While it remains locked in a trademark battle with Pernod Ricard over the Havana Club rum label in the U.S. market, Bacardi has unveiled plans to back its Puerto Rico-produced version of its Havana Club brand with a new Anejo … Continue reading →
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Casa Cuervo, owned by the Beckmann family, is solidifying plans toward a third-quarter IPO valued between $500 million and $1 billion, Bloomberg reports. The Beckmanns are working with units of Morgan Stanley, JPMorgan Chase and Banco Santander on the offer, … Continue reading →
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•Hailstorms and other severe weather wreaked havoc on the Cognac region last week, damaging more than 10,000 acres of vineyards—nearly 10% of the overall crop. The result will be a reduced 2016 harvest, according to the Bureau National Interprofessional du … Continue reading →
The post News Briefs for June 1, 2016 appeared first on Shanken News Daily. Read more
•North Texas-based Western Son Distillery is adding Western Son Apricot Flavored Vodka to their lineup. Retailing at around $20 a 750-ml., Western Son Apricot is geared toward mixing with ginger ale, lemonade, soda and iced tea, says distillery co-founder and … Continue reading →
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