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Daily Archive: July 20, 2011

Pernod Becomes Player In Ultra Premium Tequila, Forming Partnership With Avion

Pernod Ricard has secured a foothold in the ultra-premium Tequila category, acquiring worldwide distribution rights to Tequila Avión as well as a minority ownership stake in the emerging brand. Continue reading →

Posted in News on July 20, 2011

Ste. Michelle Sales Surge 9.4 Percent In Second Quarter

Boosted by increasing sales at the premium end of its portfolio, Washington State-based Ste. Michelle Wine Estates saw its revenue growth accelerate to 9.4% in the three months through June, with net sales hitting $116 million during the period. Continue reading →

Posted in News on July 20, 2011

News Briefs for July 20, 2011

Anheuser-Busch InBev (ABI) is raising prices 3%-5% across its portfolio in the U.S. market, beginning September 13th, to offset rising commodity costs. Continue reading →

Posted in News on July 20, 2011