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

With China’s Woes Continuing, Diageo Reportedly To Write Down ShuiJingFang Stake

With global spirits producers confronting an increasingly challenging landscape in China, Diageo is reportedly set to write down its stake in upscale Chinese white spirits (baijiu) maker ShuiJingFang. Continue reading →

Posted in News on July 28, 2014

News Briefs for July 28, 2014

•Molson Coors Brewing Company has named Mark Hunter, a 25-year industry veteran, as president and CEO of the company, effective upon Peter Swinburn’s retirement from the chief executive post at the end of the year. Continue reading →

Posted in News on July 28, 2014

Craft Brewing and Distilling News for July 28, 2014

•Blanco, Texas’ Real Ale Brewing Company is releasing its 18th Anniversary Gose in 12-ounce cans across the state this week. Continue reading →

Posted in News on July 28, 2014

Major Brands To Acquire Fellow Missouri Wholesaler MoBev

Missouri-based spirits and wine wholesaler Major Brands has agreed to acquire local rival Missouri Beverage Co. (MoBev) for an undisclosed sum. Continue reading →

Posted in News on July 25, 2014

Moët Hennessy Sales Hit By China Destocking, But U.S. Remains “Dynamic”

Moët Hennessy posted declines in sales and profits for the first half of this year, as difficult conditions in China’s drinks market continue to hinder luxury-end growth. Continue reading →

Posted in News on July 25, 2014

News Briefs for July 25, 2014

•Brown-Forman’s El Jimador has made its foray into the flavored Tequila segment with the launch of two new expressions. Continue reading →

Posted in News on July 25, 2014

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