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

Daily Archive: September 2, 2020

News Alert: Beam Suntory Expands In RTD Cocktail Segment With On The Rocks Acquisition

Beam Suntory is bolstering its position in one of the fastest-growing areas of the drinks market, agreeing to acquire premium RTD cocktail brand On The Rocks for an undisclosed sum. Continue reading →

Posted in News on September 2, 2020

Pernod Posts Sales Down 9.5% For Fiscal Year, But Sees Resilience In U.S.

Pernod Ricard’s sales declined 9.5% to €8.4 billion ($10b) in its fiscal year through June, including a 25% drop in the second half owing to the market disruptions brought on by Covid-19. Continue reading →

Posted in News on September 2, 2020

Brown-Forman’s Sales Increase 3% In First Quarter Despite Tough Conditions

Brown-Forman saw its underlying net sales grow 3% to $755 million for its fiscal first quarter with underlying operating income up 15% to $387 million. Continue reading →

Posted in News on September 2, 2020

Wine Spectator: Straight Talk With Southern Glazer’s Terry Arnold

Terry Arnold probably didn’t realize it when he joined the U.S. Army straight out of college, but his greatest weapon throughout life has been his people skills. Continue reading →

Posted in News on September 2, 2020

News Briefs for September 2, 2020

•Healdsburg, California-based Rodney Strong Wine Estates has debuted Knotty Vines, a new premium-priced brand. Continue reading →

Posted in News on September 2, 2020

Craft Brewing and Distilling News for September 2, 2020

•Escondido, California’s Stone Brewing has hired Maria Stipp as CEO, effective September 14. Continue reading →

Posted in News on September 2, 2020