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Challenges abound as French giants Rémy, LVMH report latest numbers

Those searching for signs of progress from the quarterly results published this week by Rémy Cointreau and LVMH would have had to look pretty hard.

Latest news

Diageo India asked to appear before police over liquor discounts

CEO Hina Nagarajan or a company representative have been summoned by police to appear today (26 July).

Jacob’s Creek staff set for strike action amid Pernod wine sale concerns

The worker’s representatives – United Workers Union – are bargaining with Pernod Ricard.

Southern Glazer’s Wine & Spirits acquires Horizon Beverage Group

The deal expands Southern Glazer’s operations to 47 US States.

Spirits Canada’s members take LCBO to court over charges

The trade body said its members were “blindsided” by what it called a “staggering multi-million-dollar retroactive tax bill” issued by LCBO.

Kroger, Albertsons merger temporarily halted by US judge

The two US retailers are facing opposition to their planned merger.

Cyber breach had “material impact” on operations, Crimson Wine Group says

The US wine group said sensitive customer data may have been accessed.

Asahi offloads restaurant business in Japan

The company has agreed to sell its Nadaman restaurant chain to local conglomerate Onodera Group.

Six killed in Becle Casa Cuervo Tequila distillery tank explosion

The cause of the blast is unknown.