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

Monthly Archive: October 2016

Interview: Luxury Cognac Brand Camus Makes U.S. Push

With Cognac on fire in the U.S. market, the category leaders aren’t the only brands contributing to the upswing. Among the rising smaller players is Camus, an upscale, family-owned brand that sells 450,000 cases worldwide but has had a limited U.S. presence. That’s now changing, according to president Cyril Camus, who tells SND’s Daniel Marsteller that increased investment, the cocktail craze and the trend toward luxury spirits has created a favorable environment for expansion. Continue reading →

Posted in News on October 31, 2016

Laurent Perrier’s Owners Said To Be Exploring Stake Sale

The owners of Laurent-Perrier, one of the world’s biggest Champagne suppliers, are considering a stake sale, according to Bloomberg. Continue reading →

Posted in News on October 31, 2016

News Briefs for October 31, 2016

•Constellation Brands has agreed to purchase Grupo Modelo’s Obregon Brewery from Anheuser-Busch InBev (ABI) for $600 million. Continue reading →

Posted in News on October 31, 2016

Exclusive: Federal Prosecutors Dismiss Indictment Against RNDC In Alleged Smuggling Scheme

Five months after indicting Republic National Distributing Co. (RNDC) and three of its employees on federal charges of interstate liquor smuggling, the U.S. District Court for the District of Maryland has fully dismissed the indictment. Continue reading →

Posted in News on October 31, 2016

Breakthru Fights Back Against Empire Lawsuit, Prepares Motion To Dismiss

In September, Empire Merchants shocked the drinks industry when it filed suit against co-owner Charlie Merinoff and Breakthru Beverage CEO Greg Baird, claiming that they defrauded the company through their involvement in an interstate smuggling scheme. Continue reading →

Posted in News on October 28, 2016

News Briefs for October 28, 2016

•Last spring, renowned Los Angeles retailer Dennis Overstreet relocated The Beverly Hills Wine Merchant store to the Montage Hotel. Continue reading →

Posted in News on October 28, 2016

← Older posts