Spirits: latest news, insights and analysis | ESM Magazine

Rémy Cointreau Forecasts Stable Sales, Investors Disappointed

French spirits group Rémy Cointreau predicted sales would remain stable in financial year 2023-2024, reflecting weak US demand in the first half but...

Pernod Ricard's Paul-Robert Bouhier Resigns As India MD: Sources

Pernod Ricard's managing director for India Paul-Robert Bouhier has resigned from his position, three sources told Reuters on Wednesday, a top departure fo...

Pernod Ricard Says Revenue In India Hit As New Delhi Delays Licence

Drinks giant Pernod Ricard is facing 'massive losses' to its business in India because its brands have not been available in the capital New Delhi for six...

Diageo Closes Partial Tender Offer For Shares In East African Breweries

Spirits giant Diageo has announced that it has completed the partial tender offer to increase its aggregate equity stake in East African Breweries from the...

Pernod Ricard To Acquire Majority Stake In Skrewball

Pernod Ricard USA has announced that it has agreed to acquire a majority stake in Skrewball, a super-premium peanut butter flavoured American whisky brand.

Anora Reports Decline In Profitability In FY 2022 Amid High Input Costs

Drinks group Anora has reported a decline in profitability across the business in its financial year 2022 amid high input costs.

Jose Cuervo Owner Sees Growing Thirst For Tequila

Mexican distiller Becle, parent company of the popular Jose Cuervo tequila brand, has forecast further sales growth in 2023 as it expects to increase the v...