What's Happening?
Suntory Global Spirits is undergoing a brand-first transformation, led by U.S. Chief Brand Officer John Alvarado. The company is focusing on brand-building to drive growth, embracing Gen Z's flavor preferences and modernizing its marketing strategies. Suntory aims to put consumers at the center of its initiatives, from digital upskilling to cultural collaborations.
Why It's Important?
Suntory's shift towards brand-first strategies highlights the importance of consumer-centric approaches in the spirits industry. By focusing on brand equity and modern marketing techniques, Suntory is positioning itself to capture the attention of younger generations and adapt to changing market dynamics. This transformation could set a precedent for other companies in the sector.
