Posted: July 7, 2010 By Christina Jelski
After expressing interest in acquiring the Ukrainian vodka firm Nemiroff in recent weeks, Central European Distribution Corporation (CEDC) has withdrawn from the bidding.
Posted: July 6, 2010 By Christina Jelski
Diageo is using maturing Scotch whisky assets to help bridge a gap in the company’s pension layout.
Posted: July 6, 2010 By Dan Marsteller
Diageo is launching two ready-to-drink cocktails, J&B Manhattan and Pampero Mojito, in European markets this summer, as consumption continues to shift to the off-premise.
Posted: July 2, 2010 By Dan Marsteller
Despite an excise increase on wine taking effect July 1st, 84% of New Zealand wineries surveyed by the New Zealand Winegrowers trade group will not raise prices.
Posted: July 2, 2010 By Christina Jelski
William Grant & Sons completed its acquisition of C&C Group’s spirits and liqueurs division today, having agreed to the €300 million ($367m) proposal in March.
Posted: July 1, 2010 By Christina Jelski
Reporting positive results in its 2011 fiscal first quarter statement today, Constellation Brands has upped profits by 13% to $96 million for the three months to the end of May.
Posted: July 1, 2010 By Dan Marsteller
Continuing to cull non-core assets, Pernod Ricard has sold its shares in Spain’s Ambrosio Velasco to Diego Zamora for €33.1 million ($41.2m) in cash.
Posted: July 1, 2010 By Dan Marsteller
Pernod Ricard’s Chivas Brothers unit is giving its Aberlour single malt a bottle makeover this year in an effort to upweight its premium cues and “develop a visual consistency across the range.”
Posted: June 30, 2010 By Dan Marsteller
Upstart ultra-premium Avión is making its debut in New York and California, partnering with Empire Merchants in the former and Young’s Market Co in the latter.
Posted: June 30, 2010 By Christina Jelski
Targeting younger LDA consumers, Moët Hennessy USA has introduced limited edition Hennessy V.S. flask sleeves, created with a silicon skin-like material and available in various interchangeable colors.
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