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Green shoots? It’s still too early to call recovery in spirits

Both Moët Hennessy and Pernod remain cautious about the rest of the year and who can blame them, given the recent global performance of the spirits category?

Latest news

Brown-Forman mum on ‘favouring Pernod bid’

Reports from Bloomberg and Reuters yesterday (20 April) suggest the Jack Daniel's brand owner is leaning towards a deal with the French spirits major.

Sapporo to sell Stone Brewing assets

Sapporo is also making changes to its production in the US.

GLP-1 uptake “almost doubles” in UK – research

Polling by UK research body the IGD showed 6% of UK adults were using the drugs in March.

Supreme strikes UK Carabao tie-up

Supreme said the deal will help “accelerate” Carabao's growth in the UK, where the brand has sponsored one of the country's principal football competitions since 2017.

Twinings owner ABF to split grocery assets from retail arm Primark

ABF chair Michael McLintock said a demerger was the “best way to maximise long-term returns for shareholders”.

Carlsberg gains more PepsiCo rights as Royal Unibrew contract ends

Royal Unibrew said it "would have welcomed the opportunity to continue the partnership; however, it has not been possible to reach an agreement".

Supreme shares rally on upbeat trading update

The owner of the Typhoo tea brand forecast a 15% increase in revenue.

Prime Time on ambition to “pioneer” better-for-you options in beer

CEO Harvey Armstrong on how the UK group is building its presence in its home market and abroad and the growing demand for beers that are “health conscious-aligned”.