China, U.s. To Fuel Remy Cointreau Recovery After Strong Third Quarter

French spirits group Remy Cointreau beat third-quarter sales forecasts on Friday and said it was confident that demand for its premium cognac in China and the United States would fuel a profit recover

 

Luxury Fans In China Chase Neat Shot Of Investment With Vintage Moutai Liquor

As luxury spending rebounds in China, consumers with money to burn have a new habit beyond fancy bags and watches: a taste for collector editions of fiery domestic liquor Moutai, not to drink but to h

 

Banco Bpm Ceo Welcomes Bper’s Merger Overtures

Italy's third-largest bank Banco BPM on Friday welcomed the possibility of a merger with BPER , after the biggest shareholder in its rival threw its weight behind the idea.

 

Exclusive: Pwc Affiliate Quits As Carlsberg India Auditor, Avoids Opinion For 2nd Year

 
The Daily Feed

Receive a daily summary of drinks news.

Brief-ginebra San Miguel Refers To Order Of Denr-pab, Denying Motion For Reconsideration Filed By Unit Of Co

Ginebra San Miguel Inc:

 

Remy Cointreau Looks To Second-half Rebound, Sets New Targets

Remy Cointreau expects a 45-50% fall in mid-year operating profit but a strong recovery in the second half driven by China and the United States, the French spirits company said on Thursday.

 
The Daily Feed

Receive a daily summary of drinks news.

South African Wine Industry On Its Knees As Lockdown Set To Ease

Two years ago, South Africa's first black female winemaker Ntsiki Biyela watched anxiously as the worst drought in a century scorched vineyards across Western Cape.

 

Shares Of Liquor Giant Kweichow Moutai Surge On China Recovery Bets

Kweichow Moutai, the iconic Chinese liquor giant, defied a global slump in alcohol demand by repeatedly hitting closing highs this week, as investors bet on a robust consumption recovery in China amid

 
The Daily Feed

Receive a daily summary of drinks news.

Starbucks To Reopen Uk Drive-thru Locations This Week

Starbucks Corp said on Monday it would begin a phased reopening of all its drive-thru locations and some takeaway-only stores in the United Kingdom as the country eases coronavirus-led restrictions on

 

Campari Braces For Full Impact Of Virus As Aperol Loses Its Fizz

Drinks group Campari warned on Tuesday that it will feel a more severe impact from the coronavirus crisis in coming quarters, after reporting a 5% drop in sales between January and March.

 
 
Website
reuters.com
Rankza
Social Connections