Imitation, they say, is the sincerest form of flattery. More than a quarter of a century after Pernod Ricard signed its Havana Club joint venture with state-owned Cuba Ron Corp, Diageo has followed suit. The group’s Santiago de Cuba agreement, announced earlier this month, is one of the most eye-catching spirits deals of the year – but it shouldn’t distract us from the huge challenges facing the rum category, says Richard Woodard.

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GlobalData Strategic Intelligence

US Tariffs are shifting - will you react or anticipate?

Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.

By GlobalData