CEO of Stoli’s New Luxury Wine Division Talks Strategy, Arinzano Estate
The Stoli Group continues to diversify beyond vodka with the recent launch of a luxury wine division.
Longtime winemaker Manuel Louzada has been appointed CEO of this new portfolio. He’ll oversee brands including the newly acquired Arinzano...
AB Inbev Posts Mixed Financial Results in Advance of SabMiller Merger
Global beer giant AB Inbev reported a Q3 revenue decline as it closes in on acquiring rival SabMiller.
However, the results are positive if viewed without currency-based contributing factors.
Revenue in Q3 2015 was $11.38 billion, down from $12.24 billion this time last...
Drizly and Food & Wine Magazine Partner on ‘Content-and-Commerce’ Platform
The digital world of alcohol continues to connect with the physical.
Digital delivery service Drizly has partnered with Food & Wine Magazine to "combine on-demand e-commerce and authoritative content in the world of beer, wine and...
AB Inbev and SABMiller Seek Deadline Extension to Complete Deal
The merge between the world's two largest beer companies will have to wait at least another week.
AB Inbev and SABMiller announced yesterday that they have sought an extension until Wednesday, Nov. 4, to finish the $104.2...
Website Allows Drinkers to File for Beck’s Refund Following Lawsuit
A website has been launched that lets drinkers file for a refund after the recent agreement in the Beck's labeling lawsuit'.
This comes after Anheuser-Busch agreed to pay up to $28 million in a settlement over a class action...
How Smart Retailers Use Business Credit to Fuel Growth
If you’re like most business owners, you relied on personal funds or friends and family to open your first location. This makes sense, because getting a start-up loan for a liquor store is nearly...
Pernod Ricard Grows in U.S., Europe, Shrinks in China
Pernod Ricard's first-quarter sales report paints a rosy picture in America and Europe. The French spirits company reported 6% and 3% growths in those two markets, respectively.
However, Pernod Ricard suffered a 1% deceleration in the rest...
Freixenet Wine Halloween Campaign Embraces Customization, Costumes
Freixenet wines is encouraging consumers to dress up their products this Halloween.
Freixenet’s Cordon Negro Brut ($12) will be armed in stores with Halloween-themed stickers, allowing consumers to “costumize” bottles.
Moreover, Freixenet wines will be served at select Blo Blow Dry...
Heineken Holiday Program Partners with Pernod Ricard, Dr. Pepper Snapple Group
Heineken is inviting legal consumers to "Light Up Your Holidays" this season with a fully-integrated, seasonal program.
The promotion includes strategic digital partnerships, a sweepstakes, and a three-way partnership between Heineken, Pernod Ricard USA and...
Chanel Acquires St. Supery Estate Vineyards and Winery
Napa Valley wine just got a new French fragrance.
The French luxury brand Chanel has agreed to buy St. Supéry Estate Vineyards & Winery, of Rutherford.
The sale is expected to be finalized later this month, according...