Holger Zschaepitz
Alcohol companies are sitting on huge stockpiles as demand keeps falling. Five of the world’s largest listed spirits makers – Diageo, Pernod Ricard, Campari, Brown-Forman and Rémy Cointreau – are holding about $22bn worth of ageing spirits, the highest inventory level in more than a decade. https://www.ft.com/content/9e6f024c-63b5-493f-bb35-6c1c05e90e55 HT @knowledge_vital
