News Briefs for July 28, 2025
•Napa Valley-based Shafer Vineyards has appointed Christopher Avery as CEO. Continue reading →
Posted in News on July 28, 2025Cognac Weighs Down Moët Hennessy Sales In First Half
Tough conditions in the Cognac category continue to weigh on sales for Moët Hennessy, as the luxury drinks giant posted first-half revenues down 7% organically to €2.6 billion ($3b) and profit from recurring operations down 33% to €524 million ($617m). Continue reading →
Posted in News on July 25, 2025Rémy Cointreau Sees Sharp U.S. Rebound On Favorable Comps
While conditions in Cognac remain challenging, Rémy Cointreau reported fiscal first quarter sales up 5.7% on an organic basis to €221 million ($259m). Continue reading →
Posted in News on July 25, 2025Pernod Offloads Two Irish Whiskies, India’s Imperial Blue
Pernod Ricard has divested whiskey brands from Ireland and India as it looks to dispose of non-core assets. Continue reading →
Posted in News on July 25, 2025News Briefs for July 25, 2025
•Kentucky’s Bardstown Bourbon Company has kicked off “Nowhere We Won’t Go,” a new brand campaign running across video, digital, social, and out-of-home channels. Continue reading →
Posted in News on July 25, 2025Proximo Sees “Sustained Category Momentum” In Tequila
Proximo Spirits parent Grupo Cuervo says broad momentum in the Tequila category is continuing this year, even as trade tensions and heightened competition make for a challenging market. Continue reading →
Posted in News on July 24, 2025