Tough Vodka Market Weighs On Campari's First-Quarter Sales
A tough market for vodka and weak demand in Brazil hit Campari's sales in the first quarter, although it benefitted from the growing popularity of its Aperol liqueur.
Aperol, once a niche product sold mostly in northern Italy, is now the Italian drinks group's best performer, enjoying strong demand in Europe and rising sales in the United States.
The world's sixth-largest spirits company also reported solid sales of its eponymous red bitter, Grand Marnier liqueur, and Wild Turkey bourbon.
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