What’s behind the post-pandemic tumble in Diageo and Pernod Ricard shares? hospitality Two of the world’s biggest drinks companies, Diageo and Pernod Ricard, have had a bruising time of it on the stock market in the last two years. Since mid-2023, shares in Pernod Ricard have dropped nearly 60 per cent, while market leader Diageo has seen its share price fall over 40 per cent. A lot [...]
Spending more on less: Premiumisation emerges as retail winner Retail Most people will be familiar with retail premiumisation from the pandemic. Faced with a sudden boost in the number of Brits on furlough with time to spend looking for products, a number of retailers – partially luxury and alcohol retailers – bumped up their supply of more expensive, premium products. The strategy worked well, for [...]