majestic to acquire Enotria & Coe
UK-based specialist wine retailer, Majestic, has entered into a formal agreement to acquire wine and spirit supplier, Enotria & Coe.
Former Bacardi-Martini boss launches French distributor
IQ Spirits, a new distributor dedicated to premium independent spirits in France, has announced its launch.