Karen Gilchrist reveals a cocktail of challenges for global spirit makers, as tariffs and brand boycotts threaten their business strategies. Major companies face financial setbacks amid shifting consumer preferences towards lower-cost and no-alcohol options. While some analysts argue the downturn is cyclical, many suspect a structural change in consumption habits is underway. Discover more about these industry shifts and their implications: https://www.cnbc.com/2025/06/07/diageo-pernod-remy-global-spirit-makers-face-cocktail-of-challenges.html #SpiritsIndustry #Tariffs #Cognac #EconomicChallenges #Premiumization #SoberCurious #ConsumerTrends. Kudos to Gilchrist for this insightful piece!

Verluste in den USA, Umsatzrückgang „wie erwartet“ in Europa: Der weltgrößte Bootsbauer Beneteau gibt sich unbeirrt – und setzt auf Luxus.
#Beneteau #FourWinns #Premiumization #Wellcraft

https://floatmagazin.de/leute/beneteau-beisst-die-baisse/

The #retail #market in #China is projected to expand by USD 1192.7 billion between 2024 and 2028, growing at a compound annual #growth rate (#CAGR) of nearly 8.09%. This surge is fueled by the #premiumization of #products and a shift towards #online and #omni-channel #trade. However, challenges such as rampant #counterfeiting in the #premium #segment persist. Key players in this market include #Alibaba, #JD.com, #Walmart, #Suning, and #Pinduoduo. https://cnbusinessforum.com/chinas-retail-market-poised-for-rapid-growth-through-2028/

Oh premiumization, thou art a buzz
A force that the economy does discuss
More profits you bring
But prices you upswing
As the changing economy you must adjust

#economy #premiumization #gentrification #ode #poetry

https://www.nytimes.com/2023/03/04/business/economy/premium-prices-inflation.html