Jameson Irish whiskey owner Pernod Ricard experienced a 64% decline in global travel retail sales during the first quarter of its 2021 fiscal year as passenger numbers remain significantly down. Despite the hit on global travel retail (GTR) sales, Pernod Ricard alson noted the ‘positive impact’ of opening Hainan island, China, to duty free spirits sales. Overall, Pernod Ricard’s Q1 2021 sales were down 6% compared to the previous year’s quarter. However, the company said
Like all other drinks firms, Spain’s Zamora Company has been thrown by the coronavirus pandemic. But CEO Emilio Restoy is sanguine about the effects of the Covid-19 lockdowns on his bottom line, and has been using the experience to make sure his outfit is agile enough to capitalise on new trends. *This feature was originally published in the August 2020 issue of The Spirits Business “There’s before March and there’s after March – and it’s
Simon Hunt has decided to step down as CEO of William Grant & Sons after almost five years in the role. Hunt took over as CEO following the departure of Stella David in 2016. He will provide a short period of handover, but as of yesterday (22 October), William Grant’s chief financial officer Giles Wilson has taken on Hunt’s responsibilities. William Grant & Sons, which owns Glenfiddich Scotch whisky and Hendrick’s gin, said a new
Renato ‘Tato’ Giovannoni has won the Altos Bartenders’ Bartender Award 2020 after building up an iconic reputation among his peers. Go to Source Author: {authorlink}
Captain Morgan has announced a new flavor innovation for this fall season. Sliced Apple Spiced Rum takes Captain Morgan’s signature Original Spiced Rum and fuses it with the “juicy and crisp taste” of freshly sliced apples, the company says, with a subtle hint of ginger. In support of this new product, the company has partnered with five artists in cities across the U.S. to design murals in the communities they call home—New York City, Los Angeles, Miami, Austin and Atlanta—that