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Suntory Global Spirits Flat In H1 Amid Market Volatility
['M. Shanken Communications']
Shanken News Daily
Suntory Global Spirits Flat In H1 Amid Market VolatilitySuntory Global Spirits saw flat sales in the first half of this year as challenges in the U.S. offset solid growth in Asian markets.
Suntory Global Spirits is the second-largest spirits player globally in volume terms at 151 million cases, according to Impact Databank, with U.S. depletions at 22 million cases annually.
“We saw a good performance in our Asia Pacific region, with strong growth in Japan and continued double-digit gains in India,” Suntory Global Spirits president and CEO Greg Hughes told SND.
We have a global ambition to be the number-one player in whisk(e)y and in RTD.
We’ll have more insights on Suntory Global Spirits’ second-half outlook from CEO Greg Hughes next week.