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Daily Archive: July 26, 2018

Diageo’s U.S. Sales Rise 3%, As Whisk(e)y Growth Offsets Vodka Struggles

Diageo has posted a 3% increase in its U.S. business for the 12 months through June, as solid growth across a number of whisk(e)y brands overcame ongoing softness in the vodka category. Continue reading →

Posted in News on July 26, 2018

Cuervo’s U.S. Sales Slip In Second Quarter As Distributors Reduce Inventories

Grupo Cuervo saw its North America volume drop 7% to 3.6 million cases in the three months through June, while net sales slipped 0.4% to MXN$5 billion ($267.6 million) compared to the previous year. Continue reading →

Posted in News on July 26, 2018

Bill Street, Longtime President Of Brown-Forman, Passes Away At Age 79

This morning, Brown-Forman announced the death of longtime executive Bill Street, who died after a long battle with cancer. Continue reading →

Posted in News on July 26, 2018

News Briefs for July 26, 2018

•Washington state-based Ste. Michelle Wine Estates is enjoying a solid rebound so far in 2018, posting a net revenue rise of 6.2% to $308 million for the six months ended June 30. Continue reading →

Posted in News on July 26, 2018