Daily Archive: October 31, 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, 2016Laurent 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, 2016News 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, 2016Exclusive: 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
