Facing a furor in the whisky world over the end of its Masters of Whisky ambassador program, Diageo tells SND that what’s been cast as a cost-saving move is actually an aggressive increase in its on-trade investment in the U.S. … Continue reading →
The post Diageo Reserve’s New On-Premise Playbook: The Inside Story appeared first on Shanken News Daily. Read more
Australia’s Accolade Wines, the world’s seventh-largest winemaker, is reportedly slated for a A$1-billion-plus ($770m) IPO in the first half of next year, as private equity owner CHAMP looks to largely divest itself from the business. According to the Australian Financial … Continue reading →
The post Report: Accolade Wines Set For IPO In First Half Of 2017 appeared first on Shanken News Daily. Read more
•New Jersey-based Royal Wine Corp. is introducing a new premium vodka brand, Lvov, in the U.S. market. Retailing at $14.99 a 750-ml. bottle, Lvov is a four-times-distilled potato-based vodka imported from Poland. The newcomer is launching both on- and off-premise … Continue reading →
The post News Briefs for August 12, 2016 appeared first on Shanken News Daily. Read more
•MillerCoors continues to add to its craft beer portfolio at a rapid pace, announcing a deal to acquire a majority interest in Granbury, Texas-based Revolver Brewing. Revolver is known for its Blood & Honey brand, which has quickly become one … Continue reading →
The post Craft Brewing and Distilling News for August 12, 2016 appeared first on Shanken News Daily. Read more