Exclusive news and research on the wine, spirits and beer business

Craft Distillers Look To Boost Canadian Whisky Category

This past March, Gruppo Campari spent around $180 million to acquire the fast-growing Forty Creek Distillery from John Hall, a pioneer in Canadian craft whisky. Continue reading →

Posted in News on December 22, 2014

Wine Spectator: Could a Train Line Endanger the Sweet Wines of Sauternes?

A high-speed train project threatens to cut through historic Bordeaux vineyards in Graves and could damage the fragile ecosystem that produces the fog and the sweet wines of Sauternes and Barsac, Wine Spectator reportsContinue reading →

Posted in News on December 22, 2014

Interview: Pierre Pringuet, CEO, Pernod Ricard

French spirits giant Pernod Ricard has undergone one of the drinks industry’s most dramatic expansions over the past 15 years—a transformation that coincided with the tenure of top executive Pierre Pringuet, who became the company’s co-CEO in 2000 and CEO in 2008. Following a series of blockbuster acquisitions in the 2000s—including Seagram (with Diageo) in 2001, Allied Domecq (with Fortune Brands) in 2005 and Absolut in 2008—Pernod has grown from being a mainly European powerhouse to become the second-largest spirits player worldwide. Company volume rose 4.2% to 128 million nine-liter cases in 2013, according to Impact Databank, while net sales were flat organically at €7.95 billion ($9.76b) in its fiscal year through June. With Pringuet set to hand the CEO reins to Alexandre Ricard on February 1, Shanken News Daily senior editor Daniel Marsteller met recently with the departing chief executive to discuss Pernod’s long-term progress and its opportunities for the future. Continue reading →

Posted in News on December 19, 2014

News Briefs for December 19, 2014

•A Wegmans Food Markets in Ithaca, NY was given final approval for expansion earlier this week by the city’s Planning and Development Board, according to a report in the Ithaca Times.  Continue reading →

Posted in News on December 19, 2014

Craft Brewing And Distilling News for December 19, 2014

•Massachusetts-based Jack’s Abby Brewing will break ground on an expanded brewery this upcoming spring in the downtown area of its hometown, Framingham, expected to open in late 2015. Continue reading →

Posted in News on December 19, 2014

Cigar Aficionado Explores The New Chapter In U.S.-Cuba Relations

Yesterday, the United States government announced sweeping changes to its longstanding embargo against Cuba. Continue reading →

Posted in News on December 18, 2014

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