Beam Suntory reports ‘flat’ full-year results

Maker’s Mark owner Beam Suntory reported stagnant net sales for 2020, with Jim Beam surpassing 11 million cases for the first time. Beam Suntory, owner of brands such as Courvoisier Cognac and Sipsmith gin, said net sales for its 2020 full year were ‘flat’. The company was hit by the pandemic, which led to lower sales in markets including Spain, India, China, South Africa and global travel retail. Beam Suntory said a rebound in growth…

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Marie Brizard reports ‘resilient’ 2020 results

Paris-based Marie Brizard Wine & Spirits (MBWS) managed to show resilience in its 2020 financial year to deliver an organic sales increase of 2.5%. MBWS saw sales in 2020 reach €168.4 million (US$203.9m), up from €165.4m (US$200.3m) in 2019. This was despite a 1.4% organic sales decrease during the firm’s fourth quarter from 1 October to 31 December 2020. In Western Europe, the Middle East and Africa (WEMEA), MBWS said the firm was ‘resilient’ thanks…

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Constellation sees wine and spirits grow in Q3

Svedka vodka owner Constellation Brands experienced an improved performance for wine and spirits during the third quarter of its 2021 fiscal year. Reported net sales for wine and spirits in the three months ending 30 November 2020 rose 10% to US$760.2 million, up from US$688.8m in the same period in 2019. The firm’s wine and spirits sales decreased by 11% during its second quarter. Overall, reported net sales for the group during the third quarter…

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No.3 Gin sales soar 27% in 2020

Berry Bros & Rudd experienced double-digit growth worldwide for No.3 London Dry Gin in 2020. In the 12 months from 14 December 2019 to 14 December 2020, sales of No.3 Gin rose by 27% globally compared with the previous 12 months. Sales in Germany were particularly buoyant this past year, up 70% year on year. Italy also reported strong double-digit growth with a 45% increase in sales, while the US and the UK both reported…

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United Spirits sales slide 29.7% in H1

Diageo-controlled United Spirits has reported a 29.7% sales decline for the first half of its 2021 fiscal year due to the impact of India’s nationwide lockdown. Reported net sales for the six months to 30 September 2020 fell to Rs 3,176 crore (US$429m), down from RS 4,515 crore (US$610m) during the same period last year. United Spirits’ ‘prestige and above’ segment declined 24.9% during the first half of the year, largely due to a ‘weak…

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