With Cognac on fire in the U.S. market, the category leaders aren’t the only brands contributing to the upswing. Among the rising smaller players is Camus, an upscale, family-owned brand that sells 450,000 cases worldwide but has had a limited … Continue reading →
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The owners of Laurent-Perrier, one of the world’s biggest Champagne suppliers, are considering a stake sale, according to Bloomberg. Citing “people familiar with the matter,” the news outlet reports that the de Nonancourt family, which owns around 60% of Laurent-Perrier … Continue reading →
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•Constellation Brands has agreed to purchase Grupo Modelo’s Obregon Brewery from Anheuser-Busch InBev (ABI) for $600 million. The brewery, located on Mexico’s west coast in the state of Sonora, currently has annual production capacity of roughly 4 million hectoliters, but … Continue reading →
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Five months after indicting Republic National Distributing Co. (RNDC) and three of its employees on federal charges of interstate liquor smuggling, the U.S. District Court for the District of Maryland has fully dismissed the indictment. “RNDC and our three employees … Continue reading →
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