Davide Campari-Milano N.V. (CPR.MI)
- Reuters
Italy prosecutors probe Campari holding company over alleged tax evasion, sources say
MILAN (Reuters) -Milan prosecutors have opened an investigation into the holding company that controls Italian drinks group Campari, sources with direct knowledge of the matter told Reuters on Wednesday. The prosecutors launched the probe after checks by tax police uncovered around 1 billion euros ($1.07 billion) of unpaid taxes from 2018-2020, owed by the Luxembourg-based holding Lagfin, the sources said. "The company has always fulfilled its tax obligations with the utmost scruple in all the jurisdictions where it operates and considers any potential objection to be devoid of any basis," Lagfin said in a statement, adding that no formal notice of assessment has been issued to date.
- Reuters
Chinese liquor makers endeavour to give Westerners a taste for baijiu
Makers of the Chinese liquor baijiu are reformulating the fiery grain liquid to appeal to a wider client base, including cocktail drinkers in New York, Los Angeles and London, as sales at home slow. While sales in China are still rising, top baijiu makers like Kweichow Moutai face far slower growth than in the past as younger generations increasingly opt for alternatives to the country's national liquor. Now, in a bid to find new pockets of growth, some major makers of the colourless liquor are starting to pitch it to Western consumers outside of China for the first time.
- PR Newswire
THE GLEN GRANT UNVEILS "THE GLASSHOUSE COLLECTION": A NEW PRESTIGE RANGE FEATURING THE OLDEST AGED SINGLE MALT SCOTCH WHISKIES IN THE PERMANENT PORTFOLIO
The Glen Grant Single Malt Scotch Whisky, nestled in the heart of Speyside, today unveils The Glasshouse Collection: a new prestige range featuring the oldest aged expressions ever in the distillery's permanent collection. The Glen Grant 21-Year-Old is joined by The Glen Grant 25-Year-Old and 30-Year-Old Single Malt Scotch Whiskies to form a collection of rare single malts which celebrate the unparalleled aging of whiskies from the over 180-year-old distillery.
