Delegat Group cuts 2025 profit guidance due to US tariff impact
New Zealand-based wine producer Delegat Group has lowered its forecast for annual profits, pointing to the impact of US tariffs…
Trump Tariffs
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PepsiCo lowers 2025 earnings forecast
PepsiCo today (24 April) cut its forecast for its core earnings in 2025, citing the impact of tariffs and increased…
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How brands can win in the US ‘vibecession’
The average US consumer is feeling financially stretched, squeezed and uncertain. In a word – they’re beleaguered. The economic optimism…
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Trump tariffs: World trade “fragmenting into blocks”
Catalysed by the sweeping tariffs agenda being implemented by President Donald Trump's administration in the US, the era of “easy…
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Pernod Ricard not expecting near-term US tariffs impact but China to weigh on FY results
Pernod Ricard is not expecting to see an immediate hit from US tariffs, with China still expected to weigh on…
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Weak Cognac demand weighs on LVMH’s wine-and-spirits division
LVMH’s wine-and-spirits division saw its first-quarter sales decline due to weak demand for Cognac in both the US and China.…
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Bourbon, wine excluded as EU issues counter-tariffs on US
The European Commission has received the green light from EU member states to bring tariffs on US imports into play…
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Suntory ‘to focus on local sales in response to tariffs’
Japanese drinks heavyweight Suntory Holdings is reportedly looking to produce and sell its spirits locally to protect the business against…
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EU vintners will struggle to offset sales hit from US tariffs, trade body says
The head of EU wine trade body Comité Européen des Entreprises Vins (CEEV) has warned winemakers will struggle to "reabsorb"…
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Quote, unquote: drinks industry reaction to Trump tariff announcement
President Trump has set out a range of new tariffs on imports into the US, arguing the moves will strengthen…
