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Pernod reports sharp -26% sales drop in China
Sales for Q1 FY25 totalled €2,783m with an organic decline of -5.9% largely driven by a steep drop in China.
Cramele Recaș invests €11m in Romanian wine
Romanian winery Cramele Recaș has announced an €11m investment plan with the aim to consolidate its position as the country’s largest wine producer.
Guinness 0.0 draught trials launch in GB
After a successful trial in Ireland, Guinness 0.0 is being rolled out across Great Britain on keg at a select number of pubs.
Pernod Ricard records 1% sales decline for FY24
Pernod Ricard has reported organic sales decline of -1% for the fiscal year ending June 2024.
Birra Moretti overtakes Carling as UK’s best-selling draught
Italian lager Birra Moretti has overtaken Carling to become the best-selling draught lager in the UK, research from CGA finds.
Guinness shines despite Diageo sales decline
Diageo reported a net sales decline of 1.4% to $20.3 billion for the year end 30 June 2024 which the company pinned on unfavourable foreign exchange and inflation.
Zamora Company sets record sales in 2023
Zamora Company has announced record turnover for 2023 with €268 million and a 21.5% increase in sales since 2021.
Toku Saké appoints new head of sales and advocacy
Toku Saké has appointed Stuart Hudson as head of sales and advocacy, effective as of this month.
The Millionaires' Club 2024 launches
The Millionaires’ Club 2024 has revealed that 44% of the world’s major spirits producers showed volume declines in 2023 as global recession and inflation takes effect.
Viña Concha y Toro sales up more than 25%
Viña Concha y Toro has recorded sales growth of 26.4% for the first quarter of its financial year as it continues to recover from a challenging 2023.
Pernod Ricard sees sales drop -3% in H1 FY24
Pernod Ricard reported a -3% decline of both organic sales and organic profit from recurring operations for the first half of the financial year 2024.
Pernod Ricard FY23 sales up 10%
Pernod Ricard saw organic net sales rise 10% in fiscal 2023, driven by strong growth across all spirits categories, alongside broad-based growth across all regions.
Diageo sees double-digit sales increase
Diageo has announced its preliminary results, year ended 30 June, reporting net sales of £17.1 billion, increased 10.7%, primarily reflecting strong organic net sales growth, and favourable impacts from foreign exchange.
Brown-Forman announces +8% net sales for FY23
Brown-Forman has reported a net sales increase of 8% to $4.2bn for the fiscal year ended April 30, 2023, with a fourth quarter performance of +5% to $1bn.
Pernod Ricard reports double-digit growth in H1 results
Havana Club owner, Pernod Ricard, has reported 19% organic sales growth in the first half of fiscal 2023, with all spirits segments seeing double-digit growth.
Diageo reports 18.4% half year sales growth
Diageo, purveyor of Johnnie Walker and Guinness, has announced half year results to 31 December 2022 with reported net sales of £9.4bn, increased 18.4%, reflecting strong organic net sales growth.
Pernod Ricard sales grow 11% in Q1
Pernod Ricard has released its sales and results for Q1 FY23, with sales totalling €3,308 million and an organic growth of +11%.
Luxco reports 27% growth in sales across Germany and Europe
US-based drinks group Luxco has reported a 27% uplift in annual sales across Germany and Europe.
Pernod Ricard sales increase 17% in FY22
Pernod Ricard has released its FY22 Results, showing that sales grew organically by 17% in 2022, equalling €10.7m, with sales growing by double digits across each of its regions and spirit categories.
Beam Suntory reports strong first-half performance driven by premium brands
A strong performance in key markets saw Beam Suntory’s net sales increase by 13% year-on-year in the first half of 2022, a 25% increase on the pre-pandemic period in 2019.
Diageo announces preliminary results, year ended 30 June 2022
Diageo has announced its preliminary results for the year, ended 30 June 2022, with strong performance and investments into long-term growth.
Premium sales drive growth for Viña Concha y Toro in 2021
Viña Concha y Toro has reported that profits rose by 26.7% in 2021 with sales of premium wines accounting for more than half of company revenues for the first time.
D.O. Cava enjoys record breaking 2021
Following a strong performance in the international market, D.O. Cava has reported a sales growth of 17.3 per cent and 252 million bottles in sales.
Anora suspends all Russian trade and pledges donation to Ukraine
Nordic wine and spirits company Anora has decided to suspend all sales to Russia and donate €50,000 to the Ukrainian Red Cross.
Strong demand from the UK, the US and China helped South African wine exports increase by 12.1% in value to R10.2bn in 2021.
Pernod Ricard reports strong H1 growth
Surging demand for premium spirits powered Pernod Ricard’s 17% year-on-year sales growth in the six months to December 31, 2021.
Diageo reports 15.8% first-half sales growth
Diageo reported that first-half net sales increased 15.8% to £8 billion as the on-trade rebounded and off-trade demand remained strong.
Cava sees significant growth in the first nine months of 2021
Sales in the first nine months of 2021 of sparkling wines made under the protection of the DO Cava have increased by 16.45% on the same period in 2020.
Norway bans bars from selling alcohol
Norway has banned alcohol sales in bars and restaurants for a month in a bid to slow the spread of the Omicron variant.
Brown-Forman raises sales guidance
Brown-Forman has raised its full-year sales outlook in anticipation of supply chain disruption easing in the months ahead.
Ecommerce alcohol sales expected to grow by 66% over the next five years
Online sales of alcoholic beverages in 16 key global markets will increase by 66% over the next five years, according to projections from IWSR.
Canada on-trade sales exceed pre-pandemic levels
On-trade sales in Canada have climbed 4% higher than pre-pandemic levels, according to new data from CGA.
The Covid-19 pandemic has inspired drinks producers across the world to significantly ramp up their focus on direct-to-consumer (DTC) sales.
Pernod Ricard declares +9.7% organic sales growth FY21
Pernod Ricard has announced organic sales growth of +9.7% for FY21 totalling €8,824m with increased sales in all regions.
Surge in hard seltzer brands slow uptake
It has been a sobering quarter for hard seltzers. Sales of the canned RTD that disrupted the US alcohol market when it burst on to the scene in 2016 have finally stalled.
Carlsberg sales surpass pre-pandemic levels
Carlsberg has upgraded its full-year profit guidance after reporting that sales volumes have now exceeded pre-pandemic levels.
VSPT Wine Group has seen an 11% increase in sales for Q2 to maintain its number one spot in the Chilean market.
Concha y Toro increased sales by 9.1% in Q2
Leading Chilean wine producer Concha y Toro increased consolidated sales by 9.1% in the three months to June 30.
Diageo sees a strong future for direct-to-consumer sales
Diageo expects direct-to-consumer sales to grow rapidly and emerge as an important part of the business in the years ahead.
Diageo reports 16% organic net sales growth
Diageo has outperformed analysts’ expectations by reporting organic net sales growth of 16% for the year to June 30.
White Claw lays out international expansion plans
It’s been a sobering quarter for hard seltzer. Sales of the canned RTD that disrupted the US alcohol market when it burst onto the scene in 2016, have for the first time, stalled.
Campari Group reports 37.1% sales increase
Campari Group has reported that organic sales increased 37.1% year-on-year during the first half of 2021.
Trivento named as the world’s best-selling Argentine wine brand
Trivento has been revealed as the world’s best-selling Argentine wine brand in a report by IWSR Drinks Market Analysis.
There’s a buzz about Italian spirits in many markets. Campari and Aperol are kicking up a storm in aperitif drinking occasions through spritz and other mixer serves, while amaro is getting some love on the back of the wider trend for herbal, digestif-style liqueurs.
UK bar group reports record sales since reopening
British bar operator Arc Inspirations has reported that sales have increased by 35% compared to 2019 since it resumed trading in May.
Brighter days ahead for the industry
Global alcohol consumption is expected to increase by 2.9% this year, according to new IWSR projections. Martin Green reports.
Sales of beer and Jägerbombs soar in England during the Euros
Alcohol sales in English pubs have skyrocketed during the Euros according to data collected by UK hospitality app OrderPay.
UK off-trade sales finally decline as bar trade rebounds
Sales of beers, wines and spirits have finally started to decline in the UK off-trade after bars were permitted to open their doors once again.
South Africa imposes another ban on alcohol sales
South African President Cyril Ramaphosa has announced the country’s fourth ban on alcohol sales since the Covid-19 pandemic began.
VSPT Wine Group reports strong Q1 sales
South American wine producer VSPT Wine Group posted a 27.6% sales increase during the first quarter of 2021 in spite of poor exchange rates.
