Daily Archive: February 3, 2014
Exclusive: Treasury’s Fast-Rising Matua Takes Aim At On-Premise With New Upscale Tier
One of the fastest-growing brands in the vibrant New Zealand wine category, Treasury Wine Estates’ (TWE) Matua label was up 34% to 184,000 cases in the U.S. last year, according to Impact Databank. Continue reading →
Posted in News on February 3, 2014Biggest Beam Shareholder Slashes Stake
Activist investor Bill Ackman has slashed his stake in Beam Inc. following news of Suntory’s planned $16 billion acquisition of Beam. Continue reading →
Posted in News on February 3, 2014News Briefs for February 3, 2014
•Moët Hennessy has posted a global revenue increase of 1.2% to €4.19 billion ($5.7b) for 2013 (on an organic basis, revenues were up a buoyant 6%). Continue reading →
Posted in News on February 3, 2014Craft Brewing and Distilling News for February 3, 2014
•New Belgium Brewing, best known for its Fat Tire Amber Ale, is entering the Mississippi market next month. Continue reading →
Posted in News on February 3, 2014