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Daily Archive: April 12, 2016

Interview, Part 1: Tim Hassett, President, Americas, Beam Suntory

The third-largest spirits player nationally, Beam Suntory saw its U.S. volume climb by an estimated 1% to 21.7 million nine-liter cases in 2015, according to Impact Databank. Among its top brands, Jim Beam grew 3% to 4.3 million cases, while Sauza rose 4% to 2.2 million cases and Maker’s Mark advanced 6% to 1.4 million cases. Upscale whiskies Knob Creek, Basil Hayden’s and Laphroaig all increased by double-digits, while Pinnacle vodka declined slightly. Consumer goods veteran Tim Hassett was named president, North America, at Beam Suntory in 2014—the same year as Suntory’s $16 billion acquisition of Beam Inc.—and last year added responsibility for South America. SND senior editor Daniel Marsteller recently met with Hassett to look at Beam Suntory’s U.S. roadmap. Continue reading →

Posted in News on April 12, 2016

Moët Hennessy Sales Rise 6% In First Quarter

Moët Hennessy posted an organic revenue increase of 6% to €1 billion ($1.1b) in the three months through March, representing the company’s fiscal first quarter. Continue reading →

Posted in News on April 12, 2016

News Briefs for April 12, 2016

•Brown-Forman is launching a new whiskey brand, Coopers’ Craft, its first new Bourbon label in two decades. Continue reading →

Posted in News on April 12, 2016

Craft Brewing And Distilling News for April 12, 2016

•Newport, Oregon-based Rogue Ales & Spirits has unveiled its first straight whiskey. Continue reading →

Posted in News on April 12, 2016