UK: Pernod, Beam and Diageo appeal to UK supermarkets – report
Pernod Ricard, Beam Global Spirts & Wine and Diageo are in talks with supermarkets to stop seasonal 'buy one get one free' promotions in the UK, according to reports.
The companies, which have recently struggled to compete with UK retailers marking down prices, were cited by industry press late last week as having appealed to supermarkets to commit to a single price point and ban the 'buy one get one free' trend.
Diageo GB sales director David Smith was cited by The Publican as saying: "This year we are recommending retailers choose a single price point for promotion and support throughout the season."
Pernod Ricard's victory in the race to buy Vin & Sprit has sent shockwaves across the global spirits industry, whilst also throwing up a vast array of questions. In a spotlight special, Jessica Harvey...
Pernod Ricard's New Zealand winery Montana has said it will use eco-friendly packaging and processes as well as maintain the natural surroundings required to produce its wines....
The head of India's UB Group has warned that the ongoing struggle against higher taxes on imported spirits into the country cannot be resolved through the World Trade Organisation....
The European Union has made a plea to the alcoholic drinks industry to stop targeting young people and minors in marketing campaigns....
The head of Beam Global Spirits & Wine has said the company has "a lot of dry powder", and will consider other acquisitions following its failure to capture Vin & Sprit earlier this month....
India has been warned that it must ensure "non-discriminatory tax treatment" for foreign spirits companies, or face a fresh complaint to the World Trade Organisation....
The recent budget hike on spirits in the UK could lead to "unintended consequences", the Scotch Whisky Association has warned....
This year's World Whiskies Conference kicked off today (15 April) with the double header of Diageo CEO and SWA chairman Paul Walsh and Vijay Mallya, chairman of India's UB Group. As was expected it wa...
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