Swedish company Vin & Sprit, makers of Absolut vodka, posted a net profit loss of 6% in its 3rd-quarter earnings today. The recent acquisition of rum producer Cruzan and the purchase of a 10% stake in Beam Global Spirits & Wine (owned by Fortune Brands) negatively impacted the company – especially after Beam acquired several … Continue reading "VIN & SPRIT STRUGGLE IN Q3"