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Archive for January, 2017

Despite Debt Overhaul, Roust Sees U.S. Fortunes Rising

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While it has made headlines recently for a prepackaged debt overhaul related to its 2013 acquisition of financially-troubled Central European Distributing Co. (CEDC), Russia’s Roust Corp. has been making solid progress in the U.S. with its core Russian Standard brand, … Continue reading

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Vinexpo Teams With Wine Spectator On “A Taste Of Spain” Showcase At 2017 Bordeaux Event

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In partnership with Wine Spectator, Vinexpo Bordeaux 2017 will feature an exclusive food and wine event titled “A Taste of Spain.” The event will take place at the Palais de la Bourse in Bordeaux’s historic city center on Monday, June … Continue reading

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News Briefs for January 6, 2017

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•Pernod Ricard is preparing to debut a new “connected cocktail library” that it says will revolutionize home entertaining in the years ahead. Created by Pernod’s Breakthrough Innovation Group, the new system, called “Opn,” is currently being showcased at the Consumer … Continue reading

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Craft Brewing and Distilling News for January 6, 2017

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•Baltimore-based craft brewers Heavy Seas Beer and Union Craft Brewing have partnered for the launch of an English-style Olde Ale. The new release marks the first entry in Heavy Seas’ 2017 Partner Ships series of collaborative beers, with other partnerships … Continue reading

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Mulholland New World Gin

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As part of its debut, Mulholland Distilling introduced Mulholland New World Gin in Los Angeles and Whole Foods Market stores in Southern California.  Read more

Constellation Ventures Makes Another Investment

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Constellation Brands' third quarter, ended November 30, was a pretty busy one; it completed several acquisitions as well as the sale of its Canadian wine business. During the quarter its wine and spirits business grew net sales by 5% to $289 million, w... Read more

Constellation Brands posts growth in third quarter results

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Constellation Brands Inc., Victor, N.Y., reported its third quarter fiscal 2017 results. Read more

Constellation Brands Posts 10% Sales Growth In Third Quarter, Operating Income Rises 19%

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Constellation Brands maintained its streak of double-digit growth in its fiscal third quarter ended November 30, 2016, although momentum slowed slightly as the company’s spirits and wine division couldn’t keep pace with its formidable first-half results.  Constellation’s overall net sales … Continue reading

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Report: Suntory Not Considering IPO Of Spirits Business

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Suntory Holdings president Takeshi Niinami says the company is not planning an initial public offering of Beam Suntory, according to Reuters. The report claims Niinami said at a recent gathering of corporate executives in Tokyo that the conglomerate is “not … Continue reading

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Craft Brewing and Distilling News for January 5, 2017

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•Boston Beer is introducing two new seasonal beers to its Samuel Adams lineup: Hopscape and Fresh as Helles. Hopscape, available nationwide in January and February, is brewed with Chinook, Citra, Centennial and Zeus hops, white wheat and two-row pale malt. … Continue reading

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