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.
Global spirits volume sees 5% growth for 2022
The IWSR Drinks Market Analysis reported that the global spirits category grew 5% in volume in 2022, driven by whisky, rum and brandy.
Premiumisation shows first signs of slowing down
According to IWSR Drinks Market Analysis, the first half of 2022 (H1) saw value growth of beverage alcohol reaching historic highs, driven by a combination of post-pandemic demand and price increases.
Pernod Ricard to acquire majority stake in Código 1530
Strengthening its agave portfolio, Pernod Ricard has announced the signing of an agreement for the acquisition of a majority shareholding of Código 1530 Tequila, a range of ultra-premium tequila.
Chase Distillery launches gin seltzer range
Chase Distillery has launched a range of gin seltzers in a bid to appeal to health-conscious millennial consumers.
Campari H1 boosted by N America and Asia
Gruppo Campari has announced sales growth of 5% for H1 of 2012, with strong performances in North America and Asia Pacific offsetting difficulties in Germany, Italy and South America.
Campari reports steady 2011
Italian drinks company Davide Campari-Milano has reported a group net profit for 2011 of €159.2m, up from €156.2m in 2010.
Pernod posts 11% sales and 20% net profit increases
Pernod Ricard has announced an 11% increase in sales and a 20% increase in net profit for the six months ending December 31, 2011.
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Ben Branson on the future of non-alc spirits
In his inaugural column for Drinks International, Branson takes a wider look at the overall non-alcoholic spirits sector to identify which brands will thrive and which won’t survive.
