Pernod reports sharp -26% sales drop in China
Sales for Q1 FY25 totalled €2,783m with an organic decline of -5.9% largely driven by a steep drop in China.
The Millionaires' Club 2024 launches
The Millionaires’ Club 2024 has revealed that 44% of the world’s major spirits producers showed volume declines in 2023 as global recession and inflation takes effect.
Pernod Ricard sees sales drop -3% in H1 FY24
Pernod Ricard reported a -3% decline of both organic sales and organic profit from recurring operations for the first half of the financial year 2024.
Tamdhu announces latest edition to Batch Strength series
Tamdhu Speyside Single Malt Scotch Whisky has announced the latest edition to its ‘Batch Strength’ series, the Batch Strength 007.
Yamazaki crowned The World's Most Admired Whisky brand 2021
Suntory’s Yamazaki has topped the inaugural edition of Drinks International’s The World’s Most Admired Whiskies which launched on 21 October.
Edrington and Beam Suntory agree distribution swap
Edrington and Beam Suntory have reached an agreement to end their joint-venture distribution businesses in Spain and the UK after more than a decade of partnership.
London Cocktail week 2021 extends to full month of October
London Cocktail Week has announced that the 2021 festival will once again be extended to the full month of October and not host The Cocktail Village.
Pernod Ricard improves outlook for full-year profits
Pernod Ricard now expects the decline in full-year profits to be less severe than initially anticipated as a result of cost control and resilient sales.
Alcohol Concern loses its CEO
The board of Alcohol Concern, the anti-alcohol lobby group in the UK, has announced a restructuring of its senior management following the loss of core funding with the role of the CEO becoming part time for a year alongside the recruitment of a full time director of fundraising and campaigning.