Monthly Archive: April 2016
Craft Brewing And Distilling News for April 13, 2016
•Anheuser-Busch InBev (ABI) has agreed to purchase Lexington, Virginia-based Devils Backbone Brewing for an undisclosed sum. Continue reading →
Posted in News on April 13, 2016Interview, Part 1: Tim Hassett, President, Americas, Beam Suntory
The third-largest spirits player nationally, Beam Suntory saw its U.S. volume climb by an estimated 1% to 21.7 million nine-liter cases in 2015, according to Impact Databank. Among its top brands, Jim Beam grew 3% to 4.3 million cases, while Sauza rose 4% to 2.2 million cases and Maker’s Mark advanced 6% to 1.4 million cases. Upscale whiskies Knob Creek, Basil Hayden’s and Laphroaig all increased by double-digits, while Pinnacle vodka declined slightly. Consumer goods veteran Tim Hassett was named president, North America, at Beam Suntory in 2014—the same year as Suntory’s $16 billion acquisition of Beam Inc.—and last year added responsibility for South America. SND senior editor Daniel Marsteller recently met with Hassett to look at Beam Suntory’s U.S. roadmap. Continue reading →
Posted in News on April 12, 2016Moët Hennessy Sales Rise 6% In First Quarter
Moët Hennessy posted an organic revenue increase of 6% to €1 billion ($1.1b) in the three months through March, representing the company’s fiscal first quarter. Continue reading →
Posted in News on April 12, 2016News Briefs for April 12, 2016
•Brown-Forman is launching a new whiskey brand, Coopers’ Craft, its first new Bourbon label in two decades. Continue reading →
Posted in News on April 12, 2016Craft Brewing And Distilling News for April 12, 2016
•Newport, Oregon-based Rogue Ales & Spirits has unveiled its first straight whiskey. Continue reading →
Posted in News on April 12, 2016Absolut And Grey Goose Map New Growth Strategies
Absolut and Grey Goose are two of the most iconic names in vodka, but both brands have seen tough sledding in the U.S. market in recent years. Continue reading →
Posted in News on April 11, 2016
