Pernod Tightens Alignment with Southern and RNDC
FILED APRIL 23, 2014 WSD has learned that Pernod Ricard USA has extended its distribution contracts with both Republic National Distributing Company and Southern Wine & Spirits, effective July 1. In strengthening these two relationships, PR USA will be able to "better capitalize on such key business drivers as innovation, multicultural marketing, digital media and the growth of chain stores," says PR USA chief Bryan Fry. Read More
Could a Juice Lawsuit Have Implications for the Alcohol Industry?
FILED APRIL 22, 2014 Yesterday, the US Supreme Court heard arguments in a case that could significantly impact the way all food and beverage products are marketed. The case is Pom Wonderful v. Coca-Cola and even though these are two non-alcoholic beverage companies, the outcome could potentially spill over into the alcohol industry. Read More
Suntory Moving Alcoholic Beverage HQ to US
FILED APRIL 21, 2014 A source confirmed to WSD that Suntory Holdings is moving the headquarters for its alcoholic beverage business to the US after reports from Japan surfaced over the weekend. The paper also claims Beam will become a subsidiary called Beam Suntory, which will be headed by current Beam chief Matt Shattock. Yasunori Aiba, Suntory Holdings executive vp and president of Suntory Liquors, will join the directorial board of the new company. Read More
WSJ: Bill Newlands and Others Leaving Beam
FILED APRIL 18, 2014 The Wall Street Journal is reporting that three executives have signaled their "intention to resign" from Beam Inc. in the wake of the Suntory Holdings acquisition. Bill Newlands, president of the North American region and cfo Bob Probst will resign effective May 31, and corporate controller Leo Mierzwicki is resigning as of July 10. Read More
3-Liter Boxed Wine Trends Soar in 2014
FILED APRIL 18, 2014 In perusing the latest IRI data, we noticed that 3-liter boxed wine has been one of the standout performers in 2014. For instance, sales for the category are up 14.6% and volumes grew 11.4% year-to-date through March 23 in all IRI-measured channels. As a result, the category has grown its dollar share 0.24 points to represent nearly 3 points of the wine category. As for volumes, the category holds about 4.6 points and gained 0.37 points. Read More
Remy Cointreau, Diageo see Growth in Americas Amid Emerging Markets Slump
FILED APRIL 17, 2014 On a macro level, Remy Cointreau's fourth quarter was largely a continuation of the struggles in the third quarter as trouble in China persisted. As a result, the group's global organic sales plunged 11% for the year ended March 31. But on the bright side, Remy's Liqueurs and Spirits division delivered 9.3% growth for the year in the Americas. Read More
The Spirits Categories Bucking Premiumization, Craft Trends On-Premise
FILED APRIL 16, 2014 We regularly report on overall wine and spirits trends on-premise. As such, you're likely familiar with the fact that brown spirits are hot and so is craft, premiumization is going strong and fine dining is the healthiest channel. However, Guest Sciences chief Bill Pecoriello --- recall, GuestMetrics and Restaurant Sciences merged to form Guest Sciences --recently gave a presentation at the Vibe conference that dug into these trends and teased out some interesting idiosyncrasies. Today, we'll look at: which spirits categories specifically are driven by premiumization, in which day-parts each category is the strongest, and the amount of share craft spirits take up in each category. Read More
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