Tag Archive: Jim Beam

Leading Whiskies In The U.S. Aim To Restore Momentum

After a bull run over the past 15 years, whisk(e)y volume in the U.S. has slowed, with Impact Databank estimating that the total category—including flavored whiskies—was down 2% to 73 million cases last year (excluding flavors, the whisk(e)y category stands at 54.5 million cases). Still, high-end Bourbons and ryes eked out value gains as consumers continue to reach for premium and-above brands. Continue reading →

Exclusive: High Noon, Crown Royal Push U.S. Spirits Market To 29th Straight Increase

While conditions have been difficult in the U.S. market over the past year, the spirits category posted its 29th consecutive annual gain by volume, with depletions up 2.5% to 306.6 million 9-liter cases, according to Impact Databank. Continue reading →

Suntory’s Spirits Business Up Single-Digits In H1

Suntory Holdings saw revenues in its beverage alcohol unit, which includes Suntory Global Spirits, increase 3.5% to $3.4 billion in the first half of the year, with operating profit rising 18% to $725 million. Continue reading →

News Alert: Beam Suntory Rebranded To Suntory Global Spirits, Aiming For $10B In Sales

It’s now been a decade since Suntory Holdings agreed to acquire the former Beam Inc. for $16 billion. As Suntory marks that milestone, it’s rebranding Beam Suntory as Suntory Global Spirits to reflect the increasing globalization of the business and the ambitious goals it has set for the future. Among them, the company is aiming to roughly double Suntory Global Spirits’ sales to $10 billion by 2030. Continue reading →

Beam Suntory Names Constellation Veteran John Alvarado As Chief Brands Officer For The U.S.

Interview: Beam Suntory President And CEO Greg Hughes

Late last week, third-ranked global spirits marketer Beam Suntory posted full-year net sales up 7% to $5.6 billion.  Continue reading →