New data from the IWSR has found that monthlong abstinence is becoming less popular among Gen Z drinkers in multiple parts of…
New data from the IWSR has found that monthlong abstinence is becoming less popular among Gen Z drinkers in multiple parts of…
As consumers try to balance luxury with tightening budgets and a desire for sustainable purchasing, Christmas is getting complicated. Lizzy O’Riordan considers the biggest priorities for this year’s festive season Experiences Experience-based gifts continue to thrive. Often environmentally friendly, personalised and ideal for the new generation of knowledge-craving consumers, retailers should tap into the experience trend. For some retailers, such as…
Carlsberg Group has seen both volume and revenue growth in its third quarter of the year. According to the group, reported revenue growth was up 17.8%, while reported volume growth was up 16.2%. The categories of growth included premium beer, which (excluding San Miguel) increased by 5%, and soft drinks, which increased in volume by 4%. Alcohol-free brews saw…
Pernod Ricard reported a slow start to FY26, stemming from issues in China and the U.S. According to the company, organic net sales were down 7.6%, while reported sales declined by 14.3%. Across the Americas, sales fell by 12%, with growth in Canada but a steep 16% decline in the U.S. Explaining the downturn, Pernod Ricard said that the…
UK households are striving to be healthier, leading to a drop in BWS sales but growth in low & no sales, according to NIQ data released today. The consumer intelligence firm found that sales for beer, wine and spirits were the weakest of any supermarket supercategory in the four weeks ending 4 October. Within this, unit sales declined by 2.6% and value…
Despite global headwinds for spirits, Spiribam – the family group based in Martinique – is bucking the trend. CEO Gregoire Gueden tells Drinks Retailing how the Caribbean rum portfolio is driving growth in key markets, leaning on Mangrove Global in the UK, and why he believes the industry’s current turbulence is only temporary. There’s a lot of debate around just how…
Chivas Brothers, the Pernod Ricard business dedicated to Scotch whisky, has announced that net sales are down by 3.4%. The business said this reflects continued global economic and geopolitical headwinds in the whisky category. Two brands under Chivas Brothers, however, did see growth. Chivas Regal experienced value growth of 2.3% compared to FY24, and Ballantine’s grew by 0.2%…
In its latest financial report, Pernod Ricard reported a drop in sales across Europe, the Americas and Asia-ROW, with organic net sales down by 3%. Within this, the Americas were down by 3%. Sales in the USA dropped by 6%, which the company said was due to subdued consumer confidence and economic moderation. Prolonged tariff uncertainty also impacted distributor inventory…