Tag Archive: Australia
News Briefs for September 26, 2011
•E&J Gallo continues to leverage the sports sponsorship promotional route for its Camarena Tequila brand, today announcing the renewal of a deal with the Dallas Cowboys to grant Camarena rights to game-day radio exposure and the Cowboys’ name and logos, as well as a new exclusive promotional space to be unveiled inside Cowboys Stadium. Continue reading →
Posted in News on September 26, 2011Treasury Begins Reorganization With Naming Of New Rosemount MD
Treasury Wine Estates has begun its move toward a more brand-focused organizational structure, which will see five new brand managing director positions and a chief supply officer created on its executive team “to complement the already existing regional and corporate structure,” in the words of the company. Continue reading →
Posted in News on September 12, 2011Table Wines Priced At 9 Dollars And Above Show Double-Digit Growth For Year Through August 20, Nielsen Says
Table wines retailing at $9 and over a 750-ml. bottle grew 10.9% by volume and 10.1% by value for the 52-week period ending August 20, according to the latest Nielsen numbers. Continue reading →
Posted in News on September 8, 2011Treasury Wine Estates Sees Profits Rise In FY, But U.S. Volume Slides
Treasury Wine Estates returned to profit in the 12 months through June, its fiscal full year, turning in a net gain of A$64.1 million ($67m), but net sales on a pro forma basis (excluding effects from Treasury’s recent demerger from Foster’s Group) slid 7% to A$1.8 billion ($1.88b), and volume was down 6.6% to 33.2 million nine-liter cases. Continue reading →
Posted in News on August 22, 2011SABMiller Takes Foster’s Bid Directly To Shareholders
After receiving a cold shoulder on its initial June buyout bid from the board of Australian beer market leader Foster’s, SABMiller has now put the same offer, A$4.90 ($5.17) per share, or A$9.51 billion ($10b) in total, directly to the brewer’s shareholders in a conditional, off-market, cash takeover bid. Continue reading →
Posted in News on August 17, 2011News Briefs for August 5, 2011
•The Pennsylvania Liquor Control Board’s (PLCB) wine kiosk initiative in PA grocery stores may soon come to an end, according to a report in the Philadelphia Inquirer. Continue reading →
Posted in News on August 5, 2011
