Monthly Archive: December 2014
While RumChata Keeps Rising, Baileys Tries To Keep Edge With New Initiatives
Repeating trends from last year’s holiday season, RumChata continues to advance quickly across the U.S. market, while Baileys is attempting to fend off its upstart rival with new product and advertising activity. Continue reading →
Posted in News on December 23, 2014News Briefs for December 23, 2014
•Crimson Wine Group has named Patrick DeLong as president and CEO, replacing Erle Martin, who stepped down in November. Continue reading →
Posted in News on December 23, 2014Craft Brewing and Distilling News for December 23, 2014
•Santa Rosa Beach, Florida’s Grayton Beer Company has entered the Alabama market with three of its craft beers, offered in 12-ounce bottles and on draft. Continue reading →
Posted in News on December 23, 2014Craft Distillers Look To Boost Canadian Whisky Category
This past March, Gruppo Campari spent around $180 million to acquire the fast-growing Forty Creek Distillery from John Hall, a pioneer in Canadian craft whisky. Continue reading →
Posted in News on December 22, 2014Wine Spectator: Could a Train Line Endanger the Sweet Wines of Sauternes?
A high-speed train project threatens to cut through historic Bordeaux vineyards in Graves and could damage the fragile ecosystem that produces the fog and the sweet wines of Sauternes and Barsac, Wine Spectator reports. Continue reading →
Posted in News on December 22, 2014Interview: Pierre Pringuet, CEO, Pernod Ricard
French spirits giant Pernod Ricard has undergone one of the drinks industry’s most dramatic expansions over the past 15 years—a transformation that coincided with the tenure of top executive Pierre Pringuet, who became the company’s co-CEO in 2000 and CEO in 2008. Following a series of blockbuster acquisitions in the 2000s—including Seagram (with Diageo) in 2001, Allied Domecq (with Fortune Brands) in 2005 and Absolut in 2008—Pernod has grown from being a mainly European powerhouse to become the second-largest spirits player worldwide. Company volume rose 4.2% to 128 million nine-liter cases in 2013, according to Impact Databank, while net sales were flat organically at €7.95 billion ($9.76b) in its fiscal year through June. With Pringuet set to hand the CEO reins to Alexandre Ricard on February 1, Shanken News Daily senior editor Daniel Marsteller met recently with the departing chief executive to discuss Pernod’s long-term progress and its opportunities for the future. Continue reading →
Posted in News on December 19, 2014
