Daily Archive: July 29, 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, 2016
