Comments Off on Hennessy’s Progress Drives Cognac To New Heights In 2017
With market leader Hennessy firing on all cylinders, U.S. Cognac shipments surged last year, as volume and value both rose by double-digits. According to the Bureau National Interprofessionnel du Cognac (BNIC), exports to the U.S. grew by 11.5% to 82.6... Read more
Comments Off on Beam, Stoli Tussle Over Costello Appointment
Beam Suntory is taking aim at former executive Rudy Costello, who recently resigned to become chief commercial officer at Stoli Group USA, asserting Costello’s new role violates a non-compete agreement he signed with Beam in August of 2016. Beam claims... Read more
•Rémy Cointreau has posted organic net sales up 5.5% to €862 million ($1.1b) for the nine months through December, with growth driven by progress for its flagship Rémy Martin brand. Rémy Martin’s net sales grew 12% on an organic basis … Continue ... Read more
Comments Off on Craft Brewing and Distilling News for January 19, 2018
•The Lyft ride-sharing service is teaming up with Chicago’s Baderbrau Brewing to market a new beer brand called Five Star Lager. It will be sold in 12-ounce cans in local bars and will feature a discount code for as much … Continue reading →... Read more
Comments Off on This week in spirits & wine, featuring Pernod Ricard’s last five years and the lessons we can all learn, just-drinks’ spirits predictions for 2018 and Remy Cointreau’s fiscal-2018 so far
Here's a round-up of this week's top stories from the global spirits & wine categories. Click the links to view our round-ups for beer & cider and soft drinks & bottled water. Read more
Comments Off on SVB: Something “is changing” in the Wine Biz
Despite some one-off recessionary years where US wine consumption took a dive, the long-term volume trends for the wine category have consistently increased. In 1979 US consumers drank just over 300 million gallons annually, and now its much closer to ... Read more