Gov. Corbett’s privatization plan for Pennsylvania said to include wine, liquor and beer
Source: Reading Eagle Gov. Tom Corbett is expected to call for auctioning off wine and liquor store licenses and opening beer sales to a broad array of retailers including supermarkets and convenience stores, according to information from people briefed by the...
Diageo shifting focus to other Tequila options after Cuervo
Source: Bloomberg Echo Hopkins’ love of tequila began with a happy hour margarita at the Blue Moon Mexican Café in Bronxville, New York. Four years later, her tastes have matured, and she now eschews cheap margaritas in favor of tequilas costing $10-plus a shot...
Maine official wants to cut liquor prices to improve sales – bring back volume lost to New Hampshire
Source: Bangor Daily News Those in the business of selling liquor in Maine may be missing out on as many as 200,000 cases, or $30 million worth, of hard alcohol sales a year. That’s how much liquor is being consumed in Maine but being purchased somewhere else —...
Glazer’s, Charmer Sunbelt Group and Wirtz Beverage announce plan to explore best practices and efficiency opportunities in parallel back office operations
Source: Glazer's Glazer's Distributors, The Charmer Sunbelt Group, and Wirtz Beverage Group, three of the country's largest andmost respected beverage alcohol distributors, today announced their plans to launch an exploratory effort to gauge best practices and...
Alcoholism vaccine will give drinkers an immediate hangover if they drink even a small amount of alcohol – effective for 6 months to one year
Source: Daily Mail Alcoholism vaccine will give drinkers an immediate hangover if they drink even a small amount of booze The vaccine would be effective for between six months and a year It sends a message to the liver not to express genes that metabolize alcohol...
Happy hour in Asia as global booze makers eye M&A deals in Asia
Source: Reuters The biggest global alcohol companies are sizing up buyout and tie-up opportunities in China, India, South Korea and Vietnam, keen to profit from a $258 billion Asian market that is growing twice as fast as the rest of the world. Banking and industry...
Happy hour in Asia as global booze makers eye M&A deals in Asia
Source: Reuters The biggest global alcohol companies are sizing up buyout and tie-up opportunities in China, India, South Korea and Vietnam, keen to profit from a $258 billion Asian market that is growing twice as fast as the rest of the world. Banking and industry...
Diageo 1H earnings on tap this week- Walsh will face questions after failed Cuervo talks
Source: scotsman.com Question time for Diageo chief after failed tequila talks DIAGEO chief executive Paul Walsh will this week face a fresh grilling over his decision to abort talks to buy tequila brand Cuervo. Walsh will hope that strong trading in the US and...
Baijiu still 99% of spirits market in China – Cognac close to half of the remaining one percent – sign of middle class success
Source: wine-searcher.com China, which has been the top importer by value of Cognac for the past two years, offers enormous potential to growers and Cognac houses whose sales are taking off around the world, industry representatives said this week. “For more than two...