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Pernod Ricard and Trinchero in Definitive Agreement for the Sale of Mumm Napa Sparkling Wines
Businesswire· 2025-12-16 18:18
PARIS--(BUSINESS WIRE)--Regulatory News: This transaction, which does not include any assets related to the G.H. Mumm Champagne brand or other international Mumm sparkling wines activities, will enable Pernod Ricard to continue focusing its resources on its portfolio of premium international spirits and champagne brands, in line with its premiumisation strategy. It reflects Pernod Ricard's continuous assessment of its strategic opportunities and active portfolio management, in line with its longstanding pol ...
Pernod Ricard and Trinchero in Definitive Agreement for the Sale of Mumm Napa Sparkling Wines
Businesswire· 2025-12-16 18:18
Trinchero is a family-owned wine and spirits company, deeply rooted in the Napa Valley for over 75 years. By adding Mumm Napa to its portfolio, Trinchero will accelerate growth in a high-potential category while expanding its premium portfolio and strengthen its position as one of the top U.S. wine suppliers. With this agreement, Trinchero will assume ownership of the Mumm Napa destination winery and its sparkling wine production facilities located in Rutherford, Napa Valley. This transaction, which does no ...
Strikes planned at LVMH's drinks division starting on Friday - CGT union
Reuters· 2025-12-04 06:03
Core Insights - Workers at LVMH's wines and spirits division Moet Hennessy are planning strikes to protest against reduced annual bonuses, indicating rising dissatisfaction within the company [1] Group 1 - The planned strikes are set to begin on Friday, highlighting immediate action from employees [1] - The protests are a response to a cut in annual bonuses, suggesting financial grievances among the workforce [1] - The situation reflects broader discontent in a business environment where profits have declined [1]
双11酒水捷报频传,为何抖音要出手“掀桌”?
Xin Lang Cai Jing· 2025-11-17 03:42
Core Viewpoint - The article discusses the recent crackdown by Douyin (TikTok) on low-price competition in the liquor market, initiated by a special governance announcement aimed at addressing false marketing and counterfeit sales, which has raised concerns among merchants and consumers alike [1][5][19]. Group 1: Douyin's Governance Actions - Douyin has reported handling over 2,000 violations and 690 merchants in the past three months related to liquor sales [5][8]. - The platform's recent announcement specifically targets malicious marketing practices, particularly concerning "overseas version" liquor products, which have led to numerous consumer complaints [5][19]. - The crackdown on low prices is seen as a shift from previous strategies that primarily focused on counterfeit goods, now categorizing "abnormal pricing" as a potential risk signal [11][19]. Group 2: Market Dynamics and Price Competition - During the Double 11 shopping festival, liquor sales on platforms like JD.com and Meituan saw significant growth, with JD's self-operated liquor sales increasing by 35% year-on-year [12][16]. - The ongoing price war in the liquor market is driven by structural contradictions within the e-commerce channels, where unauthorized sellers often resort to selling below cost to quickly recover funds [16][19]. - Major liquor brands, including Moutai and Wuliangye, have begun to publicly establish authorized sales channels to combat the negative effects of chaotic pricing [16][19]. Group 3: Future Implications for E-commerce Platforms - The article suggests that Douyin's actions may indicate a shift towards a business model that prioritizes trust and brand value over mere traffic and low prices [20][26]. - There is a growing trend of liquor companies collaborating with e-commerce platforms to create customized products and enhance their digital presence, indicating a more balanced relationship between brands and platforms [21][22]. - The challenge remains for e-commerce platforms to balance the interests of liquor companies, merchants, and consumers while ensuring a sustainable and healthy market environment [26].
Marie Brizard Wine & Spirits Monthly Declaration of the Total Number of Voting Rights and Shares
Globenewswire· 2025-11-05 17:12
Core Points - The total number of shares comprising the share capital of Marie Brizard Wine & Spirits as of October 31, 2025, is 111,989,823 [1] - The total number of voting rights is reported as 194,044,691 [1] - The number of exercisable voting rights, after deduction of treasury shares, is 193,914,150 [1][3] - The company's by-laws include a clause requiring disclosure of crossing any statutory thresholds in addition to legal thresholds [1]
Anora targets “above-market” growth
Yahoo Finance· 2025-11-05 13:43
Core Insights - Anora aims to "cut complexity" and focus on "core brands" to achieve faster growth than the market [1][3] - The company has set mid-term targets to increase organic sales at a rate exceeding the wider market [2] Financial Targets - Anora's new targets include a 6-7% annual increase in "comparable EBITDA," aiming for €85-90 million ($97.6-103.3 million) by the end of 2028 [4] - The company plans to achieve approximately €20 million in gross EBITDA savings during 2025 and 2026 through improved procurement, organizational streamlining, and operational efficiency [4] Strategic Initiatives - Recent job cuts are part of Anora's strategy to enhance profitability and efficiency, following previous layoffs in 2024 [5] - The company will implement "structural initiatives" to improve profits and competitiveness, including supply chain optimization and portfolio adjustments, potentially unlocking an additional €20 million in EBITDA by 2028 [5] Growth Opportunities - Anora believes it can increase EBITDA by an additional €10 million through growth in core brands, selective new channels, and disciplined international expansion [6] - The company recognizes the need to expand its range of low and no-alcoholic beverages, invest in innovations, and shift towards sustainable packaging solutions [6]
工行河池分行:奋楫笃行 做深做实科技金融大文章
Zhong Guo Jin Rong Xin Xi Wang· 2025-11-05 08:40
Core Viewpoint - The Industrial and Commercial Bank of China (ICBC) Hechi Branch is committed to supporting technological self-reliance and high-quality local economic development by enhancing financial services for technological innovation, thereby injecting continuous financial momentum into regional economic transformation and upgrading [1][2]. Group 1: Financial Support for Technological Innovation - As of September 2025, the bank's technology finance loans increased by 192 million yuan, representing a growth of 36.64% compared to the beginning of the year [1]. - The bank actively collaborates with local government departments to understand regional industrial development directions and priorities, establishing a clear service roadmap for targeted financial support [1]. Group 2: Addressing Challenges and Optimizing Services - The bank identified a funding circulation issue faced by a local liquor company, which required a tailored medium to long-term financing solution, resulting in a total of 64 million yuan in loans to support the company's industrial upgrade [2]. - A green channel for technology finance services has been established to simplify approval processes and enhance efficiency, ensuring rapid funding support for technology enterprises [2]. - The bank offers comprehensive financial service solutions that integrate financing and intelligence, aiming to enhance the value of enterprises within the regional innovation ecosystem [2].
Andrew Peller Limited Announces Third Quarter Fiscal 2026 Dividend
Globenewswire· 2025-11-04 20:04
Core Points - Andrew Peller Limited has announced a quarterly common share dividend of $0.0615 per Class A Share and $0.0535 per Class B Share, to be paid on January 9, 2026, to shareholders of record on December 31, 2025 [1] - The company has a long history of paying common share dividends since 1979 and currently designates all dividends as "eligible dividends" under the Income Tax Act (Canada) [1] Company Overview - Andrew Peller Limited is a leading producer and marketer of quality wines and craft spirits in Canada, with a portfolio of premium and ultra-premium brands including Peller Estates, Trius, and Wayne Gretzky [2] - The company operates 101 independent retail locations in Ontario under various store names and also imports premium wines from around the world through its subsidiaries [2] - Andrew Peller Limited focuses on serving all wine consumers and produces premium personal winemaking products through its subsidiary, Global Vintners Inc. [2]
Diamond Estates Wines & Spirits Inc. (DWS:CA) Shareholder/Analyst Call - Slideshow (TSXV:DWS:CA) 2025-10-30
Seeking Alpha· 2025-10-30 18:04
Group 1 - The article does not provide any specific content related to a company or industry [1]
Marie Brizard sales struggles continue
Yahoo Finance· 2025-10-24 13:45
Core Viewpoint - Marie Brizard Wine and Spirits is experiencing significant sales declines, particularly in its home market of France, prompting the company to seek cost-cutting measures and explore growth opportunities [1][2][4]. Sales Performance - The company reported a 10.8% decline in third-quarter sales, totaling €40.9 million ($47.5 million) [1]. - Sales in France fell by 23.4%, largely due to delistings of the Scotch whisky brand William Peel [1]. - For the first nine months of 2025, overall sales decreased by 9.5% to €127.5 million, with a 19.3% drop in France and a 1.7% decline outside France [2]. Business Strategy - Marie Brizard is focusing on cost reduction and productivity improvements to enhance profitability [3]. - The company aims to diversify its offerings through its industrial-services division and agency brand distribution, which are showing growth potential [3]. - The group is actively pursuing both organic and external growth opportunities amid ongoing market consolidation in the wine and spirits sector [4].