Here’s a round-up of this week’s top stories from the global spirits & wine categories. Click the links to view our round-ups for beer & cider and soft drinks & bottled water.
At the end of August, Pernod Ricard released results from its most recent fiscal year, the 12 months to the end of June. Sales in the period were up by almost 4% on the corresponding period a year earlier, breaking the EUR9bn barrier for the first time. Here, industry commentator Richard Woodard considers Pernod Ricard’s performance over the past five years and looks at what lessons the wider wine and spirits industries can learn from the group’s recent history.
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Following on from just-drinks’ analysis of Pernod Ricard’s performance over the last five years, spirits commentator Richard Woodard considers the takeaways for the wider spirits and wine industries.
Diageo has refused to be drawn on reports that the company, which makes the Johnnie Walker blended Scotch whisky brand, is planning a product under the ‘Jane Walker’ name.
Emerging markets increasingly hold the key to the future of the global RTD sector, but operators will need to display continued innovation and nimble reactions to fast-changing trends if they are to succeed.
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The trade association for the Rioja wine region in Spain has secured a slight lift in its annual budget, with spend set to increase in China.
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By GlobalDataPernod Ricard’s Absolut Elyx boss will take on marketing responsibility for spirits in the US, while retaining responsibility for Elyx in the country.
Vintage Wine Estates has added a Washington state winery to its stable in the same month as it completes a deal for several wine brands.
Tough comparatives in the third quarter have proved a drag on Remy Cointreau’s fiscal-2018 sales growth, although Remy Martin’s top-line maintained its year-to-date double-digit sales rise.
In January, Remy Cointreau updated the market on its sales in the first nine months of fiscal-2018. On an organic basis, the group’s top-line in the nine months to the end of December was up by 5.5%, marking a slowdown since H1’s 7% sales lift. Here, just-drinks takes a closer look at the company’s performance by reporting division in the year to date.
This month, we’ve charged our category commentators with predicting the year ahead for their respective sectors. Here, Neil Ridley tells us how he sees 2018 panning out for the global brown spirits category.
The US division of Pernod Ricard has sucked up the outstanding 16% of Avion Spirits, completing the buyout of its partner in the Tequila venture.
Anybody hoping that the world would enter a period of calm in global politics in 2018 is likely to be disappointed.
