Sales for Q1 FY25 totalled €2,783m with an organic decline of -5.9% largely driven by a steep drop in China.

Diageo has announced it has reached an agreement to acquire Don Papa Rum for an initial €260 million.

Campari Group has released its results for the first nine months of 2022, which saw strong performance and net sales of €2,005.7 million, up +27.3% on a reported basis.

Pernod Ricard has released its FY22 Results, showing that sales grew organically by 17% in 2022, equalling €10.7m, with sales growing by double digits across each of its regions and spirit categories.

Diageo stock increased by 4% this morning after it announced an improved profit growth forecast for the 2021 fiscal year.

British bar and casual dining group Loungers has seen its share price increase 21% this morning after it revealed strong trading figures since reopening post-lockdown.

Pernod Ricard has achieved its highest-level of growth since before the global recession, thanks to strong sales in Asia and a rallying performance in mature markets.  

Brown-Forman has reported double-digit half-year net sales growth after a strong performance from its Jack Daniel's brand. 

Glazer’s, the Dallas-based wine, spirits and malt beverage distributors, has appointed Jim Oliver as senior vice president of fine wine.

Glazer’s, the Dallas-based wine, spirits and malt beverage distributors, has appointed Jim Oliver as senior vice president of fine wine.

Cork producer Amorim recorded double-digit volume growth in 2010.