Industry News

• Omni Hotels Boosts Sales By Getting Rid Of Fancy Cocktails

Omni Hotels Boosts Sales By Getting Rid Of Fancy Cocktails

A hotel chain has boosted cocktail sales 20% by simplifying the menu. Omni Hotels & Resorts spent years innovating a creative cocktail menu with elaborate ingredients and flourishes, Vice President David Morgan told Nation’s Restaurant News. But when the cocktails weren’t selling, the hotel chain began investigating and found two major problems. First, executives found […]

• Latin American Illegal Alcohol Market Valued at $2.4Billion

Latin American Illegal Alcohol Market Valued at $2.4Billion

According to the research, the illegal market accounted for 25.5% of the total market in terms of volume by litres of alcohol equivalent (LAE) and 14.1% in terms of value (illegal retail sales price or RSP).  On average, the retail prices of illegal products were 30.3% lower than their legal counterparts in 2012. In 2012, […]

• Constellation Brands has no plans to get in on craft beer boom

Constellation Brands has no plans to get in on craft beer boom

Rob Sands, chief executive of beer and wine distributor Constellation Brands (STZ), is not interested in buying up any of the nearly 2,500 craft breweries that have sprung up across the nation in recent years. “People expect one of the big guys to get in and roll up the craft business,” Sands said in a […]

• Pernod Ricard and Southern Wine & Spirits Promote Responsible Drinking

Pernod Ricard and Southern Wine & Spirits Promote Responsible Drinking

PERNOD RICARD USA AND SOUTHERN WINE & SPIRITS OF AMERICA LAUNCH A NATIONAL EFFORT TO PROMOTE RESPONSIBLE DRINKING VIA 15,000 RETAIL STORES Companies Team Up In Support of Foundation For Advancing Alcohol Responsibility New York, N.Y., May 6, 2014 — Pernod Ricard USA, the premium spirits and wine company in the U.S., and Southern Wine […]

• Fastest-Growing Alcoholic Beverage? It’s Not Craft Beer

Fastest-Growing Alcoholic Beverage? It’s Not Craft Beer

Craft beer’s growth in the U.S. has been amazing, rising from 11.5 million barrels brewed in 2011 to over 15 million barrels in 2013. Over that same time span, however, production of another traditional American brew has tripled. We’re talking about the rise of hard cider. The growth of cider—or rather, the comeback, since cider […]

• Genius Marketing Pushes Fireball Whiskey Beyond Top Brands

Genius Marketing Pushes Fireball Whiskey Beyond Top Brands

In 2011, Fireball sold $1.9 million worth of whisky in gas stations, convenience stores, and supermarkets, writes Devin Leonard at Bloomberg Businessweek. By 2013, sales had leapt to $61 million, putting Fireball ahead of Jameson Irish Whiskey and Patrón tequila. The $61 million figure doesn’t even include bars, another popular place to consume Fireball. Fireball, […]

• Diageo bids $1.9 bln for control of United Spirits

Diageo bids $1.9 bln for control of United Spirits

Diageo PLC Tuesday made a $1.9 billion offer to take control of India’s United Spirits Ltd., the latest attempt by the U.K. liquor giant to forge a dominant position in the world’s biggest whiskey market. Diageo said Tuesday it made an open-market offer for an additional 26% stake in United Spirits, for 3,030 rupees (about […]

• Italy’s Campari Buys Sicilian Rival Averna For $143MIL

Italy’s Campari Buys Sicilian Rival Averna For $143MIL

(Reuters) – Italian drinks group Davide Campari has agreed to buy Fratelli Averna in a deal valuing the Sicilian spirits company that makes Averna, Italy’s second best-selling bitter, at 103.75 million euros ($143 million).

• Pernod Ricard USA Awarded Top Honors at 2014 Spirits Competition

Pernod Ricard USA Awarded Top Honors at 2014 Spirits Competition

Pernod Ricard USA(R), the premium spirits and wine company in the U.S., is proud to announce it has been named “Importer of the Year” for the second straight year by the San Francisco World Spirits Competition (SFWSC), which also named Pernod Ricard’s Ireland-based Midleton Distillery as the 2014 “Distiller of the Year.” In addition to […]

• Constellation Brands Q4 Profit Surges On Strong Beer Sales

Constellation Brands Q4 Profit Surges On Strong Beer Sales

Alcoholic beverage maker Constellation Brands, Inc. (STZ: Quote,CBR.AX,STZ-B: Quote) on Wednesday reported 92 percent surge in profit for the fourth quarter from last year, as results at its beer segment were bolstered by the acquisition of Grupo Modelo’s S.A.B. de C.V.’s (GPMCF) U.S. beer business. Adjusted earnings per share for the quarter beat analysts’ expectations, […]

• Napa Val Gals and Guys visit the Hills of Beverly

Napa Val Gals and Guys visit the Hills of Beverly

By D.R. Stewart, intrepid reporter and discerning wine taster Theories on tasting often say you’re palate has to warm up, first wines don’t thrill.  Theories on tasting often say your tongue gives out rather quickly to the tannin and that first wines impress more.  Theories on tasting are there to corn-fuse you. Convening at The […]

• The REAL Explorers Club Sues Diageo’s Johnnie Walker

The REAL Explorers Club Sues Diageo’s Johnnie Walker

Diageo is being sued by an explorers club, which counts Neil Armstrong among its members, over the naming of its exclusive Johnnie Walker Explorers’ Club whisky range. The Explorers Club, which is based in Manhattan and whose members include Sir Ernest Shackleton and Buzz Aldrin, filed a lawsuit against Diageo’s Johnnie Walker on Friday for […]

• Cocktail glass half empty: Drink sales stumble

Cocktail glass half empty: Drink sales stumble

We’re bellying-up to the bar less — and bars and restaurants are feeling the pinch more. Last year, consumers at bars and restaurants cut back on their orders of alcoholic beverages by 1.3%, and that trend continues into 2014, according to a just-released study by Technomic, a food-service industry research firm. “Consumers pulled back on […]

• Campari To Buy Canadian Whiskey Company For $170M

Campari To Buy Canadian Whiskey Company For $170M

Drinks group Campari is buying Canada’s Forty Creek Distillery for $185.6 million, the Italian company said on Wednesday. Campari, famous for its bitter red aperitif of the same name, said that whiskey company FCD will give it the opportunity to grow in the United States, where it expects a revival in sales of brown spirits. […]

• More Beer Niches and Buyouts Coming In 2014

More Beer Niches and Buyouts Coming In 2014

If you love craft beer, imports and cider, boy are you going to love 2014. If you like beer in general, you’re probably not. While the Beer Institute industry lobbying group notes that January beer sales were up 0.7% from the same month last year, the fact is that beer sales overall are still on […]