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Archive for August, 2015

Product Launch – Tiziano’s Sparkling Rosato

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Tiziano has launched a sparkling rosé to capitalise on the growing sales of rose and Prosecco in the US. Read more

India leapfrogs France to become Pernod Ricard’s third largest market

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India has overtaken France to become Pernod Ricard's third largest market. Read more

Absolut Drags Pernod’s Full-Year Results

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Pernod Ricard finished out a tough year in June, revealing that global net profit dropped 15% to $973 million. Sales in the US were flat as growth from its smaller brands could not offset losses from Absolut. Read more

Absolut Writedown Hurts Pernod’s Profits, But Company Carves Out 2% Sales Growth

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Pernod Ricard achieved 2% organic sales growth in its recently ended fiscal year (positive currency exchange impact pushed reported sales to +8%), but its flagship Absolut vodka brand is weighing down the French drinks giant. Pernod’s net profit fell 15% … Continue reading

The post Absolut Writedown Hurts Pernod’s Profits, But Company Carves Out 2% Sales Growth appeared first on Shanken News Daily. Read more


News Briefs for August 27, 2015

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•Bacardi Ltd.’s John Dewar & Sons unit has unveiled a new single malt Scotch range produced at its Royal Brackla distillery in Nairn, Scotland. The new offerings include 12-year-old, 16-year-old and 21-year-old Royal Brackla expressions, each of which are 40% … Continue reading

The post News Briefs for August 27, 2015 appeared first on Shanken News Daily. Read more


Craft Brewing and Distilling News for August 27, 2015

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•San Francisco craft brewer 21st Amendment is launching Toaster Pastry, an India-style red ale. The release follows the opening of the company’s new 95,000-square-foot brewery in San Leandro. The taste profile of Toaster Pastry (7.6% abv), the first of several … Continue reading

The post Craft Brewing and Distilling News for August 27, 2015 appeared first on Shanken News Daily. Read more


Pernod Ricard’s FY Performance by Region, Brand – Focus

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Earlier today, Pernod Ricard reported operating profits within its guidance for fiscal-2015, although the Absolut brand was hit by an impairment charge in the period. Here's a closer look at the Paris-headquartered company's performance in the 12 month... Read more

E&J Gallo lines up Talbott Vineyards buy

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E&J Gallo is to buy Talbott Vineyards, in California's Santa Lucia Highlands, for an undisclosed sum. Read more

Sustainability in Drinks – Investors put pressure on drinks companies’ water use

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World Water Week is an opportunity for companies to convene with other stakeholders to discuss the importance of water stewardship, and also to draw attention to their own initiatives, as Nestle has done. Read more

Absolut charge hits profits, but Pernod Ricard “in line” in fiscal-2015

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Pernod Ricard has reported operating profits within its guidance for fiscal-2015, although the Absolut brand was hit by an impairment charge in the period. Read more