Tag Archive: Crown Royal
Debra Crew Named CEO At Diageo, Menezes To Step Down June 30
Diageo has announced that Sir Ivan Menezes will retire as Chief Executive Officer and depart from the Diageo board on June 30, after leading the drinks giant for a decade. Continue reading →
Posted in News on March 28, 2023Retail Players Adapt To Pricing Fluctuations, Fast-Changing Trends
Beverage alcohol retailers are planning to capitalize this year on projected steady growth trends for Tequilas, Bourbons, and Irish whiskies, but spirits-based RTDs appear to be the catalyst poised to spearhead industry gains. Continue reading →
Posted in News on February 8, 2023Provi Weighs In On E-Commerce Trends
Mirroring the broader market, online beverage alcohol marketplace Provi has reported a surge in spending for spirits-based RTDs like High Noon Sun Sips over the past year, according to its annual Pulse report highlighting developments in B2B e-commerce. Continue reading →
Posted in News on January 30, 2023Diageo’s Sales Rise 9% To $11.6 Billion In Fiscal First Half
Diageo saw net sales increase 9% on an organic basis to approximately $11.6 billion during its fiscal first half ended in December, as organic operating profit rose 9.7% to just under $4 billion. Premium-plus brands contributed 57% of reported net sales and drove 65% of organic net sales growth, with the company seeing global gains across most categories, led by Scotch, Tequila, and beer. Continue reading →
Posted in News on January 26, 2023Diageo Backs Crown Royal With Super Bowl Ad
Diageo-owned Crown Royal, the second-largest spirits brands in the U.S. in retail dollar terms and fourth-largest by volume, according to Impact Databank, is set to receive a Super Bowl ad effort. Continue reading →
Posted in News on January 10, 2023Exclusive: U.S. Spirits Market Climbs 6% In 2022, Boosted By RTDs
After a period of drastic market fluctuations brought on by the pandemic, the U.S. spirits category began to restore its equilibrium last year, as the on-premise roared back to health and the retail segment came back to Earth after two years of outsized gains. Continue reading →
Posted in News on January 3, 2023
