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Constellation Brands Sees Beer Business Outperform, Confident About Remainder Of Year

Constellation Brands has said that it expects that its beer business, which includes the Modelo brand, will report net sales growth of between 9% and 10% i...

Rémy Cointreau Posts First-Half Profit Above Expectations

Rémy Cointreau reported a stronger-than-expected 27.2% organic jump in first-half operating profit, driven by strong demand for its premium cognac i...

Banning Alcohol From Sale At World Cup Stadiums Could Prove Costly For FIFA

The eleventh-hour decision by Qatar authorities to ban the sale of alcohol from stadiums at this year's World Cup is unlikely to go down well with supporte...

Campari Builds Up Bourbon Business With Wilderness Trail Distillery Deal

Italian spirits group Campari has reached an agreement to buy an initial 70% stake in Wilderness Trail Distillery for $420 million (€424.5 million), s...

Heineken Seeks To Offset Cost Inflation As Revenues Rise In Third Quarter

Heineken has reported a 27.5% increase in revenue in the third quarter of its financial year, as the brewer steps up its efforts to tackle increasing cost...

Rémy Cointreau Confident About Full Year After Q2 Sales Exceed Expectations

Rémy Cointreau said it was looking to the 2022/2023 full year with confidence after its sales rose by a stronger-than-expected 16.2% in the second q...

Pernod Ricard Confident As First-Quarter Sales Beat Expectations

French spirits maker Pernod Ricard said it was confident sales growth would remain dynamic through its 2023 fiscal year after it delivered a forecast-beati...

Constellation Brands Seeks To Develop Higher-End Market Positioning

Drinks group Constellation Brands has outlined its ambition to 'higher-end wine and spirits portfolio with distinctive brands and products', following the...