Daily Archive: December 18, 2023
Interview, Part 2: Bacardi North America President Tony Latham
In the second part of our interview, Bacardi North America president Tony Latham discusses trends in the on-premise, innovation in Bourbon and Scotch, and potential M&A opportunities for the company, which ranks as the fifth-largest U.S. spirits player by volume at 17.8 million cases, according to Impact Databank. Continue reading →
Posted in News on December 18, 2023Report: U.S., E.U. Close To Extending Suspension Of Tariffs On American Whiskies
With time ticking down to avert a scheduled 50% tariff on American whiskies entering the E.U. on January 1, the Financial Times reports that negotiators are close to extending the current suspension of tariffs, in a win for U.S. distillers. Continue reading →
Posted in News on December 18, 2023FTC Delays Decision On Kroger-Albertsons Until Next Month
The FTC had been expected to rule on the proposed $25 billion merger of supermarket giants Kroger and Albertsons by the end of last week, but the issue has now been pushed until at least next month. Continue reading →
Posted in News on December 18, 2023News Briefs for December 18, 2023
•Pernod Ricard has announced “United is the New Gold,” the first U.S.-driven ad campaign for Chivas Regal. Continue reading →
Posted in News on December 18, 2023