France: latest retail news, insights and analysis | ESM Magazine

Pernod Ricard Confident About Full Year As H1 Results Beat Expectations

Pernod Ricard said it was confident sales growth would remain dynamic and broad-based albeit in a normalising environment for the 2023 fiscal year, after i...

European Craft Distillers Call For Support For SMEs

European craft distillers have called on the EU and national governments to support the sector's efforts to grow and become more resilient.

LVMH's Wine & Spirits Division Reports 'Record' Revenue And Earnings

The Wine & Spirits division of luxury group LVMH has reported revenue growth of 19% in its 2022 financial year (up 11% on an organic basis), which the...

Rémy Cointreau Sees Smaller-Than-Expected Decline In Q3 Sales

French spirits maker Rémy Cointreau has posted a smaller-than-expected drop in third-quarter sales, as steep shipments to China ahead of the Lunar N...

Champagne Sales To Reach New Record In 2022, Producers Say

Champagne sales are expected to reach a new record in 2022, despite inflation that could have made consumers shun the expensive bubbly, producers said.

France's InVivo To Buy One Of The World's Oldest Malthouses

Malteries Soufflet, a branch of French agribusiness group InVivo, said on Monday it had signed an agreement to take over Belgian malthouse Castle Malting,...

Pernod Ricard Acquires Majority Stake In Código 1530 Tequila

French spirit group Pernod Ricard has announced the acquisition of a majority shareholding in the Código 1530 range of premium tequilas.

French Wine Output To Rise 18% After Early Harvest: Ministry

Wine production in France this year should reach 44.6 million hectolitres, 18% above last year's frost-ravaged output, the farm ministry said as harvesting...