Pernod Ricard is also focusing on premiumization, which we think will be a long-term tailwind to both revenue and margins. This involved shedding noncore assets such as strategic wines, while ...

Threat of tariffs adds uncertainty to brands like Casamigos and Patrón, which are struggling to retain drinkers.

Sean 'Diddy' Combs is currently in jail at the Metropolitan Detention Center in Brooklyn, awaiting his criminal trial.

For ages, the industry has been talking about young people not drinking as much wine. The giant trade shows have upped their spirits games accordingly, with new halls dedicated the likes of vodka, gin ...

The liquor group lowered its expectations for its fiscal year, citing trade tensions and other uncertainties that continue to ...

Private equity group TPG is considering a collaboration with Inbrew Beverages to acquire the whiskey brand Imperial Blue from ...

Pernod, whose brands include Martell and Absolut vodka, said sales will decline by a low-single digit percentage in 2025.

In addition to scotch distilleries and whiskies like Lagavulin, Talisker, Dalwhinnie, and Oban, Diageo owns major tequila brands Casamigos and Don Julio, flavored rum brand Captain Morgan, Canadian ...

George Clooney's Casamigos, once the darling of the booming celebrity-owned tequila market, has had a tough couple of years ...

Pernod Ricard and Carlsberg warned on Thursday they see few signs of a pick-up in consumer demand in China, the world's second-biggest economy, adding to a gloomy outlook for 2025 as executives try to ...

A worsening context in China and the economic and geopolitical uncertainties that are hampering the spirits market mean Pernod Ricard no longer expects sales to return to growth in the year to June.