Daily Archive: October 17, 2024
Pernod’s U.S. Sales Dip 10% In First Quarter, As Destocking Continues
Pernod Ricard reported sales down 5.9% on an organic basis to €2.8 billion ($3b) for its fiscal first quarter ending in September, citing significant declines in the U.S. and China with foreign exchange impacts also contributing to the challenging conditions. Continue reading →
Posted in News on October 17, 2024Treasury Sees Strong Start To New Fiscal Year
Updating the market ahead of its annual general meeting, Treasury Wine Estates executives said today that the company has seen a strong start to its fiscal year ending next June, with first-quarter net sales increasing by double-digits on an organic basis, boosted partially by shipment phasing.
Bacardi Wins Round In Havana Club Battle
Bacardi has won the latest round in its ongoing battle with Pernod Ricard over the U.S. trademark for the Havana Club rum brand. Continue reading →
Posted in News on October 17, 2024News Briefs for October 17, 2024
•Rosé label Hampton Water from Jon Bon Jovi and his son Jesse Bongiovi has expanded, adding a new sparkling wine sourced from the south of France. Continue reading →
