Diageo announces new CFO
Diageo has announced that Nik Jhangiani will join the company as chief financial officer (CFO) in autumn 2024, also joining Diageo’s board and executive committee.
Bill Gates buys stake in Heineken
The billionaire founder of Microsoft has bought a 3.76% stake in Dutch drinks giant Heineken Holding NV, although Gates has previously said he was “not a big beer drinker”.
Pernod Ricard reports strong H1 growth
Surging demand for premium spirits powered Pernod Ricard’s 17% year-on-year sales growth in the six months to December 31, 2021.
Sustainability: No more excuses
COP26 littered newspaper headlines throughout November. The focus was supposed to be on resolving the climate change crisis, but predictably turned into a game of political chess. In the absence of any authoritative leadership, our industry needs to set an example.
We caught up with Katie Souter of Vin-X to learn more about why fine wine could make an appealing investment opportunity during the current economic climate.
Naked Wines announced that chief financial officer James Crawford will take over as managing director of its UK business when it delivered its full-year results this morning. We caught up with him to learn more about his plans for the business, the opportunities ahead and the challenges that must be overcome.
Rémy Cointreau has reported a sales decline of 9% for the 2019/20 financial year as a result of a significant slump in Q4.
La Martiniquaise finalises QFS deal
French spirits group La Martiniquaise has finalised negotiations to take over Quartier Français Spiritueux. The financial details of the acquisition have not been disclosed. La Martiniquaise first announced their intention to acquire the company in early 2011.
Pernod posts 7% sales growth
Pernod Ricard has posted annual organic sales growth of 7% to achieve a turnover of €7.6b.
Foster's appoints CFO
Foster's Group has appointed Anthony Reeves to the role of chief financial officer (CFO), on a fixed term contract, effective from Monday 8 November 2010.
Foster's Group to separate beer and wine
Foster’s Group plans to create separate stock exchange listings for its beer and wine divisions.