SunStar
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May 17, 2021
EMPERADOR Inc. is increasing its capital expenditure to around 50 percent, as it further expands its global footprint in various international markets.
Emperador Inc. is the largest global brandy company that owns Emperador Brandy and Fundador Brandy.
“Last year, at the height of the pandemic, we held back on our capital expenditure so we spent around P1 billion. With the vaccinations underway, we expect some easing of pandemic restrictions this year and onwards with increased air travel, and overall, some form of normalcy,” Emperador Inc. President Winston Co said.
According to him, in the United States, sales grew more than 20 percent, while in the United Kingdom, sales grew by more than 30 percent. In China, Co said their sales have doubled. ....