The middle tier’s consolidation wave is rolling again. Just days after Charmer-Sunbelt and Wirtz Beverage Group joined forces, SND has learned that Southern Wine & Spirits and Glazer’s have signed a letter of intent to form a strategic alliance. A … Continue reading →
The post Exclusive: Southern, Glazer’s Sign Letter Of Intent To Form Strategic Alliance appeared first on Shanken News Daily. Read more
With consolidation continuing in the global beverage alcohol business, Japan’s Suntory Holdings is exploring options to keep pace. The Wall Street Journal reports that Suntory CEO Takeshi Niinami is eyeing a potential initial public offering—for either the parent company or its U.S.-based … Continue reading →
The post Suntory Eyes Potential IPO, Considers Entering U.S. Beer Market appeared first on Shanken News Daily. Read more
Double-digit gains for Jameson (+26%) and The Glenlivet (+15%) propelled Pernod Ricard to 8% sales growth in the U.S. market in its fiscal first quarter (ended September 30). Pernod Ricard also enjoyed solid performances in the market from Malibu (+4%) … Continue reading →
The post Jameson, The Glenlivet Catapult Pernod Ricard To 8% Sales Growth In U.S. appeared first on Shanken News Daily. Read more
•A coalition of Colorado retailers is mounting a push for a ballot initiative aimed at allowing wine and full-strength beer in supermarkets. Safeway, Walmart and King Soopers (Kroger) have aligned under the “Your Choice Colorado” banner to seek approval for … Continue reading →
The post News Briefs for October 22, 2015 appeared first on Shanken News Daily. Read more
•Tennessee-based WG Brewing Company is launching a new alcoholic root beer, Wild Root. The newcomer, which is at 5% abv, initially will debut in six-packs of 12-ounce cans ($9.99-$10.99) across Ohio, Indiana, Michigan, Minnesota, Kentucky, Tennessee, Georgia, Alabama, Mississippi, North … Continue reading →
The post Craft Brewing and Distilling News for October 22, 2015 appeared first on Shanken News Daily. Read more