Pernod Ricard achieved 4% organic sales growth (+2% reported) to €5.06 billion ($5.41b) in the first half of its fiscal year, as the U.S. market drove gains while conditions improved in China, Russia and travel retail. “Our half-year results are … Continue reading →
The post Solid Growth In U.S. Drives Pernod To 4% Sales Gain In First Half appeared first on Shanken News Daily. Read more
Casa Cuervo is toasting a strong response to its initial public offering on the Mexican stock exchange, with the company reportedly raising about $790 million from investors for a combined 13% stake. While details of the IPO’s results haven’t been … Continue reading →
The post Cuervo IPO Raises $790 Million: Report appeared first on Shanken News Daily. Read more
Rémy Cointreau Americas has appointed Sarah Long as chief marketing officer. Long, who joined Rémy Cointreau Americas in 2014, was previously vice president of marketing for the New York-based unit’s liqueurs and spirits division. In her new role, Long succeeds … Continue reading →
The post Rémy Cointreau Americas Taps Long As CMO appeared first on Shanken News Daily. Read more
•Ten years after selling his Cabo Wabo Tequila brand to Campari, rock musician Sammy Hagar is preparing to launch a Tequila-Mezcal hybrid brand called Santo. Hagar has partnered with fellow musician Adam Levine of Maroon 5 to debut Santo Mezquila, … Continue reading →
The post News Briefs for February 9, 2017 appeared first on Shanken News Daily. Read more
•Belgium’s Rodenbach Brewery is rolling out Fruitage, a new fruit-infused offering marking the brewer’s first canned label in the U.S. The 4.2%-abv expression is comprised of 25% aged Rodenbach, matured for two years, and 75% young Rodenbach ale, as well … Continue reading →
The post Craft Brewing and Distilling News for February 9, 2017 appeared first on Shanken News Daily. Read more