Campari expects Middle East-linked inflation to tighten consumer spending and weigh on spirits demand, a Reuters report quotes CEO Simon Hunt saying after the company’s results. But Hunt argues Campari’s price positioning should still make its brands feel like good value, helping consumers stick with the company even as budgets get strained.
Pernod Ricard SA, known for Absolut vodka and Chivas Regal whisky, has started preparations for a potential initial public offering of its Indian business, according to people familiar with the matter. The company’s next steps and timing are not yet clear, but the move signals renewed appetite for valuing and funding growth in India’s spirits market.
Your news, in seconds
Get the Beige app — every story in 60 words, updated hourly. Free on iOS & Android.
Swipe through stories, personalise your feed, and save articles for later — all on the app.
