While aggressive competition is rife in the premium vodka segment, Stoli Group USA has led its namesake vodka brand back to growth over the past two years, reversing a multi-year decline. After sliding from 1.8 million cases to 1.5 million … Continue reading →
The post Despite Tough Competition, Stoli Sees U.S. Turnaround appeared first on Shanken News Daily. Read more
AB InBev (ABI) reported a U.S. volume decline of 0.3% to 54 million hectoliters for the first half of the year, but the brewing giant achieved a 1.2% organic revenue rise to $6.9 billion and normalized EBITDA of $2.8 billion. … Continue reading →
The post ABI Posts Profit Slide As Chinese Regulators Approve SABMiller Deal appeared first on Shanken News Daily. Read more
•Stroh Brewery Company, part of the Pabst Brewing portfolio, is set to begin brewing again in its hometown of Detroit beginning next month. Stroh, which hasn’t brewed in Detroit since 1985, will begin producing Stroh’s Bohemian-style Pilsner at Brew Detroit … Continue reading →
The post Craft Brewing and Distilling News for July 29, 2016 appeared first on Shanken News Daily. Read more