“Challenging” US Spirits Market Impact on Big Spirits Companies

Dear Client:   Suntory Holdings reported a global increase in bev alc revenues of 3.5% for the first half of the fiscal year ended June 30, in spite of a "challenging environment" in the US.  The company noted that Japanese whiskies, Jim Beam and On The Rocks RTD reported year-on-year growth globally in H1. During the half, the company also continued to expand the -196 RTD brand in the US and Europe.  You'll recall, earlier this year Beam Suntory rebranded