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Daily Archive: December 19, 2012

Dallas-Based Centennial Files For Bankruptcy, But Says It Will Stay In Business

Under pressure from a wave of new competitors in the North Texas market, Dallas-based retailer Centennial Beverage has filed for Chapter 11 bankruptcy, saying it plans to downsize but stay in business. Continue reading →

Posted in News on December 19, 2012

Russia To Lower Tariffs On U.S. Wines, Providing Major Export Opportunity

Russia is planning to lower its tariff on U.S. wines from 20% to 12.5% over the next four years, after President Obama’s recent signing of a bill extending permanent normal trade relations with Russia and Moldova. Continue reading →

Posted in News on December 19, 2012

Rémy Cointreau Seals Deal For Larsen Cognac

Rémy Cointreau has sealed an agreement to acquire all of family-owned Cognac producer Larsen. Continue reading →

Posted in News on December 19, 2012

News Briefs for December 19, 2012

•While it remains to be seen whether Whyte & Mackay remains part of United Spirits Ltd. (USL) once Diageo takes control of the Indian spirits giant, one thing appears certain—W&M’s shift away from private-label Scotch whisky production and sharpened focus on its higher-margin single malt portfolio (led by Dalmore and Isle of Jura) is paying off. Continue reading →

Posted in News on December 19, 2012

Craft Brewing And Distilling News for December 19, 2012

•Los Angeles-based craft beer company Fireman’s Brew has expanded its distribution reach to Arizona, Colorado and Illinois over the past three months. Continue reading →

Posted in News on December 19, 2012