Pernod Ricard in the US – 9% growth for premium brands – Absolut at 1% and other premium brands 10%+
Solid growth in US, with (i) dynamic consumption for Pernod Ricard products (Nielsen and NABCA), (ii) +9%(2) growth of the Top 14, the main growth driver with price/mix of +3%(2), and (iii) good overall performance of the other brands (Avión, Mumm Cuvée Napa,...
Pernod’s profit beats estimates based on solid growth in emerging markets and the US
Pernod Ricard SA, France’s largest distiller, reported first-half earnings that beat estimates as sales in markets including China, Russia and the U.S. offset declines in southern Europe and France. Operating profit excluding some items rose 5.8 percent to 1.46...
“American Wine” is a story of great growth – much of the growth comes from the other 47 states outside the traditional wine states of California, Oregon and Washington
At the turn of the millennium, there were approximately 2,000 wineries in the United States. Today, there are close to 8,000. Much of the growth has come in “the other 47” states outside the traditional wine country of California, Oregon and Washington. Today’s wine...
The 2012 harvest in California is a record both in terms of grapes crushed and the prices paid for grapes
The 2012 harvest in California is a record both in terms of grapes crushed and the prices paid for grapes, resulting in what one consultant called ‘a fantastic market for consumers’. The 2012 Grape Crush Report (Preliminary) was released by the National Agricultural...
Pennsylvania: New bill offers hybrid liquor control plan as alternative to Gov. Corbett’s privatization plan
An obscure Senate bill that keeps state liquor stores and allows limited privatization may emerge as a key alternative to Gov. Tom Corbett’s privatization proposal, experts and lawmakers say. The Republican governor is pushing for full-scale privatization of the...
Cutting the alcohol content to stretch product supply and meet demand – example Maker’s Mark
Distillers of a world famous bourbon has cut its alcohol content so it can meet increasing demand for the drink. The owners of Maker’s Mark, which is distilled Loretto, Kentucky, said they are unable to produce the bourbon fast enough. The plans became public after an...
Bills would let liquor stores in Texas open on Sundays
Two bills would allow Texas liquor stores to open their doors on Sundays and extend hours for liquor sales during the week. But opponents, including some liquor stores, say the legislation could hurt businesses. Texans have 66 hours during the week to buy bottled...
Wine Investment Association launches wine fraud initiative to provide better protection for the industry and increase consumer confidence
The Wine Investment Association has teamed up with the National Fraud Intelligence Bureau to provide better protection for the wine industry and increase consumer confidence. The move comes on the back of millions of pounds being invested annually by individuals and...
Sulfites added to wine – reason behind hangover?
Raise your hand if you’ve ever heard this before: “Drinking red wine gives me a headache. I’m allergic to sulfites.” In red wine, “sulfites get a bad rap,” says Annie Rabin Arnold, owner of the Organic Wine Exchange. “People often blame sulphur, when in reality there...