Alert, TTB Delivers Ruling on Category Management
FILED FEBRUARY 11, 2016 After years of studying and unanimous prodding from industry trade groups, the TTB has issued a ruling on retail category management and tied-house laws. The ruling is about seven pages long, but the main act is the parts that relate to the recent controversy over Kroger and Southern Wine & Spirits' category management concept [see WSD 12-11-2015]. Read More
Things Looking Up for Pernod in H1
FILED FEBRUARY 11, 2016 Coming off a sluggish performance from the prior year, Pernod Ricard regained some momentum for its first half ended December 30. Organic sales in the US were up 3% for the half (compared to negative trends the prior year). The earnings call with Pernod leadership this morning spanned a variety of topics in addition the usual brand performances, including more on organizational changes, where things stand with Havana Club and recent distribution consolidation news. Read More
Alert, Paul Duffy Returns as Pernod Ricard's US Chief
FILED FEBRUARY 11, 2016 In line with its first half results ending December 30, 2015, Pernod Ricard announced a number of management shuffles this morning. Most notably for the U.S., Paul Duffy is returning as chairman and ceo of Pernod Ricard North America, and chief of Pernod Ricard USA. Bryan Fry, currently managing director of PRUSA is appointed managing director of the company's Pacific business and will report to the chairman and ceo of Pernod Ricard Winemakers. All appointments are effective July 1st, 2016. Read More
Southern Glazer's Expands Footprint into Nebraska, possibly SD and ND
FILED FEBRUARY 10, 2016 Southern Wine & Spirits is setting up shop in Nebraska with the acquisition of Omaha-based Sterling Distributing Company. Once the Southern-Glazer's transaction closes in the second quarter, Sterling will be integrated into the new footprint. Read More
Survey: 70% of Suppliers Reevaluating Route to Market
FILED FEBRUARY 9, 2016 The major consolidation moves in the distribution tier -- i.e. Southern Wine & Spirits and Glazer's, and Charmer Sunbelt Group and Wirtz Beverage -- is easily one of the biggest beverage alcohol stories of 2016. The effects on the distribution tier probably won't be clear until we get some distance away from the announcements, but there have already been some route to market changes (or renewals) from a few of the category's biggest suppliers. Read More
Foley to Acquire Chalone
FILED FEBRUARY 8, 2016 Foley Family Wines has acquired Diageo's last wine interest Chalone Estate Vineyard. The acquisition includes Chalone and Gavilan brands, as well as 1,000 acres of land - 240 of which are planted with wine grapes. The Chalone brands are 100% estate grown and sourced from the oldest producing vineyards in Monterey County. Read More
Casa Cuervo Takes Aim at Upscale Tequila Category
FILED FEBRUARY 5, 2016 The Beckmanns, the family behind Jose Cuervo, have given a rare on-record interview about their plans to create a Napa-Valley-style tourist destination in Tequila and grow their presence in the high end. Amid the claims that nearby cartels "tend to leave tourists alone," the family revealed a few interesting nuggets about the company. Read More
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