Monthly Archive: April 2012
News Briefs for April 25, 2012
•Lake County, California wine producer Shannon Ridge has acquired nearby 80-acre High Valley Vineyard for an undisclosed sum. Continue reading →
Posted in News on April 25, 2012Interview: Mike Keyes Of Brown-Forman On American Whiskey’s Renaissance
The resurgence of consumer interest in American whiskey has created new opportunities for spirits marketers in the United States. Shanken News Daily recently interviewed Mike Keyes, president of Brown-Forman’s North American Region, to discuss the performance of Brown-Forman’s whiskey portfolio and more. Continue reading →
Posted in News on April 24, 2012News Briefs for April 24, 2012
•Rémy Cointreau has reported a 15.6% rise in organic sales growth for the full year ended March 31, to €1.03 billion ($1.36b), due primarily to double-digit gains in the U.S. and Asia. Continue reading →
Posted in News on April 24, 2012Pinnacle May Become Beam’s Biggest-Volume Brand By Year-End
Beam Inc.’s announcement this morning that it will pay $605 million to acquire Pinnacle vodka and Calico Jack rum from White Rock Distilleries has instantly transformed it into a leading vodka player in the U.S.—and Pinnacle also could become Beam’s biggest-volume brand in the U.S. market by year-end, overtaking its flagship Bourbon. Continue reading →
Posted in News on April 23, 2012Wine Nation Store Opens in Connecticut
Tom Trone’s second Wine Nation liquor store has opened in Norwalk, Connecticut. Continue reading →
Posted in News on April 23, 2012News Briefs for April 23, 2012
•After months of talks, Russian Standard has secured a deal to increase its stake in rival vodka producer Central European Distribution Corp. from 9.9% to 28% for up to $310 million. Continue reading →
Posted in News on April 23, 2012