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Stock impact report

A Major Cognac House Is Now Making Whisky in China [Yahoo! Finance]

Diageo plc (DEO) 
US:NYSE Investor Relations: diageo.com/en/investors
Company Research Source: Yahoo! Finance
producers, as well as the looming threat of tariffs causing further disruption under the second Trump administration. But there are those who are feeling bullish about the future of whisky in a global sense, and they are exploring some interesting alternative avenues of production. Case in point is the French family-owned Cognac house Camus, which just started making whisky at its new distillery in China. Of course, Camus isn't the only foreign drinks company getting in on the Chinese whisky game. As we've reported before, both Diageo and Pernod Ricard are opening distilleries there, and there are smaller independent producers like Nine Rivers Distillery making single malt in the country as well. According to a recent story that ran at the website the Spirits Business , Camus opened the new $30 million Guqi Distillery in partnership with Gujinggong, which is the fourth largest baiju brand in the world. If you're unfamiliar with that term, baiju, the most popular spirit in China, is Show less Read more
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