Pernod Ricard fears the U.S. slump will last for years
The downturn in the spirits market in the United States and China is hitting Pernod Ricard hard. Revenue fell by 14.2% last fiscal year, and net income dropped by as much as 26%…
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Suntory Appoints Manuel Cabañas As SVP And Chief Supply Chain Officer
Suntory Global Spirits has appointed Manuel Cabañas as its new senior vice president and chief supply chain officer, effective 4 September.
Lidl leads Irish grocery growth as sales jump 10.3%
Lidl emerged as Ireland’s fastest-growing major grocer as its sales climbed 10.3 per cent over the latest 12 weeks, new Worldpanel data revealed. The discounter held a 14.8 per…
Sazerac buys shuttered Kentucky distillery to boost spirits production
The Buffalo Trace owner has invested heavily in existing facilities within the state, but acknowledged it wasn’t enough to keep up with demand.
Lidl Fastest-Growing Irish Retailer As Grocery Sales Rise 5.8% - Worldpanel
Lidl emerged as Ireland's fastest growing retailer in the latest 12 weeks, with 10.3% growth compared to last year, according to Worldpanel.
Bubs manufacturer wants to buy Dutch candy maker as Swedish candy goes viral
The Swedish company Orkla Snacks wants to acquire The European Candy Group. By acquiring this Dutch candy manufacturer, Orkla will gain additional production capacity, now that…
Compoveda Tequila unveils luxury holiday collection
Compoveda Tequila introduced a new collection of personalized holiday offerings designed to create memorable gifting moments for discerning spirits enthusiasts
Sazerac enters fast-growing soju market
Dalho capitalizes on increased demand for the Korean spirit, which is seeing growth from younger drinkers.
Parfetts refurbs and relaunches the first ever Go Local store
Spring Gardens has added food-to-go, an additional chiller and a rear-illuminated spirits display
Nestlé reviews options for NZ supplements arm
Nestlé has begun a “strategic review” of New Zealand supplement company The Better Health Company and its GO Healthy brand, four years after acquiring the business. The post…
RedPop® Brings The ‘Snack Me’ Spirit To The Summer
From its collaboration with Supergirl to its digital campaign, RedPop® brings its rebellious spirit to the world of snacking.
Frasers has not (yet) succeeded in acquiring Hugo Boss
The British retail giant Frasers Group, which recently acquired the department store chain Harvey Nichols, now holds a stake of just under 48% in Hugo Boss. However, its attempt…