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Daily Archive: May 25, 2011

Talk Of A Cuervo Sale Abounds, But Tequila Leader Faces Battle As Competitors Grab Share

Jose Cuervo, the world’s largest Tequila brand, may be on the block, but with its growth essentially stalled despite Tequila’s continued expansion, rival brands like Sauza are also attracting interest. Continue reading →

Posted in News on May 25, 2011

Diageo Embarks On Restructuring, Eyeing Cost Cuts, Faster Growth

Diageo ceo Paul Walsh has initiated a review of the drinks giant’s operating model across its global business, intending to “focus on growth and create a more cost effective organization.” Continue reading →

Posted in News on May 25, 2011

News Briefs for May 25, 2011

• Christie’s has broken the record for the highest price ever paid for a 750ml bottle of Burgundy at auction with the $123,899 sale of a 1945 Domaine de la Romanée-Conti. Continue reading →

Posted in News on May 25, 2011