Posted: July 28, 2010 By Dan Marsteller
Beam Global Spirits & Wine has agreed to sell Kuemmerling liqueur, Fürst Bismarck korn/schnapps and Jacobi 1880 brandy to Wiesbaden-based Henkell & Co.
Posted: July 28, 2010 By Dan Marsteller
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.
Posted: July 27, 2010 By Dan Marsteller
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.
Posted: July 27, 2010 By Dan Marsteller
Beam Global Spirits & Wine has reached a new agreement with Republic National Distributing Company (RNDC) for distribution of its brands in Indiana.
Posted: July 26, 2010 By Dan Marsteller
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.
Posted: July 26, 2010 By Dan Marsteller
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.
Posted: July 23, 2010 By Dan Marsteller
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.
Posted: July 22, 2010 By Dan Marsteller
Daniel Lalonde, currently president and ceo of Louis Vuitton North America, has been appointed ceo of Maison Moët et Chandon.
Posted: July 22, 2010 By Dan Marsteller
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.
Posted: July 21, 2010 By Dan Marsteller
Champagne house Laurent-Perrier saw volume surge in the three months through June, but down-trading has proved a stubborn trend in the market.
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