Drinks

Drinks Groups Welcome Agreement On EU-Mercosur Deal

European drinks groups have welcomed the bilateral trade deal between the EU and South America's Mercosur bloc.

Spirits Group Campari Nominates Hunt As Chief Executive

Italian spirits group Campari has nominated Simon Hunt as chief executive to replace Matteo Fantacchiotti, who resigned in September after only five months...

Drinks Group Anora Establishes Lithuania Business

Drinks group Anora has established Anora Lithuania, which the group has described as a 'key step' in the execution of its strategy to scale its position in...

LVMH Replaces Leadership At Spirits Unit Moët Hennessy

Luxury group LVMH said on Thursday it is overhauling management of its wines and spirits division Moët Hennessy, with chief financial officer Jea...

Premiumisation, Convenience And AI To Shape Spirits Market, Says GlobalData

Factors including premiumisation, convenience, artificial intelligence and a generational shift in consumer preferences are likely to shape the global spir...

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What Would Donald Trump’s Re-Election Mean For Spirits Industry Tariffs?

Barclays has explored what a second Trump presidency might mean for the drinks industry, specifically with regard to tariffs on spirits imports.

Brazilian Brewer Ambev Profit Slides 11% On Higher Tax Provisions

Brazilian brewer Ambev reported an 11% drop in third-quarter net profit on Thursday, hurt by higher tax provisions in its home market, pushing its shares d...

Campari's Third-Quarter Operating Profit Drops 18%

Campari missed forecasts on Tuesday with an 18.2% drop in third-quarter operating profit and the Italian spirits maker warned its fourth-quarter results wo...