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
•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
•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 →
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