Moonshine Meadery, the first meadery in Asia and India, has recently announced its plans to expand to Gurugram, Haryana, marking its further expansion within the country. The company aims to offer its range of flavorful meads to the mead enthusiasts in the state. Moonshine Meadery’s meads have already been available in city wine shops since…
India’s United Breweries Ltd (UBBW.NS) reported a 94.03% slide in fourth-quarter profit on Thursday, hurt by higher raw material costs. The liquor maker, partly owned by the Dutch brewer Heineken (HEIN.AS), said its standalone profit fell to 97.3 million rupees ($1.19 million) in the three months ended March 31, from 1.63 billion rupees a year earlier. Total expenses…
Globus Spirits Limited, a leading liquor manufacturer in India, recently launched its premium vodka brand, SNOSKI, in Uttar Pradesh. The launch event was held at FL 2’s of Noida, Lucknow, and Kanpur. SNOSKI is a highly unique vodka crafted from alcohol distilled from the finest winter grains grown in the verdant environments of the Himalayan…
Pernod Ricard’s (PERP.PA) managing director for India Paul-Robert Bouhier has resigned from his position, three sources told Reuters on Wednesday, a top departure for the company as it faces a series of regulatory challenges in the country. Bouhier, who only took over the India job in January, has resigned due to personal reasons, one of…
Karan Taurani, Senior Vice President & Research Analyst, Elara Capital, says, Pernod Ricard was the market leader in Delhi. Pernod has got close to 33% market share in the prestige segment. In the total whisky volume cases, their market share is somewhere close to 17-18%. In Delhi, their market share would be somewhere close to…
IMFL manufacturer Tilak Nagar Industries has agreed to buy 10 per cent stake for Rs. 9.75 crore in Spaceman Spirits Lab Private Limited (SSLPL). The investment is supposed to happen in two tranches via combination of Equity shares and Compulsory Convertible Preference shares (CCPS), read a BSE filing. Started in 2020, SSLPL is engaged in the…
Highlights- Menezes is retiring in June after a decade at the helm Crew will become one of UK’s highest profile female executives Diageo, one of the biggest largest alcoholic drinks companies, has got its first female CEO. The company, which makes Guinness beer and Johnnie Walker whisky, has announced that its Chief Operating Officer Debra…
With lockdown restrictions out of the way, the appetite for on-ground experiences has been increasingly rising amid music lovers who are on the lookout for in-person experiences that allow them to engage more intimately. As a result, this has emerged as a sweet spot for players in the alco-bev category who are subjected to various…
Pernod Ricard India (PRI), a global leader in the wine and spirit industry, celebrated the milestone of being a gender-equitable organization with more than 40 per cent women representation in its leadership. Accelerating the realization of the organisation’s diversity goals for 2030, the company has enhanced its recruitment processes, introduced multiple interventions and programs across…
Nashik, Maharashtra, India: Pernod Ricard India (PRI), global leader in the wine and spirit industry, unveiled its first-ever innovation center in Nashik, India. In line with the company’s strategy to accelerate transformational innovation and strengthen its portfolio offerings, the innovation center will enable cutting-edge research and incubation for dynamic trend-setting product, pack, and process innovations….