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Liquor industry hit by unexpected setback: Pre-festive demand below projections
United Spirits, the largest liquor company in India, has reported lower-than-expected demand momentum in the current quarter. However, the company anticipates a recovery driven...
United Spirits profits soar by 14.2% in Q2 boosted by high-end alcohol demand
On Wednesday, United Spirits, the producer of Smirnoff vodka, announced a 14.2% increase in second-quarter profits. This surge was driven by robust demand for...
Diageo breaks new ground with the release of alcohol-free Captain Morgan Spiced Gold rum
Diageo has introduced a non-alcoholic option for its Captain Morgan Spiced Gold rum, marking the inaugural addition of a dark spirit to the company's...
Diageo’s premium liquor brands drive strong growth, surpassing full-year earnings estimates
On Tuesday, Diageo, the producer of Tanqueray gin, managed to surpass full-year earnings estimates by a narrow margin. This success was attributed to the...
India’s scotch whisky sales soar, doubling in two years, fueled by millennial demand and premiumization
Scotch sales in India have witnessed a remarkable surge, nearly doubling over the course of the past two years. This substantial growth can be...
Leading spirits manufacturer Diageo India bullish on Indian market, calls for inflation-indexed price hike and tax reforms
Diageo India, a leading spirits manufacturer, has expressed optimism regarding the opportunities in the Indian market. They strongly advocate for implementing an inflation-indexed price...