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Tag Archive: spirits

Interview: Pierre Pringuet, CEO, Pernod Ricard

French spirits giant Pernod Ricard has undergone one of the drinks industry’s most dramatic expansions over the past 15 years—a transformation that coincided with the tenure of top executive Pierre Pringuet, who became the company’s co-CEO in 2000 and CEO in 2008. Following a series of blockbuster acquisitions in the 2000s—including Seagram (with Diageo) in 2001, Allied Domecq (with Fortune Brands) in 2005 and Absolut in 2008—Pernod has grown from being a mainly European powerhouse to become the second-largest spirits player worldwide. Company volume rose 4.2% to 128 million nine-liter cases in 2013, according to Impact Databank, while net sales were flat organically at €7.95 billion ($9.76b) in its fiscal year through June. With Pringuet set to hand the CEO reins to Alexandre Ricard on February 1, Shanken News Daily senior editor Daniel Marsteller met recently with the departing chief executive to discuss Pernod’s long-term progress and its opportunities for the future. Continue reading →

Posted in News on December 19, 2014

As Upscale Vodka Race Tightens, Belvedere Launches Major Global Ad Push

With much of the dynamism in the U.S. drinks market currently centered on brown spirits, the high-end imported vodka market has been finding progress tougher to achieve. Continue reading →

Posted in News on December 16, 2014

Whisky Advocate Names Irish, Canadian, American, Craft And Japanese Whiskies Of The Year

Whisky Advocate has unveiled the winners of its annual Whisky of the Year awards across the Irish, Canadian, American, Craft and Japanese categories. Continue reading →

Posted in News on December 9, 2014

Stillhouse Moonshine Ramps Up Distribution, Launches New Flavors

Stillhouse Spirits Co. is rapidly expanding distribution of its namesake moonshine brand across the U.S. market. Continue reading →

Posted in News on December 9, 2014

Mainstream Canadian Whisky Brands Struggle To Lift Pricing And Volume

Canadian whisky’s major players have added flavors and higher-end line extensions, but the category has still struggled, with U.S. sales volume merely flat last year at 14.57 million cases, after being flat in 2012 as well. Continue reading →

Posted in News on December 8, 2014

Balcones Board Settles With Departing Founder Tate

Chip Tate, founder of Texas-based Balcones Distilling, has reportedly accepted a settlement from the company’s board that will see him leave the business. Continue reading →

Posted in News on December 5, 2014

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