“Our outlook for 2024 is brighter” – Constellation Brands EMEA lead Taco Lucassen on wine, spirits opportunities
Constellation slashed its wine-and-spirits business’ forecasts in January.
26 March 2024
26 March 2024
Constellation slashed its wine-and-spirits business’ forecasts in January.
The IUF is calling on Danone to ensure that there are no forced redundancies in the company.
Four production lines will be transferred from CCEP to Princes’ Bradford facility. Production is set to start this autumn.
American investment group BGC Partners is expected to help fund the new site.
The Queensland-based distiller is in early talks with potential customers for its Nil Desperandum rum brand.
The drinks are available at Waitrose in 250ml cans, with an abv of 5% and at an RRP of £2.50 ($3.15) each.
That Diageo has reopened Port Ellen is unquestionably good news but fragile demand for spirits could lead to other distilleries falling silent, writes Richard Woodard.
The ball started rolling toward a sale of Danone’s assets in Russia in February when Vamin Tatarstan emerged as a potential buyer.
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