Monthly Archive: July 2011
SABMiller Reports Emerging Market Growth In First Quarter
SABMiller, the world’s second-largest brewer, reported a 7% jump in revenue at constant currency for its first quarter ended June 30, 2011, as beer and soft drinks volumes rose 5%. Continue reading →
Posted in News on July 21, 2011News Briefs for July 21, 2011
•Drambuie liqueur, imported by Bacardi USA, unveiled a new premium offshoot—Drambuie 15—at today’s Tales of the Cocktail event in New Orleans. The 43%-abv product is launching nationwide at around $56 a 1-liter bottle. Continue reading →
Posted in News on July 21, 2011Pernod 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, 2011Ste. 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, 2011News 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, 2011Serralles In Tough Fight Over Puerto Rico Rum Rebates
Diageo’s decision to move production of Captain Morgan from Puerto Rico to the U.S. Virgin Islands (USVI) continues to send ripples through the Caribbean rum industry. Continue reading →
Posted in News on July 19, 2011
