Archive for February, 2016

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Feb

Moët Hennessy Sales Rise 6% On Strong Cognac Growth

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Moët Hennessy posted a 6% organic sales increase to €4.6 billion ($5b) in 2015, with growth driven by a double-digit gain for Hennessy Cognac in the U.S. and “an excellent performance in Europe, the United States and Japan” for its Champagne … Continue reading →

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Feb

News Briefs for February 3, 2016

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•Pernod Ricard is introducing a new flavor in its Malibu Sensations lineup, Malibu Pineapple Upside Down Cake. The 21%-abv flavored rum entry is available nationwide in 750-ml. and 1-liter bottles for about $15 a 750-ml. The latest offering adds to … Continue reading →

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Feb

Breakthru Beverage Group names CFO

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Newly-formed US wholesaler Breakthru Beverage Group has named a CFO as it filled in the remaining posts on its executive team. Read more

Feb

Will value-sharing in Travel Retail become reality? – Research in Focus

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There is future growth aplenty on offer in the Travel Retail channel, but a new report suggests a reappraisal of the traditional relationship between suppliers, operators and airport authorities would be of huge benefit to drinks brands going forward. Read more

Feb

Moet Hennessy sees China rebound as FY sales, profits jump

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LVMH's wines & spirits unit, Moet Hennessy, has posted a healthy leap in full-year profits as sales in China rebounded in the second half of last year. Read more

Feb

Travel Retail liquor sales rise in 2014, set for further growth – research

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The Travel Retail channel is set to offer continued growth for wines and spirits over the coming five years, according to a new report, albeit slightly slower than the preceding five-year period. Read more

Feb

Six key trends for alcoholic drinks in 2016 – Focus

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Here, Spiros Malandrakis, alcoholic drinks analyst at Euromonitor International, shares his forecasts of the trends that will shape the alcohol industry in the year ahead. Read more

Feb

Spirits Supplier Revenues Up $950M in 2015

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DISCUS's annual spirits briefing this morning revealed the category maintained "nice consistent growth" in 2015 as many of the same trends seen in 2014 continued through the year. Supplier revenues were up 4.1% for the year, on par with 2014, and raked... Read more

Feb

Sogrape Group announces new UK head

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Mateus rosé producer Sogrape has named Gonçalo Sousa Machado as the new managing director of its UK division. Read more

Feb

Kroger Proposes A Distributor Oversee Brand Placement

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Kroger, one of the largest alcohol retailers in the United States, has proposed a drastic new alcohol category management system. The new category management system would be managed by Southern Wine and Spirits, one of the largest distributors in the country, and would be funded by wholesalers and suppliers. What Kroger suggests is a “pay […] Read more