Monthly Archive: May 2011
A Talk with Boston Beer Chairman and Founder Jim Koch
Volume and retail sales of craft beer surged at double-digit rates in 2010, and demand continues this year while mainstream beers largely languish. Boston Beer Co., marketer of Samuel Adams Boston Lager and the Sam Adams line, is the nation’s leading craft brewer with volume sales of nearly 31 million cases last year. Shanken News Daily talked with Jim Koch, chairman and founder of Boston Beer, about recent trends for his brands and the craft beer segment.
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News Briefs for May 20, 2011
• Having recently sold off its U.K. and Australia wine businesses, Constellation Brands is gearing up to tap into Asian markets. Continue reading →
Posted in News on May 20, 2011Binnys Beverage Depot Of Chicago Continues Aggressive Expansion
Binny’s Beverage Depot owner Michael Binstein plans to open two new stores this year in the greater Chicago market. In the last four years alone, he has expanded his beverage alcohol retail business from 19 to 25 stores, and now ranks as the leading independent retailer in Illinois. Binstein recently spoke with Shanken News Daily about his business, which will surpass $250 million in revenues in its fiscal year ending July 31. Continue reading →
Posted in News on May 19, 2011Cutty Sark Moves From Skyy To Remy Cointreau In The US
Cutty Sark Scotch whisky has switched U.S. marketers, moving from Skyy Spirits to Rémy Cointreau, effective June 25. Continue reading →
Posted in News on May 19, 2011MillerCoors Rides Specialty Success, Price Hikes, Cost Savings To Earnings Growth
MillerCoors’s depletions in North America fell by 3% in the fiscal year ended March 31, but a combination of price hikes, a favorable sales mix and significant cost savings sparked a 20% EBITA jump. Continue reading →
Posted in News on May 19, 2011News Briefs for May 19, 2011
• Proximo Spirits’ 1800 Tequila is unveiling a new $18 million ad campaign this month featuring actor Michael Imperioli, who made headlines in a previous 1800 campaign by taking shots at rival Patrón Tequila. Continue reading →
Posted in News on May 19, 2011
