Remy Reports "Strong Start" to FY Despite Drop in US Depletions
FILED JULY 20, 2017 Remy Cointreau reported a strong start to the fiscal year, with global organic sales up 8% for the first quarter ended June 30. However, US depletions (sales to retailers) were in the red thanks to a particularly high basis for comparison, cfo Luca Marotta explained in this morning's earnings call. Read More
Mark Brown on Where to Place Your Bets in the Long Run
FILED JULY 19, 2017 To kick off the annual Tales of the Cocktail conference this week, Sazerac chief Mark Brown shared some timely predictions and insight during a state of the industry talk. Read More
Coppola Doubles Marketing Spend on New Digital Campaign
FILED JULY 18, 2017 The Family Coppola has long been challenging wine industry norms in the name of progress. This year it is rolling out new messaging that focuses on adventure, travel and food with an increased investment behind digital and on-location experiences. Read More
Maximizing the Impact of Online Marketing Content
FILED JULY 17, 2017 As of Q4 2016, the e-commerce channel represented $102.7 billion in total retail sales, per Nielsen data. To conclude our series on e-commerce (for now, at least), we'll look at the strategies alcohol brands can use online to influence shopper behavior and engage with online retailers, per a recent Profitero white paper. Read More
Alert: Breakthru, Allied Beverage to Merge in NJ
FILED JULY 14, 2017 Breakthru Beverage Group has merged with Allied Beverage in New Jersey. With combined revenues of $1 billion, the new entity will operate under the name Allied Beverage Group and have about 60% share of the market in the franchise state. Read More
Amazon, Whole Foods Union Challenged by Lawmakers and Shareholders
FILED JULY 14, 2017 Unless you've been on sabbatical this summer, you'll recall Amazon agreed to buy Whole Foods last month for $13.7 billion. And when a juggernaut like Amazon makes its largest transaction to date, it's bound to result in a few raised eyebrows. This week produced some of its first tests - a potential antitrust hearing and a class action lawsuit. Read More
Pernod Sells Glenallachie Business
FILED JULY 13, 2017 Having sold the BenRiach business to Brown-Forman last year, co-founder Billy Walker is moving on to his next project via the formation of a consortium to buy Pernod Ricard's Glenallachie business. The Glenallachie Consortium includes Billy, Graham Stevenson, the MD of Inver House Distillers, and Trisha Savage, a veteran distiller who worked alongside Billy at Burn Stewart Distillers and BenRiach, reports the Herald Scotland. Read More
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