Here's a round-up of this week's highlights in the global spirits & wine categories. We are also running similar round-ups for beer and soft drinks & bottled water.
Is the sun finally about to return for Diageo? Analysts at Nomura have upgraded their rating for the global drinks giant from 'neutral' to 'buy' after meetings with the company reassured them that the company's ‘bad newsflow’ is abating and that growth would see a recovery in fiscal-2016.
When you look at the way the various spirits categories are defined, you'd be forgiven for concluding that the liqueurs segment comprises 'everything else'. Richard Woodard examines the sector.
Pernod Ricard's Absolut Co has promoted Anna Schreil, director of product development, realisation & R&D, to the post of VP operations, which includes managing the production of Absolut vodka.
Mast-Jägermeister is set to buy Sidney Frank Importing Co (SFIC), the company that helped steer the Jägermeister brand to global success.
Pernod Ricard has confirmed that Guillaume Girard-Reydet, currently managing director of Pernod Ricard Wyborowa and of Central Europe, will be appointed managing director of Pernod Ricard India.
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By GlobalDataUS alcohol trade groups have hailed the Senate's passing of the Trade Promotion Authority (TPA), calling the legislation an important step towards a level playing field for global producers.
Beam Suntory has announced plans to repackage its Courvoisier Cognac brand.
InVivo has announced a "strategic agreement" with wine co-operative Vinadeis (formerly Val d’Orbieu-Uccoar) and the purchase of Vignobles du Soleil International.
Romanian winery Cramele Recas is to invest EUR2m (US$2.24m) in a bottling line to double its capacity to 20m bottles per year.
Brown-Forman is set to launch the first permanent rye whiskey expression of its Woodford Reserve whiskey brand in the UK.
