Beam Suntory acquired a controlling stake in U.K. craft gin label Sipsmith late last year, aiming to grow the brand in gin’s fast-growing super-premium segment. Speaking to SND recently, Suntory Holdings CEO Takeshi Niinami said the Sipsmith deal is an example … Continue reading →
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Nearly five decades after founding one of Oregon’s leading Pinot Noir labels, David Adelsheim is stepping back from his eponymous winery. But he knows the new owners pretty well. David and his wife, Ginny, have sold their ownership in the … Continue reading →
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Amid a difficult beer market, Anheuser-Busch InBev (ABI) saw its U.S. revenues decline 1.3% for the first half of the year, as sales-to-retailers fell 3%. ABI’s struggles were primarily attributable to its mainstream portfolio, including Budweiser and Bud Light, which … Continue reading →
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•Georgia-based Blue Ridge Spirits & Wine Marketing has added Florida’s Big 5 Rum brand to its distribution portfolio. Distilled in St. Petersburg, Florida, Big 5 was inspired by the Big Five social clubs of 1950’s Havana, Cuba. The rum is … Continue reading →
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•New York’s Brooklyn Brewery, California’s 21st Amendment Brewery and Colorado’s Funkwerks have partnered to create a nationwide sales and distribution platform. The project will officially launch on January 1, 2018, with 70 shared sales representatives and 90 brand ambassadors spread across … Continue reading →
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Strong growth in whisk(e)y and Tequila boosted Diageo’s U.S. business in the company’s full fiscal year ended in June. The drinks giant’s core U.S. spirits unit was up 3% on an organic basis for the year, driven by impressive net … Continue reading →
The post Crown Royal, Bulleit And Don Julio Drive Diageo’s U.S. Sales, As Global Business Accelerates appeared first on Shanken News Daily. Read more
Hennessy Cognac continued to drive strong gains across Moët Hennessy’s global business in the first half of 2017. For the six months through June, Moët Hennessy’s global sales rose 10% to €2.3 billion ($2.7b), while profit from recurring operations soared … Continue reading →
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Massachusetts judge Robert B. Gordon has sided with Total Wine & More in the retailer’s suit over spirits pricing against the state Alcoholic Beverages Control Commission. Gordon ruled that alcohol retailers like Total Wine may pass on bulk discounts to … Continue reading →
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•California’s Francis Ford Coppola Winery has released its Diamond Collection white wines in 250-ml cans. The brand’s Pinot Grigio, Chardonnay and Sauvignon Blanc are now available in four-packs for a suggested retail price of $19.99 at the winery, online and … Continue reading →
The post News Briefs for July 27, 2017 appeared first on Shanken News Daily. Read more
•Louisville’s Copper & Kings American Brandy Co. has entered five new states. The craft distiller has partnered with Southern Glazer’s to make its foray into Oregon and Washington and has inked a deal with Major Brands to launch in Missouri. … Continue reading →
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