Spirits: latest news, insights and analysis | ESM Magazine

Diageo Tops Sales Estimates, Helped By Premium Brands

Diageo the world's largest spirits maker, beat first-half sales forecast as it raised prices and more people drank premium spirits.

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...

EU Spirits Group Calls For Three-Pillar Trade Strategy With ASEAN Countries

spiritsEUROPE, which represents the spirits sector at EU level, has called for the establishment of a 'three-pillar' trade strategy with ASEAN markets in S...

Indian Winemaker Sula's IPO Oversubscribed With Bids Worth $190m

Sula Vineyards Ltd's initial public offering was oversubscribed on Wednesday with bids worth 15.65 billion rupees (€180 million), although some analys...

Brown-Forman Names Marshall Farrer As Chief Strategic Growth Officer

Brown-Forman has named Marshall Farrer as its new chief strategic growth officer and executive president, effective 1 January 2023.

Campari, LVMH's Moët Hennessy Buy 100% Of Tannico

LVMH's Moët Hennessy and Italy's Campari have taken full ownership of online wines and spirits company Tannico via their joint venture and plan to exp...

Anora Posts Double-Digit Sales Growth In Third Quarter, Reiterates Guidance

Drinks group Anora has reported net sales growth of 10.2%, to €181.9 million, in the third quarter of its financial year.

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...