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

Monthly Archive: January 2016

Interview, Part 1: Marc Taub, President And CEO, Palm Bay International

Led by its Cavit brand from Italy—the second-largest imported wine in the U.S. market—Palm Bay International continues to expand its 5.8-million-case portfolio with an eye toward moving further upscale. Shanken News Daily senior editor Daniel Marsteller recently met with Palm Bay president and CEO Marc Taub to get his views on the ongoing premiumization push, as well as the U.S. market outlook for 2016. Continue reading →

Posted in News on January 29, 2016

Pernod Acquires Control Of Fast-Rising Monkey 47 Gin

With high-end gin far outpacing overall category growth, Pernod Ricard has obtained control of Monkey 47, one of gin’s most dynamic performers in recent years. Continue reading →

Posted in News on January 29, 2016

News Briefs for January 29, 2016

•Mega-retailer Kroger is doing away with its beverage alcohol “category captain” system and will instead tap Southern Wine & Spirits to oversee its shelf displays, according to a report in the Wall Street Journal. Continue reading →

Posted in News on January 29, 2016

Craft Brewing and Distilling News for January 29, 2016

•Cape Coral, Florida’s Wicked Dolphin Distillery has partnered with Tampa-based Cigar City Brewing to create the inaugural rum release in its Wicked Dolphin Brewer’s Series. Continue reading →

Posted in News on January 29, 2016

Diageo Sales, Volume Slip In U.S., But Leading Brands Improve

Diageo’s U.S. spirits volume declined by 2% in its fiscal first half, amid the company’s decision to dramatically reduce shipments of new products such as Ciroc Apple. Continue reading →

Posted in News on January 28, 2016

Ste. Michelle Revenues Jump 8% In 2015

Ste. Michelle Wine Estates saw demand continue to rise for its Washington-led wine portfolio last year, as its net revenues for 2015 increased 7.6% to $692 million on a shipment rise of 6.2% to 8.9 million cases. Continue reading →

Posted in News on January 28, 2016

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