The week in wines & spirits

The week in wines & spirits

Here's a round-up of this week's top stories in the spirits & wine categories. We also have similar round-ups for beer & cider and soft drinks & water.

Meeting the needs of the Millennial consumer is a tricky game. I know, because I am one and the one thing I can say for certain about us is that we love a paradox. I, and my fellow Millennials, are the living embodiment of the term 'juxtaposition'.

Last week, the World Economic Forum released the eleventh annual edition of its Global Risks Report, which quantifies and compares the economic, environmental, geopolitical, societal and technological risks facing businesses around the world. just-drinks presents the report's key findings.

Diageo's sales dropped 5% in the first half of its financial year but underlying performance stayed solid as Smirnoff returned to growth in the US.

Reconciling two prevalent trends in the alcohol sector – moderation and premiumisation – represents one of the critical challenges facing alcohol marketers, writes Ben Cooper. Particularly as they seek to attract and retain young adult consumers.

Pernod Ricard has confirmed to just-drinks that it will not renew its partnership with the Wimbledon tennis tournament in the UK for the Jacob's Creek wine brand.

Six months ago, Accolade Wines fired a broadside at the South African wine industry, warning that if wine makers don't get busy building brands then their collective future looks bleak.

Marijuana looks set to steal market share from alcoholic beverages, as more US states make the drug legal, an analyst has said.

Pernod Ricard has agreed to take majority control of German dry-gin brand Monkey 47, from owners Black Forest Distillers.

A big jump in US sales pushed New Zealand wine exports to a record high last year, new figures have shown.

Diageo's reliance on the US spirits market is less a concern and more a benefit, the company's CEO has told just-drinks.