Monthly Archive: October 2011
Brauer To Lead Beringer As Part Of Treasury Revamp, Other Key Appointments Also Named
As Treasury Wine Estates reorganizes its global operations from a regional- to a brand-centric structure, the company has named Stephen Brauer managing director of Beringer, its top-selling brand. Continue reading →
Posted in News on October 21, 2011Rarified Retailer: Dennis Overstreet, Owner Of The Wine Merchant Beverly Hills
The Wine Merchant Beverly Hills is one of the Los Angeles market’s leading wine and spirits retailers, boasting a rarified international clientele. Five years ago, proprietor Dennis Overstreet relocated from his high-rent 25,000-square-foot store on Rothbury and Santa Monica Boulevard to a 2,000-square-foot shop on Canon Drive in the Beverly Hills Triangle. He conducts dinners and tastings at a 40,000-square-foot wine cellar in West Los Angeles, three and half miles away from the store. Overstreet’s total revenues were $4.5 million last year—with 80% of sales in wine and 20% in spirits. He expects to hit $5 million by the end of this year. Overstreet also owns and operates two restaurants, The Dock and The Porch, in Newport Beach. Shanken News Daily recently spoke to Overstreet about trends in his retail business. Continue reading →
Posted in News on October 21, 2011Pernod Ricard Sales Surge 11%, With 15% Growth In The U.S.
Pernod Ricard hit €1.987 billion ($2.7b) in sales in the three months through September, its fiscal first quarter, on organic growth of 11%. Continue reading →
Posted in News on October 20, 2011Rémy Cointreau Toasts 18% Rise In First Half
Rémy Cointreau reported a 10.9% increase in revenue for its fiscal first half ended September 30. Continue reading →
Posted in News on October 20, 2011Craft Brews Still Surging While Overall U.S. Beer Market Remains Sluggish, Nielsen Says
Despite a strong summer selling season, off-premise beer sales continue to struggle, according to the latest numbers from Nielsen. Continue reading →
Posted in News on October 20, 2011News Briefs for October 20, 2011
•Walmart is planning to expand its craft beer SKUs, former CEO Lee Scott told distributors at the National Beer Wholesalers Association convention this week. Continue reading →
Posted in News on October 20, 2011
