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Tag Archives: Market share

• Why Boston Beer Co. Inc. Stock Fell 15% in February

Why Boston Beer Co. Inc. Stock Fell 15% in February

What: Shares of craft beer giant Boston Beer (NYSE: SAM  ) fell 15% last month. The stock had reached an all-time high of $324 per share just a month earlier, but turned sharply lower to hit $267 per share in the last week of February, according to S&P Capital IQ data. So what: Wall Street flashed […]

• Diageo To Produce Own Craft Beer

Diageo To Produce Own Craft Beer

Diageo, a major producer of beer (Guinness, Harp, Red Stripe, Smithwick’s) and the world’s largest producer of spirits (with a list that probably makes up 80% of your local liquor store shelves), has decided to take a foray into craft beer with the new brewery, Thump Keg Brewing Co. It should be no secret that their […]

• Wine gaining on beer as Canadians’ favourite intoxicant

Wine gaining on beer as Canadians’ favourite intoxicant

Beer has 46 per cent of the market; wine 29 per cent. Canadians drink enough beer annually to fill nearly 1,000 Olympic swimming pools, while total alcohol sales approach the $20-billion mark thanks in part to the continued rise in wine popularity and price increases for many products. Alcohol generated $19.9 billion in sales in […]

• Aspri Spirits eyeing 10% market share in India

Mumbai-based Aspri Spirits today said it is eyeing a market share of up to 10 per cent from the sale of two champagnes from France-based House of Lombard in the Indian market. Aspri Spirits has a marketing tie up with House of Lombard and sells its two premium champagnes–Champagne Lombard Brut and Champagne Lombrad Rose- […]

• Vodka cocktails: The scorned spirit makes a comeback

Vodka cocktails: The scorned spirit makes a comeback

New York’s cocktail cognoscenti have long snubbed vodka—decrying its lack of flavor, Goliath-like market share and tendency to fuel the antics of girls gone wild. But as mainstream drinking culture collides with studious mixology, the city’s best bartenders are reconsidering the maligned hooch. “Five or six years ago, [vodka] needed to be ceremoniously sacrificed in […]