Market research
Here's a round-up of this week's top stories in the global spirits & wine categories. We have similar round-ups for soft drinks & bottled water and beer & cider.
This week in spirits and wine
Last month, the CEO of Pernod Ricard, Alex Ricard, was in London to discuss the group's half-year results. just-drinks sat down with Ricard following the press conference to look at both the numbers for the first six months of fiscal-2017 and Ricard's tenure so far, since assuming the leadership in early-2015.
This month, just-drinks' brown spirits commentator, Ian Buxton, considers the sector's efforts to entice the Millennial consumer into the fray.
Pernod Ricard CEO Alex Ricard has deemed the current Travel Retail model unsustainable, calling for an end to the practice of retailers overbidding for airport concessions.
At the TFWA China's Century Conference in Guangzhou last week, speaker after speaker lined up to talk about the changing face of Chinese luxury consumerism. Gone are the days when premiumisation in China meant sticking some red and gold glint on the packaging and raising the price by 30%. When it comes to brand awareness, China's Millennials are much more savvy in their brand awareness than their parents.
Treasury Wine Estates has announced the appointment of Tom King as MD for Europe.
Diageo has cut the ribbon on its US$115m Bulleit Bourbon distillery in Kentucky.
Pernod Ricard is to list calorie and alcohol content for all of its strategic brands online, stopping short of rival Diageo's plan to include the data on pack labels.
French spirits producer Maison Ferrand has bought its first distillery outside of France with the purchase of the West Indies Rum Distillery in Barbados.
William Grant & Sons has re-entered the Japanese duty free market after signing a distribution deal with Japan Airlines.
The drinks industry has hailed a move by the European Commission to allow alcohol companies to propose their own labelling guidelines.
Lucas Bols has named a new managing director for its US division, following the recent departure of Daan de Kroon.
Centre Vinicole Champagne Nicolas Feuillatte has confirmed the departure of its managing director, Julie Campos.
For the first time, Dutch brewer Heineken has merged its sustainability report into its main annual report. The increased investor interest in sustainability, coupled with the need to account for risks related to climate change, make it likely more major companies will follow suit. Ben Cooper reports.
Sectors: Spirits
