Spirits: latest news, insights and analysis | ESM Magazine

Pernod Ricard Banks On 'Dynamic' Fourth Quarter

Pernod Ricard reported worse than expected third quarter sales as its big U.S. and Chinese businesses remained under heavy pressure.

Corona Beer Maker Constellation Brands Forecasts Annual Profit Above Estimates

Constellation Brands forecast annual profit above Wall Street expectations, banking on resilient demand for its core beer brands despite sticky inflation.

John Manzoni To Replace Ferran As Chairperson Of Diageo

Diageo has named former British senior civil servant John Manzoni as its next chair, replacing Javier Ferran, who is retiring in February 2025.

European Drinks Industry Unveils New System For Developing E-Labelling

The CEEV – Européen des Entreprises Vins and spiritsEUROPE have teamed up with QR code compliance solutions firm Scantrust, to unveil a new, u...

Alcohol Sales In Norway Declined 2.4% In 2023

Volume sales of alcoholic beverages declined by 2.4% in Norway in 2023, to 392 million litres, compared to the preceding year.

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...

US Spirits Exports Rise 8% In 2023 Following EU Tariff Suspension

Spirits exports rose 8% in 2023 to $2.2 billion, according to the Distilled Spirits Council of the United States, following the European Uni...

Tequila Giant Becle Sees Margins Growing After Troubled Year

Mexican distiller Becle said it expects its profit margins to slowly improve thanks to lower input costs that helped it post a forecast-beating fourth quar...