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Wednesday 22 October 2014

Spirits

Diageo confident as challenges persist

Diageo CEO Ivan Menezes has told investors to expect an improved performance this year, despite the company reporting a 1.5% decline in organic net sales for its first quarter.

Thursday, October 16th, 2014 No Comments »

Rémy upbeat despite ongoing sales slide

Rémy Cointreau has stood by its prediction of a return to growth this year as the drinks group reported a -5.6% organic sales decline in its first half results.

Thursday, October 16th, 2014 No Comments »

HKTDC readies for wine fair

The Hong Kong Trade and Development Council’s Wine & Spirits fair will take place in Hong Kong next month with new exhibitors and features.

Thursday, October 16th, 2014 No Comments »

LVMH sees wine and spirit growth stall

LVMH has reported a 4% increase to its revenue for the first nine months of 2014, however wine and spirits was its only category not to achieve any growth.

Wednesday, October 15th, 2014 No Comments »

IWSC hails ‘outstanding’ whisky figureheads

The International Wine & Spirit Competition has announced seven shortlisted candidates for this year’s Outstanding Achievement Award in the Scotch Whisky Industry.

Tuesday, October 14th, 2014 No Comments »

Pernod Ricard hits back at tax fine claims

Pernod Ricard has rebuffed claims its Korean arm was fined £5 million by the country’s tax service, stating there were merely “differences of interpretation” in relation to an audit.

Tuesday, October 14th, 2014 No Comments »

Tesco’s Dan Jago suspended

Tesco has suspended three executives – including its director for beer, wine and spirits – as part of an investigation into a £250 million profit overestimation.

Tuesday, October 14th, 2014 2 Comments »

UK enjoys cocktail surge

Younger consumers’ thirst for popular favourites such as the Mojito has driven an increase in UK on-trade cocktail sales of over 10% in the last two years, according to a new report.

Friday, October 10th, 2014 No Comments »

The week in pictures

This week saw London whipped into a cocktail frenzy, David Beckham raise a toast to his new Scotch and three drinks business Global Masters competitions take place.

Friday, October 10th, 2014 No Comments »

Cointreau releases Cognac expression

French liqueur brand Cointreau has unveiled the latest addition to its stable, Cointreau Noir – a blend of orange liqueur and Cognac.

Tuesday, October 7th, 2014 No Comments »

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