15 August 2025
15 August 2025
Some might read what Nik Jhangiani had to say last week as some sort of manifesto for his long-term leadership of the company.
"We don’t expect the consumer environment to improve over the remainder of the year," CEO Jacob Aarup-Andersen said.
The Don Julio brand owner confirmed the changes alongside the publication of its annual report for 2025.
The group will launch its alcoholic Tequila products in Nigeria in January.
US inflation could accelerate beyond current expectations as a result of Trump's tariffs and the high deportation targets for ICE.
For many wine companies, AI use is still in its infancy but some larger and medium-sized operators are embracing it in production as well as other business areas.
The percentage of American adults who say they consume alcohol has dipped to 54%, according to a new poll from Gallup.
The proposed expansion looks to grow Prag Distillery's bottling capacity six-fold, from 600,000 cases to 3.6m cases per year.
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