Exclusive news and research on the wine, spirits and beer business

Daily Archive: August 25, 2011

Diageo Rides Premium Progress To 3 Percent U.S. Sales Growth For FY

Despite continuing economic headwinds, Diageo rode improved operating margin driven by cost cuts and a marketing push behind its key brands to solid sales growth in the U.S. market in its fiscal full year, ended June 30. Continue reading →

Posted in News on August 25, 2011

Glazer’s Set To Acquire San Antonio’s Halo To Reach New Heights In Beer Distribution

Glazer’s Distributors, already one of the U.S. market’s top 25 beer wholesalers (and one of the five largest spirits and wine wholesalers), looks as if it will soon be getting significantly larger. Continue reading →

Posted in News on August 25, 2011

Italian Wine Imports Expanding Rapidly In 2011

Italian wine exports to the U.S. market jumped by roughly 23% in both volume and value during the first five months of 2011, according to the Italian Wine & Food Institute, which adds that Italian wine accounted for 31.3% of U.S. imported wine market volume during that period. Continue reading →

Posted in News on August 25, 2011

News Briefs for August 25, 2011

•According to Bordeaux trade group Le Conseil Interprofessionnel du Vin de Bordeaux (CIVB), the region is set to experience a 35% rise in annual turnover—from around €3.4 billion ($4.9b) to €4.6 billion ($6.6b)—within the next five years. Continue reading →

Posted in News on August 25, 2011