Campari Appoints Industry Veteran Hunt as New Chief to Drive U.S. Expansion
In a significant leadership transition, Campari Group has officially announced the appointment of industry veteran Matt Hunt as its new chief executive officer. This strategic move is aimed squarely at bolstering the company's expansion efforts in the highly competitive U.S. market.
Continue readingPernod Ricard Transfers Nordic Spirits Brands to Royal Unibrew in Strategic Shift
In a substantial move within the beverage industry, Pernod Ricard, the global spirits giant, has announced the sale of several of its local Nordic spirits brands to the Danish brewing company Royal Unibrew. This transaction marks a significant strategic shift for Pernod Ricard as it refocuses its portfolio on more lucrative markets and brands while also streamlining its operations in the Nordic region.
Continue readingChina Imposes New Tariffs on European Brandy Amid Escalating Trade Tensions
In a significant move reflecting deteriorating trade relations, China has announced the imposition of tariffs on European brandy imports. The new levy, officially confirmed on October 8, 2024, is predicted to create considerable ripples across the global spirits market.
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