Exclusive news and research on the wine, spirits and beer business

Monthly Archive: October 2011

News Briefs for October 11, 2011

•Danny Meyer denied that his decision to sell iconic New York restaurant Eleven Madison Park was motivated by thinner margins at high-end venues in tough economic times. Continue reading →

Posted in News on October 11, 2011

Ultra-Premiums Are Fastest Growing Spirits Segment, According To Latest Nielsen Numbers

Total spirits sales grew 3.2% by volume in the 52-week period ending September 17, 2011 to 57.6 million cases, according to the latest figures from Nielsen. Continue reading →

Posted in News on October 10, 2011

News Briefs for October 10, 2011

•OpenTable is showing revenue growth despite a volatile economy, the company’s CEO, Matt Roberts, recently told The Republic. Continue reading →

Posted in News on October 10, 2011

Texas Titan: Twin Liquors Now Up To 67 Units As In-State Expansion Continues Apace

Austin-based Twin Liquors is one of Texas’s beverage alcohol retail giants. The 67-unit chain is run by the brother and sister team of David and Margaret Jabour, who serve as president and executive vice president of the 78-year-old business, which was founded by their grandfather and uncle shortly after Prohibition’s repeal. Continue reading →

Posted in News on October 7, 2011

News Briefs for October 7, 2011

•Diageo will be presenting sponsor for two ESPN television segments—“Around the Horn” and “Pardon the Interruption” and their corresponding programs on Spanish-language ESPN Deportes—beginning this month through September 2012, reports AdAge. Continue reading →

Posted in News on October 7, 2011

Constellation Reports Profit Jump, Acquires 100% Of Ruffino

Constellation Brands announced a 78% increase in profits for its second quarter, exceeding estimates as the company’s cost-saving initiatives offset lower sales. Continue reading →

Posted in News on October 6, 2011

← Older postsNewer posts →