Female drinking on the rise as alcohol companies target women
Experts suggest women may be catching up to their male peers when it comes to alcohol consumption. A group of researchers gathered in Toronto on Friday to discuss what they describe as a rise in female drinking. Several said booze was the new tobacco, saying alcohol...
Wine Canister Act moves through legislature in Florida
A bill that would widen the availability of high-end wines by the glass is moving forward through the Florida legislature. The Florida Wine Canister Act (SB 658) unanimously passed the Regulated Industries Committee on Thursday, March 7. The bill would allow...
China’s wine market bubbles, but not with Champagne
The West may toast birthdays and weddings with Champagne, but China still hasn’t found a taste for the bubbly, a new study finds. China, including Hong Kong, is the world’s fifth-largest wine market, and its thirst for wine is on the rise, according to the report...
Campari 2012 earnings off overall – US business positive highlight, growing strongly with organic revenue up 8.6%
Positive results in a very difficult environment thanks to U.S. and strengthened route to market Transformational year on perimeter driven by the acquisition of Lascelles deMercado which will help further improve brand and market mix SUMMARY - Sales +5.2% (organic...
Renaissance of a category: Pisco
There’s a buzz in the air in Lima, Peru. It’s not just the scores of cars, often stuck in gridlock, or the packs of young people who walk the streets and dine at a bevy of innovative late night Peruvian eateries. Peru has a palpable energy of a place where something...
Thirst for Jack Daniel’s drives up Brown-Forman profit
Third-quarter earnings/share $0.73 vs est $0.70 * Third-quarter sales rise 7 pct to $1.03 billion * Expects full-year earnings/share $2.60-$2.68 vs $2.58-$2.70 earlier * Emerging markets drive growth, share of U.S. market rises * CFO says strong sales trend expected...
Chianti Classico DOCG will have a new classification above Riserva wines called ‘Gran Selezione’
Chianti Classico DOCG will have a new classification above Riserva wines called ‘Gran Selezione’, it has been announced. Gran Selezione is likely to come into force later this year Wines in the new top band within the Chianti Classico DOCG appellation must be produced...
Stolichnaya-owner says in talks on rival vodka maker CEDC
Stolichnaya Vodka-owner SPI Group said on Tuesday it was holding talks with Russian financial interests regarding Poland's indebted Central European Distribution Corp (CEDC.O), one of the world's largest vodka producers. Shares in Nasdaq-listed CEDC have plunged by...
New England’s Horizon Beverage Group reorganizes its senior management team
Horizon Beverage Group is pleased to announce upcoming senior management changes. Effective March 11th, 2013 an Executive Committee will be created to assume all top line managerial responsibilities across the five state New England region. Jim Tsiumis, Senior Vice...