- CNN Business
Big booze maker ditching wine brands as the world drinks less
Pernod Ricard is selling most of its wine brands, as wine consumption is falling globally, and will instead focus on growing its champagne and premium spirits labels, including in the United States.
- Reuters
Pernod Ricard offloads bulk of wine unit to focus on spirits
LONDON (Reuters) -Pernod Ricard said on Wednesday it agreed to sell the majority of its wine portfolio to the owners of Australia's Accolade Wines, disposing of a dragging division to focus on its core business of spirits. The world's No.2 Western spirits maker plans to sell its wine brands from Australia, New Zealand and Spain, including well-known labels like Jacobs Creek, Stoneleigh and Campo Viejo, subject to regulatory approvals. The move will see Pernod hone its portfolio further towards spirits like Absolut Vodka and Martell cognac, especially liquors with a higher price tag.
- Insider Monkey
Best Indian Single Malt Whisky
We recently compiled a list of the 20 Best Indian Whiskies in 2024, and in this article, we will talk about the best Indian single malt whisky in the world. The Rise of Indian Whisky: According to the Confederation of Indian Alcoholic Beverage Companies, Indian single malts finally overtook their imported counterparts and commanded a jaw-dropping […]
