Monthly Archive: September 2014
Cider’s Surge: Angry Orchard Takes Category To New Level, As Brewing Bigs Play Catch-Up
Cider, which has long taken a backseat to beer and RTDs in the U.S. market, is in the midst of a growth surge. Continue reading →
Posted in News on September 30, 2014News Briefs for September 30, 2014
•Glenmorangie has released a new single malt, Taghta, which it says is the world’s first crowdsourced whisky. Continue reading →
Posted in News on September 30, 2014Craft Brewing and Distilling News for September 30, 2014
•Atlanta’s SweetWater Brewing has sold a minority stake to private equity firm TSG Consumer Partners. Continue reading →
Posted in News on September 30, 2014Interview: Annette Alvarez-Peters Of Costco
Beverage alcohol accounted for $3.1 billion of Costco’s sales total of $102.9 billion in its fiscal 2013 (September 2012-August 2013), with all three sectors showing healthy growth. Wine is leading the charge at 50% of beverage alcohol sales, with spirits taking 30% and beer 20%. SND recently caught up with Annette Alvarez-Peters, Costco’s assistant general merchandise manager for beverage alcohol, to get an update on trends at the retail giant. Continue reading →
Posted in News on September 29, 2014Treasury CEO Cites Debt, Regulatory Issues As Barriers To Deal
Following Treasury Wine Estates’ announcement yesterday that it had ended takeover talks with KKR and another suitor thought to be TPG Capital, Treasury CEO Michael Clarke noted on a conference call that, in addition to shareholder dismay at the A$5.20 ($4.54) a share price on offer, debt and regulatory issues impeded an agreement between the parties. Continue reading →
Posted in News on September 29, 2014News Briefs for September 29, 2014
•Anheuser-Busch InBev has made a number of moves across its global leadership team, including the appointment of a new president overseeing North America, effective next January 15. Continue reading →
Posted in News on September 29, 2014
