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Pernod sells RTD in Mexico strategy change
Pernod Ricard has advanced its transition to focus on global brands in the Mexican market with the sale of RTD Caribe Cooler to Grupo Bepensa.
The Bibendum PLB Group has announced the structure of the buying team of the recently merged company.
WSTA calls for cut in drinks duty
The Wine and Spirit Trade Association, the lead body for the UK wine and spirits industry, is calling the British government to cut the duty on all alcoholic drinks.
Antica Sambuca to be distributed by Synergy in Russia
Rossi D’Asiago has announced that its flagship sambuca Antica, the second best selling brand in the category worldwide, will be distributed in Russia by the Synergy Group.
Moët Hennessy Wines and Spirits chairman and CEO, Christophe Navarre, has announced the appointment of Stéphane Voyer, as senior vice president human resources.
Fever-Tree shares buoyant after floating
Fever-Tree has floated on the London Stock Market today, with the share price currently trading at £1.70 per share, over 25% up on the initial trading price.
Diageo Technology to host drinks industry hackathon
Diageo’s global innovation programme – Diageo Technology Ventures – will be hosting a weekend ‘hackathon’ on November 8-9.
A-B InBev reports third quarter and nine months 2014 results
Anheuser-Busch InBev has just reported its results for the third quarter and the first nine months of 2014.
Call for calorific values on drinks labelling
The Royal Society for Public Health (RSPH) in the UK is calling on the drinks industry and newly appointed EU Health Commissioner to introduce calorie labelling for alcoholic drinks.
Tesco being investigated by the Serious Fraud Office
Tesco has confirmed that it has been notified by the Serious Fraud Office that it has commenced an investigation into accounting practices at the company.
Sazerac announces craft unit Bond & Royal Spirits
Sazerac - the New Orleans-based company – has announced the addition of Bond & Royal Spirits to focus on developing brands within the specialty and craft spirits space.
Denis O’Flynn is next WSTA chairman
Pernod Ricard UK managing director, Denis O’Flynn has been elected as the next chairman of the Wine and Spirit Trade Association (WSTA), succeeding Nick Hyde in January 2015.
William Grant & Sons acquires Drambuie
William Grant & Sons has announced the acquisition of the Drambuie Liqueur Company.
Vantguard announces US portfolio launch
Vantguard – formerly Global Premium brands - has announced plans for a US launch of its entire portfolio.
William Grant and Sons reports 5.2% turnover increase
William Grant & Sons has reported increased turnover of £1.2bn, up 5.2% on the previous year.
Pernod hit by China and currency exchange rates
Pernod Ricard CEO Pierre Pringuet remains optimistic about China despite 23% decline in sales in its full year results.
Altia Plc, the major Nordic wine and spirits company, has launched a new strategy to achieve major improvements in profitability by the year 2016.
SABMiller disposes of Tsogo Sun
SABMiller plc announces that its wholly owned subsidiary, SABSA Holdings Limited, has now disposed of its entire shareholding in Tsogo Sun Holdings Limited (Tsogo Sun).
Stock Spirits reports volumes and operating profits down
Stock Spirits Group PLC, the Central and Eastern European branded spirits producer, has announced its six monthly results for the period ended June 30, 2014.
Pernod Ricard reports 7% sales decline
The Pernod Ricard group has reported sales of €7.945 million for the financial year 2013/14.
Bacardi Limited has announced the immediate appointment of Kevin F. McNamara as Bacardi Limited senior vice president and chief financial officer (CFO), responsible for global financial operations.
Beam Suntory has announced the appointment of Mauricio Restrepo as the company’s chief financial officer.
Distell reports 12.8% revenue growth
Distell, Africa's largest producer of wines, spirits, ciders and RTDs, has reported 12.8% growth in revenue and a 3.1% increase in sales volume for the year to June 2014.
Bacardi appoints new head of commercial
Bacardi has announced Derek Hopkins, SVP national sales director, will be leaving the company after a three-year tenure.
Bacardi announces new regional president
Bacardi has announced Robert Furniss-Roe will leave his role as regional president of Bacardi North America in September.
SABMiller appoints non-executive director/chairman designate
SABMiller plc has announced that Jan du Plessis is to join the SABMiller board as an independent non-executive director from September 1.
Half-year Gruppo Campari results boosted by Q2 recovery
Gruppo Campari has reported sales dropped 1.8% for H1 2014 after its second quarter levelled out down-trading in Q1.
WSET launches second phase of Chinese pilot programme
The Wine & Spirits Education Trust (WSET) has announced that the first half of 2014 saw the WSET Level 3 award in wines and spirits being run for the first time in Chinese.
Rémy Cointreau promotes Sarantopoulos
Rémy Cointreau has announced the promotion of former LVMH boss Panos Sarantopoulos as CEO of its liqueurs and spirits division.
Diageo flat lines as 'emerging markets' sink further
Diageo has blamed “weakness in emerging market economies” for its 0.4% net sales growth in the 2013/2014 financial year.
Diageo has made further changes to its Executive Committee to enhance “in-market accountability”, which is key to Diageo’s strategy under Ivan Menezes.
Quintessential Brands acquires Marblehead
Quintessential Brands has announced the acquisition of Marblehead, an independently owned UK- based brand development and distribution company.
Edrington reports 3% profit and turnover growth
Edrington has announced group profits before tax was up 3% to £174.0m and turnover up 3% to £607.7m, for the year ended 31 March.
Vickie Sheriff is Diageo's new global comms chief
Diageo has announced the appointment of Vickie Sheriff as global communications director. Sheriff will report to Charlotte Lambkin, global corporate relations director, and be responsible for external communications and employee engagement. She starts on September 1.
Beam Suntory to distribute Suntory brands
Beam Suntory has announced that it will begin distribution of the Suntory Japanese and scotch whiskies and Midori liqueur in the US and Germany beginning July 1.
London Wine Fair hailed a success
Brintex, organisers of the London Wine Fair, has hailed the reinvented, relocated trade show a success.
Wallaces-TCB announces management team
Wallaces–TCB (Tennant Caledonian Breweries), formed after the completion of the acquisition of Wallaces Express, Scotland’s largest wines and spirits wholesaler, by C&C Group, has announced the following senior management appointments, reporting to chief executive, Brian Calder.
Drambuie the scotch whisky liqueur is up for sale, according to the Financial Times newspaper.
Treasury rejects KKR takeover offer
Treasury Wine Estates has rejected an AUS$3.05 billion (US$2.85 billion) takeover bid from Kohlberg Kravis Roberts & Co (KKR).
Investec Food & Drink Entrepreneur of the Year 2014
Entries are now welcome for the first-ever Investec Food & Drink Entrepreneur of the Year 2014.
The next Vinexpo exhibition will be held in Bordeaux, France from Sunday June 14 to Thursday the 18th 2015.
Diageo appoints new non-executive director
Diageo has announced the appointment of Alan Stewart to its board as a non-executive director, effective September 1.
Edrington establishes Edrington Americas
Edrington, , has announced the establishment of Edrington Americas, a wholly-owned sales, marketing and distribution company for the US.
Edrington establishes Edrington Americas
Edrington has announced the establishment of Edrington Americas, a wholly-owned sales, marketing and distribution company for the US.
Beer sales keep Chapel Down buzzing
English wine producer Chapel Down has announced pre-tax profit of £68k (2012: £414k) for the year ending December 31, 2013.
Pernod hit by unfavourable foreign exchange rates
Pernod Ricard’s net sales for the first nine months of the 2013/14 financial year totalled €6,186 million – down 7% on the same period last year. The company says the results are in line with the first half-year and sales were stable excluding foreign exchange and group structure effects.
That’s Spirits Shanghai closes its doors on 2014
Hotelex Shanghai Fine Food Expo 2014 welcomed thousands of visitors from around China last week to the latest incarnation of its drinks exhibition, That’s Spirits.
Menezes announces management changes at Diageo
Diageo's new chief executive Ivan Menezes, has announced a series of changes to his executive management committee
UK chancellor freezes alcohol duty accelerator
The Chancellor of the Exchequer, the UK’s chief finance minister, has frozen the controversial so-called alcohol duty accelerator on spirits and standard cider.
Morgan retires from Diageo executive committee
Diageo has announced that its president new businesses, Andrew Morgan, is to retire.
