Monthly Archive: April 2014
Diageo’s Sales Slip 1.3% On Emerging Market Woes, But North America Still Shows Growth
Diageo posted a global sales decline of 1.3% for the three months through March, as economic weakness across emerging markets was only partially offset by continuing progress in North America and Europe Continue reading →
Posted in News on April 17, 2014Rémy Cointreau’s Full-Year Sales Fall 11%, Even As U.S. Premiumization Continues
Rémy Cointreau has reported an organic sales decline of 10.7% to €1.03 billion ($1.43b) for the financial year ended March 31. Continue reading →
Posted in News on April 17, 2014News Briefs for April 17, 2014
•Proximo Spirits’ 1800 Tequila has introduced 1800 Milenio, an ultra-premium extra-aged offering. Continue reading →
Posted in News on April 17, 2014Craft Brewing and Distilling News for April 17, 2014
•Arizona’s SanTan Brewing has partnered with Reyes Beverage Group to expand into the Southern California market. Continue reading →
Posted in News on April 17, 2014ABC Fine Wine & Spirits Modernizes And Consolidates To Keep Pace With Florida Trends
Orlando-based ABC Fine Wine & Spirits continues the massive modernization plan it began several years ago and has consolidated its business in the Sunshine State to 142 units from a previous high of 200 (14 years ago). Chairman & CEO Charles Bailes notes, “It’s not a numbers game anymore in terms of number of stores. I pay attention to sales and obviously to our bottom line.” ABC’s sales are on the rise, despite increased competition from rival chain operators and grocery stores. Its total revenues last year reached an estimated $500 million. Bailes recently spoke with SND about Florida trends and ABC’s role within the market. Continue reading →
Posted in News on April 16, 2014Wild Turkey Opens New Visitors Center, Unveils Limited Edition Bourbon
Gruppo Campari has crowned its $100 million investment in Wild Turkey with the opening of its new Wild Turkey visitor center on the Kentucky Bourbon Trail in Lawrenceburg. Continue reading →
Posted in News on April 16, 2014
