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Daily Archive: June 9, 2011

Brown-Forman Projects Improved U.S. Share This Year After 4 Percent Sales Rise In Fiscal 2011

Boosted by a strong second-half performance, Brown-Forman’s net income increased by 6% to $802 million for its fiscal year ended April 30th, while sales rose by 4% to $3.4 billion. Continue reading →

Posted in News on June 9, 2011

Remy’s Full-Year Profits Slide On Metaxa, As Sales Rise 12 Percent

Rémy Cointreau reported an 18% drop in net profit—from €86.3 million ($126.1m) to €70.5 million ($103m)—and a 14% decline in operating profit to €120.5 million ($175.1m), for the full year ended March 31, 2011. Continue reading →

Posted in News on June 9, 2011

Some Top Bordeaux Estates Release 2010 Futures Prices

What had been a rather sleepy en primeur campaign for the potentially tremendous 2010 vintage took on new life this week with the release of prices from a few top estates, according to James Molesworth’s blog on the Wine Spectator web site. Continue reading →

Posted in News on June 9, 2011

News Briefs for June 9, 2011

Diageo has acquired a 50% stake in Zacapa Rum, previously held by spirits producer Industrias Licoreras de Guatemala. Continue reading →

Posted in News on June 9, 2011