France: Latest beverage news & analysis
When a company announces a cost-savings programme, you can guarantee it will get its own headline. When the programme is given a name by the company, the headline gets that little bit louder. But when the company announcing the programme is French, then start polishing those lightbulbs.
Pernod Ricard will report its quarter four and full-year numbers on Thursday. Here, just-drinks takes a look at what the Paris-headquartered group has been up to in the three months to the end of June:
During last week's full-year results conference call, Remy Cointreau chairman & interim CEO François Hériard Dubreuil said he expected a new face to be sitting alongside him for the next call.
The interim CEO of Remy Cointreau has admitted the company depends too much on sales in Asia and will instead seek a “geographical balance”.
Today (5 June), Remy Cointreau posted a significant drop in full-year sales and profits after a weak showing in China. Here, just-drinks takes a closer look at the company's performance by brand in the 12 months to the end of March.
Burgundy growers suffered a 12% slump in export volumes in the first seven months of this year, latest figures show.
Export sales of French wine and spirits fell by 7.3% in the first half of this year, according to latest figures.
Groupe Danone has announced that its CEO is to step down from the role, with his deputy to take over.
Pernod Ricard is to replace its CMO next year with the current head of its South Africa unit.
Pernod Ricard has reported a double-digit fall in full-year net profits as volumes of its headline brands dipped slightly.
Burgundy wine producer Domaine Chanzy has confirmed it is planning to float between 20% and 30% of its capital on the London Stock Exchange by the end of year.
Borie Casteja Animation Participations (BCAP) has joined the big league of Bordeaux traders in acquiring a majority stake in its counterpart, Mähler-Besse.
Remy Cointreau has appointed a new head of its liqueurs & spirits division as it targets growth outside its core Remy Martin Cognac brand.
The chairman of French drinks group Belvédère has announced his resignation, citing "personal reasons".
PepsiCo has appointed Bruno Thévenin to the newly-created post of general manager of Western Europe & South Africa (WESA) for its Tropicana fruit juice brand.
Does Pernod Ricard have something to hide? In a press conference after the release of full-year results today, only a quarter of the 100 minutes were given over to questions from journalists.
The alcohol industry can sometimes skirt around the reason why people choose to drink.
Among the bustle of - in my opinion - a rejuvenated London Wine Fair yesterday was a competition to honour the best wines of France's Languedoc-Roussillon region.
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