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

Daily Archive: May 15, 2014

Bacardi Appoints IMG’s Dolan As Interim CEO

Bacardi Ltd. has appointed Michael Dolan as its interim CEO. Continue reading →

Posted in News on May 15, 2014

As Competition Intensifies, Grey Goose Looks To Reignite Growth

Long one of the drinks industry’s most revered brands, Bacardi Ltd.’s Grey Goose has seen growth slow in recent years, and the upscale vodka label is now confronting perhaps its staunchest challenges to date in the form of intensifying competition in the vodka category and consumers’ tilt toward brown spirits. Continue reading →

Posted in News on May 15, 2014

New Beam Suntory Unit Aiming For $10 Billion In Sales By 2020

Following its blockbuster $16 billion acquisition of Beam Inc., which closed late last month, Suntory has set out ambitious goals both for its new Beam Suntory drinks unit and its overall business. Continue reading →

Posted in News on May 15, 2014

News Briefs for May 15, 2014

•Rumors continue to swirl that Treasury Wine Estates will part with its U.S. operation, but the company insists it has no intention of selling that business. Continue reading →

Posted in News on May 15, 2014

Craft Brewing and Distilling News for May 15, 2014

•Chandler, Arizona-based SanTan Brewing Company has partnered with distributor Ben E. Keith to enter the Texas market. Continue reading →

Posted in News on May 15, 2014