China’s Corruption Crackdown Is Crushing Cognac Sales
China's crackdown on corruption, under the watchful eye of president Xi Jinping, is only gathering steam. French cognac maker Remy Cointreau continues to suffer from China's anti-graft campaign. The alcoholic beverage company reported a 5.7% fall in...
Maryland: Worcester Monopoly on Alcohol Sales Ends
Restaurants and bars in Worcester County may now buy spirits anywhere Worcester County's bar owners finally have an open market to purchase spirits. The county's exclusive right on alcohol sales ended July 1 when a 2010 sunset law took effect. ...
Glenfiddich Eyes £100m Drambuie Scotch Merger
The family-owned business behind Glenfiddich and Grant's is examining a £100m takeover of Drambuie, the liqueur reputed to be made from a recipe concocted by Bonnie Prince Charlie. Sky News understands that William Grant & Sons is among an initial crop of...
Rémy Cointreau Sees China Sales Improving in Coming Quarters (Additional Information)
Rémy Cointreau SA RCO.FR +4.19% said Friday that sales should continue to improve in China over the coming quarters even though the anti-gifting drive in the world's second-largest economy hit the French drinks maker's sales sharply in the latest quarter. Rémy...
June, 2014, Control State Results
During June, nine-liter spirits case sales in the control states grew 3.0% compared to same period sales last year. June's sales were brisk, partially facilitated by a weak comp. Rolling-twelve month volume growth of 1.8% eclipsed May's 1.0%. Iowa, Idaho, Maine,...
Legal Definition Would ‘not benefit’ Craft Spirits Georgia: Legislators Look at Simplifying Georgia Alcohol Rules
Despite controversy surrounding big spirits brands marketing their products as "craft", the sector should not be bound by a legal definition, according to a leading US master distiller. Speaking to The Spirits Business, Lance Winters, master distiller at...
Wirtz Beverage Launches Canadian Broker, International Footprint
Wirtz Beverage Canada officially launched July 2 establishing the country's largest brokerage model in the beverage business. Wirtz Beverage will serve as the exclusive national broker for the Diageo beer, wine and spirits portfolio in Canada, in an agreement...
Legal Marijuana in Colorado Might Be Selling More Booze
It's been seven months since legal marijuana went on sale in Colorado, and the good news seems to keep coming. Contrary to what some opponents of legalization claimed, crime hasn't increased, and now beer and alcohol don't seem to have been replaced with a taste for...
Pernod Ricard Interested in International Acquisitions
Following a spate of high profile buyouts in the spirits industry this year, Chivas Brothers has revealed it is on the look out for further acquisitions of its own. Speaking to The Spirits Business, Laurent Lacassagne, CEO of Chivas Brothers, the whisky and gin...