Monthly Archive: May 2011
News Briefs for May 27, 2011
• Klein Constantia, one of South Africa’s most historic wine estates, has been sold. Continue reading →
Posted in News on May 27, 2011Wine Sales Rise By Nearly 5 Percent In Latest SymphonyIRI Data
Table wine sales in food/drug/convenience stores were up 4.7% by volume year-to-date through May 15, according to Chicago-based SymphonyIRI Group. Continue reading →
Posted in News on May 26, 2011Battle Lines Are Drawn As New York Once Again Weighs Wine Sales In Supermarkets
The New York state legislature is again considering a bill to introduce wine sales in supermarkets. Continue reading →
Posted in News on May 26, 2011News Briefs for May 26, 2011
• Pernod Ricard USA is rolling out a 13th flavor to its Absolut vodka brand, Orient Apple. Continue reading →
Posted in News on May 26, 2011Talk Of A Cuervo Sale Abounds, But Tequila Leader Faces Battle As Competitors Grab Share
Jose Cuervo, the world’s largest Tequila brand, may be on the block, but with its growth essentially stalled despite Tequila’s continued expansion, rival brands like Sauza are also attracting interest. Continue reading →
Posted in News on May 25, 2011Diageo Embarks On Restructuring, Eyeing Cost Cuts, Faster Growth
Diageo ceo Paul Walsh has initiated a review of the drinks giant’s operating model across its global business, intending to “focus on growth and create a more cost effective organization.” Continue reading →
Posted in News on May 25, 2011