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901 Silver Tequila Launches Multimedia Campaign
901 Silver, a Tequila brand owned by performing artist Justin Timberlake, has unveiled its first multimedia campaign with the tagline “Tequila is Liberty.”
Moët Hennessy Sees Strong Rebound In H1
The wine and spirits division of LVMH enjoyed double-digit revenue and
profit growth in the first half of 2010, with its Champagne and Cognac
businesses both rebounding from a difficult 2009.
Economy Improves U.S. Premium Wine Sales
2010’s global economic recovery has contributed to improved premium wine sales in the U.S., according to a new report by Dutch financial firm Rabobank.
French Authorities Approve Four New Appellations
Earlier this month, France's INAO (Institut National des Appellations d'Origine) approved the creation of four new AOCs in Burgundy and the Rhône Valley.
Beam Cuts New Deal With RNDC In Indiana
Beam Global Spirits & Wine has reached a new agreement with Republic
National Distributing Company (RNDC) for distribution of its brands in
Indiana.
Sales Up, Vranken-Pommery Monopole Sounds Optimistic Note
Vranken-Pommery Monopole posted a 10% organic sales increase for the six months
through June, and is sounding more confident than its rivals about the
end of the trade-down trend.
Pernod Restructures Operations, Adds New Divisions
Pernod Ricard has reorganized several business divisions while simultaneously reshuffling the company’s executive roles.
Wine Council Slashes Basic Bordeaux Production
The Bordeaux Wine Council (CIVB) has ordered all chateaux producing low-cost, “basic Bordeaux” to drastically reduce their supply as part of the “Bordeaux Tomorrow” initiative.
Lalonde Moving From Louis Vuitton NA To Become CEO Of Moët & Chandon
Daniel Lalonde, currently president and ceo of Louis Vuitton North
America, has been appointed ceo of Maison Moët et Chandon.
Beam Sells Kuemmerling, Other Local Brands To Germany’s Henkell & Co
Beam Global Spirits & Wine has agreed to sell Kuemmerling liqueur, Fürst Bismarck korn/schnapps and Jacobi 1880 brandy to Wiesbaden-based Henkell & Co.
UV Vodka Introduces Sweet Green Tea Flavor
Phillips Distilling Co has added a Sweet Green Tea extension to its portfolio of successful UV Vodka flavors. The new flavor will be available in the U.S. this summer, retailing for $12.99 per 750ml bottle.
Portman Group Fights Mandatory Labeling
U.K. trade organization The Portman Group is urging government officials to uphold the drinks industry’s self-regulated labeling policy.
Premium Growth Drives Radico Khaitan Results
India’s Radico Khaitan says premiumization in the nation’s spirits
market helped it post strong sales and profit gains in the three
months through June.
In Midst Of Revamp, Profits Down At Glenmorangie
Moët Hennessy’s Glenmorangie Co unit saw earnings slide in 2009, as it
continued to shift away from the blended Scotch and third-party bottling business in favor of heavier investment and focus on core brands.
Bacardi Introduces Bénédictine D.O.M’s The Black Monk
Bacardi’s French liqueur Bénédictine D.O.M is celebrating its 500th anniversary with the launch of a limited edition extension, The Black Monk.
Champagne Producers Increase Harvest For 2010
Champagne producers and houses have agreed on a 2010 harvest yield of 10,500 kilograms (23,150 pounds) per hectare—an increase from the 700 kilograms (1,500 pounds) per hectare harvest of 2009.
Strong Second Half Leads Pernod To FY Sales Increase
In a trading update issued today, Pernod Ricard said like-for-like
sales increased 2% in the 12 months through June, buoyed by a 9% rise
in the second half of its fiscal year.
Cognac, Champagne Rebounds Boost Rémy Q1
Turnover for Rémy Cointreau rose 19.3% on an organic basis to €170.9
million ($221m) in the three months through June, as Rémy Martin
continued to flourish and its Champagnes’ sales rebounded.
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