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This week in spirits & wine, featuring Gruppo Campari's Q1s, wine consumers' ambivalence and Diageo and Pernod Ricard's 'Brexit' positions

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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.

This week in spirits & wine on just-drinks

This week in spirits & wine on just-drinks

Treasury Wine Estates is to launch Blossom Hill in Australia as it starts to expand distribution of the former Diageo wine brands acquired at the start of the year.

I'm at something of a crossroads when it comes to knowing what it is that today's consumers - particularly Millennials - want to drink. On the one hand, the big spirits brands are targeting the demographic using heritage and authenticity while, on the other, Millennial wine drinkers appear to want their wine brands to keep things simple.

Weakened emerging market currencies along with continued declines in its Jamaican sugar business have impacted Gruppo Campari's performance in the first three months of the year.

Earlier today, Gruppo Campari announced its first-quarter results, including flat sales and a dip in pre-tax profits. Here, we take a look at the figures for the three months to the end of March by region and by brand.

The head of Diageo has warned against the UK leaving the EU, saying a so-called 'Brexit' could jeopardise the industry's global bargaining clout. 

Declines in China have led to the first annual fall in global alcohol consumption in at least 14 years, according to new Euromonitor figures.

Diageo's Africa & Asia-Pacific president, Nick Blazquez, is to leave the company after 27 years.

Pernod Ricard has announced further details of the new structure of its operations in the US, a market that the group considers key to its medium-term goals.

Data provider Nielsen has teamed up with on-trade consultants CGA to launch its first consumer sentiment survey on the US on-trade market. The report continues Nielsen's new focus on the out-of-home channel, which can be difficult to get accurate information on. Last month, the company launched a report that compared the US on-trade to the UK's, while the latest focusses on how the public views the major bar-and-restaurant alcohol brands. Here's a look at some of the report's key findings:

Pernod Ricard has joined rival Diageo in backing the campaign to keep Britain in the EU.

In May, the International Wine Challenge released the full list of its gold medal winners for 2016. Here they are.

Last night, the Davids and Goliaths of the spirits category gathered at the Distillers' City Debate in London to discuss whether the craft segment is a friend of global brands. On the panel, Brown-Forman's chief brands & strategy officer, Lawson Whiting, and Chivas Bros CEO Laurent Lacassagne sat alongside UK craft distiller John McCarthy from Adnams and David Smith, founder of Craft Distilling Expo. Also present was Nomura analyst Ian Shackleton to provide an overview.

Bacardi has confirmed it will separate its Oakheart rum from the Bacardi brand. 

Brown-Forman has declined to comment on reports this week claiming it is looking to offload its Finlandia vodka brand.


Sectors: Spirits, Wine

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