Monthly Archive: July 2016
Despite Tough Competition, Stoli Sees U.S. Turnaround
While aggressive competition is rife in the premium vodka segment, Stoli Group USA has led its namesake vodka brand back to growth over the past two years, reversing a multi-year decline. Continue reading →
Posted in News on July 29, 2016ABI Posts Profit Slide As Chinese Regulators Approve SABMiller Deal
AB InBev (ABI) reported a U.S. volume decline of 0.3% to 54 million hectoliters for the first half of the year, but the brewing giant achieved a 1.2% organic revenue rise to $6.9 billion and normalized EBITDA of $2.8 billion. Continue reading →
Posted in News on July 29, 2016Craft Brewing and Distilling News for July 29, 2016
•Stroh Brewery Company, part of the Pabst Brewing portfolio, is set to begin brewing again in its hometown of Detroit beginning next month. Continue reading →
Posted in News on July 29, 2016Diageo Enjoys Rebound In 2016, As Nearly Every Major Brand Posts Growth In U.S.
Diageo’s spirits portfolio enjoyed a strong turnaround in the U.S. market in fiscal 2016, as nearly every major brand in its lineup posted organic sales growth—including an array of brands that lost ground a year ago. Continue reading →
Posted in News on July 28, 2016Country Star Zac Brown’s New Wine Label Tops The Nielsen Charts
Last year, Delicato Family Vineyards formed a partnership with Grammy Award-winning country music star Zac Brown to create a new California wine. Continue reading →
Posted in News on July 28, 2016Campari Looks To Offload Marnier-Lapostolle Wine Business, French Villa
After gaining control of Société des Produits Marnier Lapostolle S.A. (SPML) in a deal worth about $760 million, Gruppo Campari is preparing to divest the Marnier-Lapostolle wine business—including Chile’s Casa Lapostolle and the Loire’s Chateau de Sancerre—as well as a villa in the South of France worth an estimated $330 million. Continue reading →
Posted in News on July 28, 2016
