Brown-Forman Slips 4% In Fiscal First Quarter
Brown-Forman continued to encounter challenging conditions in its fiscal first quarter through July, with sales down 4% organically to $1 billion and operating profit plunging 13% to $281 million. Continue reading →
Posted in News on August 29, 2024News Briefs for August 29, 2024
•RNDC is launching Republic Digital (REDI), billed as a new “digital accelerator” aimed at helping brands maximize their marketing efforts in the online space. Continue reading →
Posted in News on August 29, 2024Pete Carr Departing Bacardi After Illustrious Career
Longtime Bacardi executive Pete Carr is set to depart the family-owned drinks giant at the end of the month, capping an impressive career in which he led the company’s North America business and eventually rose to become global chief growth officer. Continue reading →
Posted in News on August 28, 2024Wine Spectator: James MacPhail Buys Back MacPhail Family Wines
If there’s such a thing as a feel-good winery acquisition, 2024 seems to be the year for them. Continue reading →
Posted in News on August 28, 2024News Briefs for August 28, 2024
•Casa del Sol, the Tequila brand cofounded by actress Eva Longoria, has struck a national distribution deal with Southern Glazer’s, under which SGWS will handle the label across 41 U.S. markets and Canada. Continue reading →
Posted in News on August 28, 2024Kroger-Albertsons’ $25 Billion Merger Heads To Court
Supermarket giants Kroger and Albertsons are facing off with the Federal Trade Commission (FTC) in a Portland, Oregon courtroom this week as they seek to defend their proposed $24.6 billion merger to create a massive new grocery operator. Continue reading →
Posted in News on August 27, 2024
