Trade News Online provides timely industry content from the editors of Impact, Market Watch, Food Arts and Wine Spectator.

Brown-Forman Achieves Profit Growth With Spending Cuts
Brown-Forman’s net sales through the first nine months of its fiscal 2010 were down 1% to $2.49 billion against the same period in 2009, yet the company was able to grow its operating income 10% to $591.5 million by cutting spending.

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Ray Tye, Industry Leader And Major Philanthropist, Dies At 87
Ray Tye, Chairman Emeritus of United Liquors and one of Boston’s biggest philanthropists, died of cancer on March 10. He was 87.

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Diageo, Captain Dropped From Puerto Rican Day Parade Festivities
The chasm between Diageo and Puerto Rican organizations widened after National Puerto Rican Day Parade, Inc. announced it had dropped Diageo as a sponsor of its signature event, which will be held in New York City on June 13.

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Bacardi's Battles Being Debated In U.S. Senate, House
Two key issues involving Bacardi Ltd’s battles against competitors—specifically Diageo and Pernod Ricard—are now being discussed in both houses of the U.S. Congress.

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Constellation Downsizing Down Under In Favor Of U.K. Bottling Expansion
Constellation is moving to shift some wine packaging operations for the U.K. and Europe from Australia to its U.K. bottling plant in Avonmouth, western England.

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Distell's Two Oceans Extends Range, Refreshes Image
South African wine producer Two Oceans has rolled out two new varietals as well as a refreshed image across its portfolio.

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Diageo, CCE Mix Things Up In New Campaign
Coca-Cola Enterprises and Diageo Great Britain have launched a joint £4 million ($5.9m) campaign to boost spirit and mixer sales in the U.K.

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After Brief Interruption, Banfi’s Chilean Shipments Back On Track
Banfi, the largest importer of Chilean wines into the U.S., is resuming shipments from its San Antonio, Chile warehouse tomorrow (March 11), less than two weeks after a devastating earthquake tore through the country.

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RNDC Invests In New South Carolina Site
Republic National Distributing Company (RNDC) is set to invest $11.8 million over five years in a new 200,000-square-foot facility in Lexington County, South Carolina.

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Admiral Expands In Kosher Wine With Abarbanel, Layla Additions
Admiral Imports has signed a pact to become the exclusive U.S. importer of Abarbanel's kosher wine portfolio.

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