Inflation: latest news, insights and analysis | ESM Magazine

Jack Daniel's-Maker Brown-Forman Cuts Annual Organic Sales Forecast

Jack Daniel's maker Brown-Forman has cut its organic net sales forecast for fiscal 2024, a sign that higher prices are weighing on the demand for its...

Campari CEO Signs Off With Profit Increase, Bright Outlook

Demand for aperitifs, tequila and bourbon helped Italian spirits group Campari to deliver higher operating profit last year as it prepares for a change of...

Investors Tempted By Brewers As Spirits Sales Falter

Investors are warming to beer stocks as a relatively cheap way to benefit from growth in alcohol brands, particularly in emerging markets, as eas...

Rémy Cointreau Beats Q3 Sales Forecast, Sees Annual Sales At Low End Of Range

French spirits maker Rémy Cointreau posted a slightly smaller-than-expected decline in third quarter sales, helped by a sequential improvement...

Jack Daniel's-Maker Brown-Forman Cuts Annual Sales Forecast As Demand Softens

Brown-Forman cut net sales forecast for 2024 as cost-conscious consumers looked at cheaper alternatives to the whisky-maker's more pricier brands in the Un...

Constellation Brands Lifts Profit Forecast On Higher Pricing

Constellation Brands has raised its annual profit target after topping sales expectations for the second quarter, riding on higher prices and strong d...

Royal Unibrew Reports 'Strong' Top-Line Growth In H1, Raises Full-Year EBIT Guidance

Drinks firm Royal Unibrew generated net revenue of DKK 6.2 billion (€830 million) in the first half of its financial year, equating to organic growth...

French Spirits Exports Fall 20% As Inflation Hits, Industry Says

French spirits exports plunged 20% in the first quarter of the year after rising in 2022 as inflation prompted consumers around the globe to shift away fro...