The Wall Street Journal reported this afternoon that the Securities and Exchange Commission is investigating whether Diageo has been over-shipping inventory in the U.S. market in order to boost its results. The report said Diageo confirmed that it has received … Continue reading →
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Despite consumer tastes in the U.S. moving in the direction of aged spirits and full-flavored offerings, the rum category has been slow to make meaningful volume advances in recent years. Last year, rum fell by 2% to 23.8 million nine-liter … Continue reading →
The post Rum Loses Ground In U.S., But $15-And-Up Segment Enjoys Progress, Sees Upside appeared first on Shanken News Daily. Read more
Brown-Forman has started construction on its new Old Forester Distillery, located on Louisville, Kentucky’s “Whiskey Row” at 117 and 119 West Main Street. Originally slated to be completed by fall 2016, the $30 million project was recently delayed by a fire … Continue reading →
The post Brown-Forman Breaks Ground On Old Forester Distillery Despite Recent Whiskey Row Fire appeared first on Shanken News Daily. Read more
•South African producers are nearly universal in their effusive praise for the 2015 growing season—rare for a wine-producing country with myriad climates that are home to a wide range of grape varieties. Very dry weather persisted all season long, but … Continue reading →
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