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Archive for October, 2016
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11
OctMoet Hennessy sees YTD sales rise, but Q3 slows – results
Categories: Wine Industry News
Tags: news
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Moet Hennessy, the wine and spirits division of LVMH, has seen its sales growth slow in the third quarter, although the top-line has stayed positive in the year-to-date. Read more
11
OctABI-SABMiller Blockbuster Closes, Reshaping The U.S. Beer Market
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Anheuser-Busch InBev (ABI) has completed its blockbuster acquisition of SABMiller, in a move that reshapes the beer market both globally and in the U.S. The new entity, created with ABI’s $100 billion-plus purchase of its archrival, will continue to be … Continue reading →
The post ABI-SABMiller Blockbuster Closes, Reshaping The U.S. Beer Market appeared first on Shanken News Daily. Read more
11
OctMoet Hennessy Posts 7% Sales Growth In First Three Quarters, Propelled By Hennessy Cognac
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Buoyed by strong growth for its flagship Hennessy Cognac, Moet Hennessy posted 7% organic sales growth (+5% on a reported basis) in the first three quarters of 2016, to €3.28 billion ($3.64b). Hennessy’s volume grew by 9% during the nine-month … Continue reading →
The post Moet Hennessy Posts 7% Sales Growth In First Three Quarters, Propelled By Hennessy Cognac appeared first on Shanken News Daily. Read more
11
OctNews Briefs for October 11, 2016
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•Pernod Ricard is unveiling two new luxury single malt Scotch whisky expressions under its Longmorn brand, including a 23-year-old and a 16-year-old. Longmorn 23-year-old ($1,450 a bottle) was aged in traditional oak casks, while the 16-year-old ($252) was rested in … Continue reading →
The post News Briefs for October 11, 2016 appeared first on Shanken News Daily. Read more
11
OctCraft Brewing and Distilling News for October 11, 2016
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•Wyoming-based Jackson Hole Still Works recently released its second offering to market, Great Grey Gin. Billed as an American twist on a London Dry style, Great Grey (90 proof) has a scaled-back juniper profile and floral, spice and citrus notes. … Continue reading →
The post Craft Brewing and Distilling News for October 11, 2016 appeared first on Shanken News Daily. Read more
11
OctDiageo launches US hard sodas in Quaker City Malting venture
Categories: Wine Industry News
Tags: news
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Diageo has entered the hard soda category in the US with the co-launch of two flavours under The Quaker City Malting Co brand. Read more
11
OctVintage Wine Estates buys Delectus Winery
Categories: Wine Industry News
Tags: news
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Vintage Wine Estates, Santa Rosa, Calif., announced the purchase of Delectus Winery, a producer of high-scoring, luxury appellation red wines.
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10
Oct40% of Consumers Want “Purposeful” Brand, but Can’t Name One
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As consumers become less brand loyal (nearly half of US consumers say they would "gladly" switch brands for a coupon), understanding what they want in a product has become increasingly important. With this in mind, Diageo's Future of Cocktails Report--... Read more
10
OctFunctional alcoholic drinks “a very hard sell” – analyst
Categories: Wine Industry News
Tags: news
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Alcoholic drinks that use healthy cues will struggle to break into the mass market, according to analysts at Mintel. Read more
10
OctCognac On Pace To Hit Major Milestones In U.S. Market This Year
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Heading into the spirits market’s crucial holiday selling period, the high-flying Cognac category shows no signs of slowing down. Shipments of Cognac to the U.S., by far the global category’s largest market, crossed the 5-million-case mark on 13.5% growth last … Continue reading →
The post Cognac On Pace To Hit Major Milestones In U.S. Market This Year appeared first on Shanken News Daily. Read more
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