A new report issued by Rabobank, the multinational banking and financial services company, has examined the potential for a looming US recession to shrink the hitherto booming market for luxury brands.
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South African drinks giant Distell has shuttered its premium wine division Libertas Vineyards and Estates after little more than a year.
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Pernod Ricard is banking on another big hurrah for gin growth this festive season, with its on-going popularity and major presence in the UK’s cocktail culture helping to boost growth of premium spirits.
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Spanish wine group ARAEX Grands has unveiled a €300 Rioja from Alavesa in a move to create an iconic wine from the sub-region.
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Pernod Ricard UK is further expanding the top end of its gin portfolio with leading Canadian brand Ungava.
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Maxxium UK, the UK’s sales and distribution arm of global companies Beam Suntory and Edrington has undergone an enormous period of change since 2009, when the head office of its global brand owners – then a mix of Edrington, Beam, Rémy Cointreau and former Absolut owner VMS – folded.
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