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CAMPARI GROUP
European shares steady as earnings season takes focus; Italy's Campari slidesEuropean stocks traded steady on Monday as a fresh wave of corporate earnings rolled in, including reports from LNG company GTT and Dutch f...- AlchoBev industry expects up to 20 pc growth in Dec quarter riding on bullish festive salesThe Indian alcoholic beverage industry is experiencing a significant boom. Sales are projected to rise by 20 percent from October to Decemb...
- No direct GST high for liquor makers, but second-order kick packs quite a punch, says Campari's MisraThe convergence of tax clarity, trade liberalisation and structural corrections like the ENA exemption is enabling a smoother, more transpa...
- Donald Trump tariffs effect: HONDA, Hyundai, LG, Samsung, VOLKSWAGEN, Volvo and others eyeing setting up business in USA to tackle duties, claim reports. Full list is hereDonald Trump has issued a flurry of tariffs in an effort to rewire the global economy.
- Trump's tariffs set to drive up bar bills and cut booze jobsUS President Donald Trump's tariffs will lead to higher prices for drinks, job losses, and the disappearance of numerous imported brands fr...
- Trump's promised tariffs likely to hit global companies from Audi and BMW to Foxconn and LGPresident Trump intends to impose 25% tariffs on Canada and Mexico, impacting several Asian automakers and battery firms. This move affects...
- Liquor sales expected to surge beyond Diwali 2024 in key statesLiquor sales surged in October fueled by festive occasions and gifting trends, with states like West Bengal, Delhi, and Telangana reporting...
- Wine, spirits importers urge states for inflation-linked pricing policy as margins shrinkThe International Spirits & Wines Association of India (ISWAI) is advocating for an inflation-based pricing model for alcoholic beverages, ...
- Cow burps, food waste to take spotlight at COP28 agriculture dayClimate advocacy groups are pushing world governments at the COP28 climate conference in Dubai to commit to cutting global food sector emis...
- High taxation rates crippling liquor trade: ISWAI"The Indian alcobev industry is in deep crisis due to inflation on one hand and high taxation rates. In this context, it is needed to decre...
- Drinks makers target high-end spirits for post-pandemic growthPernod Ricard, which makes Martell cognac, over the past two years has invested in a number of "super‐premium" and "ultra‐premium brands," ...
- Meat producer JBS says expects most plants working Wednesday after cyberattackBrazil's JBS SA, however, said late Tuesday that it had made "significant progress" in dealing with the cyberattack and expects the "vast m...
- How a decade of drinking changed the future of boozeThe 2010s saw many ill advised drinking trends, ones the average bar denizen will be happy to see the back of. Still, several are poised to...
- Are craft distillers adding bugs to your Negroni?The Negroni is an iconic Italian apéritif: equal parts gin, sweet vermouth, and Campari, served on the rocks and garnished with an orange p...
- Philippines' Emperador to buy Whyte & Mackay for $726 millionUnited Spirits Ltd agreed to sell its Whyte & Mackay spirits business to Philippines-based brandy maker Emperador Inc for $726 million.
- Philippines' Emperador all set to buy Whyte & Mackay spirits businessThe acquisition will allow Alliance Global’s distillery arm Emperador Inc to gain a global portfolio of scotch whiskey, malt and grain dist...
- Over 20 entities enter race for United Spirits’s Whyte and Mackay businessUnited Spirits’ sale process of Whyte and Mackay has enticed bids from over 20 companies, including global liquor majors and private equity...
- Decision on Diageo- United Spirits deal expected soon from British Fair Trade officeThe verdict will be critical as it would decide the fate of the Whyte & Mackay brand, which Mallya had purchased in 2007 for $1 billion.
- Whyte & Mackay may be put on block to smoothen Diageo dealAnalysts say that several industry players such as Italy's Gruppo Campari, Bacardi and Japanese firm Suntory would want to gulp up Whyte & ...
- Skyy Spirits: Looking beyond infused vodkaWhen flavored vodkas emerged as Skyy Spirits' second-biggest moneymaker, Chief Executive Officer Gerry Ruvo made a surprise decision: He ki...
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