Constellation Finds Growth At Higher End With Franciscan
Like most high-end wine brands, Constellation’s Franciscan label took a hit during the worst of the recession, falling by 10% in 2009. Continue reading →
Posted in News on February 22, 2012Niche Player Cognac Ferrand Projects 30% Expansion For 2012
Led by president and majority owner Alexandre Gabriel, Cognac Ferrand has a brand portfolio that sold 70,000 cases in the U.S. last year across its Pierre Ferrand Cognac, Cerbois Armagnac, Mathilde liqueurs, Plantation rum, Daron Calvados and Citadelle gin brands. Continue reading →
Posted in News on February 22, 2012News Briefs for February 22, 2012
•Chivas Brothers chairman and CEO Christian Porta said Tuesday that Pernod Ricard is on track to reopen its Glen Keith distillery in Speyside next year. Continue reading →
Posted in News on February 22, 2012Southern Expanding In Minnesota With Quality Wine & Spirits Acquisition
Southern Wine & Spirits of Minnesota, the joint venture between Southern and eighth-ranked U.S. beer distributor J.J. Taylor, has signed a letter of intent to acquire certain assets of fellow Minnesota wholesaler Quality Wine & Spirits for an undisclosed sum. Continue reading →
Posted in News on February 21, 2012News Briefs for February 21, 2012
•Italy, the number-one exporter of wine to the U.S., carved out an imported wine market share of 31% valued at nearly $1.5 billion in 2011, according to the Italian Trade Commission. Continue reading →
Posted in News on February 21, 2012Interview: Treasury Wine Estates’ Strategies For Growth
In May of last year, Treasury Wine Estates officially began trading on the Australian Securities Exchange in Sydney, launching as a stand-alone wine company after separating from Foster’s Ltd. Since then, Foster’s has been swallowed up by SABMiller in a deal struck last September worth just over $10 billion, while Treasury continues to focus on building a global wine business. Continue reading →
Posted in News on February 17, 2012
