Monthly Archive: November 2015
Long known for the 8.3-million-case Yellow Tail brand, Deutsch Family Wine & Spirits has successfully diversified its portfolio in recent years, with so-called “low lux” wines—retailing in the $10-$25 segment—leading the way.
Rémy Cointreau’s net sales fell by 5.9% on an organic basis in its fiscal first half, largely due to ongoing challenges in China and an overall shipments decline amid a recent strategy shift undertaken by CEO Valérie Chapoulaud-Floquet. Continue reading →Posted in News on November 30, 2015
•Beam Suntory has agreed to sell its Spanish brandy and Sherry business to Emperador Inc. for €275 million ($292m). Continue reading →Posted in News on November 30, 2015
•Sebastopol, California’s Ace Cider is launching its newest offering, Space, to coincide with the upcoming release of the latest Star Wars movie. Continue reading →Posted in News on November 30, 2015
Terlato Wine Group and South Africa’s Distell Group are merging their U.S. spirits activities into a joint venture, SND has learned.
Diageo, which has made a concerted effort to cull its wine business in recent months, has taken another step in that direction by selling Bouvet Ladubay to a consortium featuring the Monmousseau family, which has managed the Loire-based sparkling wine producer since the 1930s. Continue reading →Posted in News on November 25, 2015