Monthly Archive: July 2018
Cuervo’s U.S. Sales Slip In Second Quarter As Distributors Reduce Inventories
Grupo Cuervo saw its North America volume drop 7% to 3.6 million cases in the three months through June, while net sales slipped 0.4% to MXN$5 billion ($267.6 million) compared to the previous year. Continue reading →
Posted in News on July 26, 2018Bill Street, Longtime President Of Brown-Forman, Passes Away At Age 79
This morning, Brown-Forman announced the death of longtime executive Bill Street, who died after a long battle with cancer. Continue reading →
Posted in News on July 26, 2018News Briefs for July 26, 2018
•Washington state-based Ste. Michelle Wine Estates is enjoying a solid rebound so far in 2018, posting a net revenue rise of 6.2% to $308 million for the six months ended June 30. Continue reading →
Posted in News on July 26, 2018News Alert: Gallo Expands In Upscale Spirits, Adding Diplomático Rum To Portfolio
E.&J. Gallo is upping its presence in the luxury spirits category, agreeing to become the new U.S. importer for Venezuela’s Diplomático rum brand. Continue reading →
Posted in News on July 25, 2018World Whiskies Draw Increased Attention From U.S. Consumers
While Bourbon, Irish, Canadian, and Scotch whiskies are benefiting from the brown spirits boom, world whiskies from countries like Japan, India, France, and Australia are rapidly developing a profile. Continue reading →
Posted in News on July 25, 2018News Briefs for July 25, 2018
•Moët Hennessy enjoyed a strong first half of 2017, with revenues up 7% on an organic basis to €2.3 billion ($2.7b) and profit from recurring operations increasing 7% to €726 million ($848m). Continue reading →
Posted in News on July 25, 2018
