Tag Archives: Chief executive officer

• Port will overtake sherry by 2020 says report

Port will overtake sherry by 2020 says report

Port is set to overtake sherry as the leading fortified wine in the UK by 2020, according to a major port shipper. The prediction can be extrapolated from a reading of Neilsen statistics for fortified wines over the last 16 years, Andrew Hawes, managing director of wine importers Mentzendorff says. According to Neilsen, in 1996 […]

• Three new Masters of Wine make total of 300 worldwide

Three new Masters of Wine make total of 300 worldwide

Three members of the wine trade have passed all parts of the notoriously difficult Masters of Wine examination, taking the total number of MWs worldwide to 300. The students, who come from Austria, Singapore and the UK, will be formally welcomed into the Institute of Masters of Wine at a ceremony in the Vintners’ Hall, […]

• Pernod May Seek Local Partners in Africa as It Takes on Diageo

Pernod-Ricard SA (RI), the maker of Absolut vodka, may look to partner with brewers or distillers in sub-Saharan Africa as it aims to catch up with bigger rival Diageo Plc (DGE) across the region, according to a company executive. Paris-based Pernod is “here a bit late against our main competitor” in Africa, Laurent Lacassagne, the […]

• Constellation Brands Ramps Up Its Chinese Operations

Constellation Brands Inc. is ramping up its Chinese operations as the winemaker looks to capitalize on a growing thirst for its offerings there. The company, whose brands include Robert Mondavi and Kim Crawford wines and Svedka vodka, has installed a senior executive in Hong Kong to build its infrastructure there and in coming weeks will […]

• Silicon Valley Bank Forecasts 11 – 15% Growth in 2011 Fine Wine Sales

Silicon Valley Bank Forecasts 11 – 15% Growth in 2011 Fine Wine Sales

Silicon Valley Bank (SVB), a leading provider of commercial banking services to the wine industry, released its Annual State of the Wine Industry Report for 2011-2012 via live webinar today. The report captures trends and addresses critical issues facing the U.S. wine industry, offering unique data and observations that help wine business owners and managers […]

• SABMiller Chief Foresees More Consolidation in Global Beer Industry

SABMiller Chief Foresees More Consolidation in Global Beer Industry

Chief Executive Officer Graham Mackay predicts more consolidation in the global beer industry even as companies find it more difficult to extract value from purchases. “There are bolt-on acquisitions to be done around the world, and there are major deals,” the head of the world’s second-largest brewer by volume said yesterday at the Marketing Society’s […]

• Pernod-Ricard Predicts India Will Rise to Top Three Markets

Pernod-Ricard SA, the maker of Absolut vodka, said India may rank among its top three markets in five years, along with the U.S. and China, as economic growth and rising incomes spur demand for its brands. “India’s growth sounds very promising,” Chief Executive Officer Pierre Pringuet said in an interview in New Delhi today. “With […]

• Aerial Performers as Flying Bartenders. Want your drink upsidedown?

Aerial Performers as Flying Bartenders. Want your drink upsidedown?

With its late hours, cranky customers and poor tips, bartending is one of the more challenging nightlife professions. To make it even harder, Cirque USA, an Orlando, Fla., company, founded “aerial bartending” in 2004. They train aerial performers—trapeze, bungee and ring artists—to prepare cocktails high above the ground, and send them to clubs, casinos and […]