Wine sales in North America stronger than expected
Demand for wine in North America may not be as fragile as it is being portrayed according to new figures. Ron Emler reports.
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Demand for wine in North America may not be as fragile as it is being portrayed according to new figures. Ron Emler reports.
Diageo is doing something rare among top companies, changing its entire guiding triumvirate within a short time span. Ron Emler reports.
As predicted in its November profits warning, Diageo’s results for the six months to the end of December were poor.
Last year was a record one for luxury goods group Moët Hennessy Louis Vuitton (LVMH) although the pace of sales growth slowed from 2022.
Investors in drinks sector companies will not look back on 2023 with much affection, though shares look likely to recover in 2024, says Ron Emler.