Yearly Archive: 2024
Daou Acquisition, Luxury Growth Boost Treasury Americas, As Sales Top $660 Million
Treasury Wine Estates saw solid growth in its luxury wine brands—including new acquisition Daou—drive sales in its Americas division to A$1 billion ($660m) in the 12 months through June. Continue reading →
Posted in News on August 15, 2024Suntory’s Spirits Business Up Single-Digits In H1
Suntory Holdings saw revenues in its beverage alcohol unit, which includes Suntory Global Spirits, increase 3.5% to $3.4 billion in the first half of the year, with operating profit rising 18% to $725 million. Continue reading →
Posted in News on August 15, 2024Kobrand Confirms Aguero As Incoming CEO
Following yesterday’s report, Kobrand has confirmed to SND that Jackson Family Wines veteran Marcelo Aguero will become its new chief executive in September, replacing the retiring Bob DeRoose. Continue reading →
Posted in News on August 15, 2024News Briefs for August 15, 2024
•Palm Bay International is launching a new flavored gin from the Drumshanbo Gunpowder brand. Continue reading →
Posted in News on August 15, 2024Charlie Wagner Of Caymus Takes Majority Stake In Craft Distiller Dry Fly
Charlie Wagner of Caymus Vineyards and Wagner Family of Wine has acquired a majority stake in Spokane, Washington-based craft spirits player Dry Fly Distilling for an undisclosed sum. Continue reading →
Posted in News on August 14, 2024Report: Kobrand Taps Jackson Family’s Aguero As New CEO
New York-based importer and marketer Kobrand is set to come under new leadership, as Jackson Family Wines veteran Marcelo Aguero has reportedly been named president and CEO, effective September 9, replacing longtime chief executive Bob DeRoose, who is retiring after four decades with the company. Continue reading →
Posted in News on August 14, 2024
