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French giant continues culling to trim debt
Posted: July 28, 2009 By Curtiss Gibson
Pernod Ricard has agreed to sell Tia Maria liqueur to Italy’s Illva Saronno for €125 million ($176m).
Posted: July 27, 2009
Bacchus Capital Management LLC has appointed Quinton Jay to the position of Managing Director. Jay brings 15 years of experience in the winery business, and he joins San Francisco-based Bacchus from his most recent position as Vice President and General Manager of Artesa Winery and Vineyards.
Posted: July 27, 2009 By Dan Marsteller
Constellation Brands is consolidating its U.S. wine and spirits business under fewer distributors in 19 markets via new multi-year deals with Southern Wine & Spirits, Republic National Distributing Co, National Wine & Spirits and Johnson Brothers Liquor Co.
Will market Landy Cognac, eyeing other brands
Posted: July 16, 2009 By Dan Marsteller
Roughly a year after it jumped into the domestic wine market by taking on sales and marketing of Geyser Peak and other former Beam Wine Estates brands, prominent U.S. wine importer W.J. Deutsch & Sons, Ltd.
Posted: July 9, 2009 By Curtiss Gibson
Tim Condron is joining Southern Wine & Spirits as Vice President of Sales and Marketing for the Beam Global portfolio. In his new role, Condron will oversee SWS's distribution of the Beam portfolio in 21 states.
Posted: July 1, 2009 By Dan Marsteller
Constellation Brands faced a tough economic climate in key markets as well as currency fluctuations in the first quarter of its fiscal year (ended May 31), as revenue fell 15% to $791.6 million. Net income also dropped sharply to $6.
Replaces Outgoing CEO Roland van Bommel on August 10
Posted: June 19, 2009 By Dan Marsteller
Longtime Bacardi executive Stella David has been named the successor to departing William Grant & Sons ceo Roland van Bommel, who is stepping down after nearly five years at the helm. Most recently, David was global chief marketing officer for Bacardi Ltd.
Posted: June 16, 2009 By Curtiss Gibson
Sonoma's Don Sebastiani & Sons has released The Crusher, a new line of wines developed in conjunction with Wilson Family Vineyards that are meant to celebrate the relationship between the grower and winemaker.
Posted: June 10, 2009
Ketel One Worldwide, the joint venture between the Nolet Group and Diageo, announced a new $12 million ad campaign for Ketel One vodka. Titled "Gentlemen, This is Vodka," the campaign will be the first to bring Ketel One to the national television stage.
Posted: June 10, 2009 By Peter Zwiebach
Diageo and Marnier Lapostolle have formed a pact through which the world's biggest spirits marketer will handle Grand Marnier in 61 markets across Europe—including Russia and former CIS countries—as well as in travel retail.
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