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Wednesday 22 February 2017 loc: US

Business

Rémy Cointreau in mood for acquisitions

French spirits producer Rémy Cointreau has said it is open to acquiring new brands in an effort to further premiumise its portfolio.

Friday, June 19th, 2015 No Comments »

Emerging markets give Cognac boost

Cognac could soon enjoy a long-awaited boost thanks to an improving picture in China and strength of emerging markets, Rabobank’s Q3 spirits report predicts.

Wednesday, June 17th, 2015 No Comments »

Top 10 biggest drinks industry acquisitions

With Chinese buyers snapping up Bordeaux châteaux at a rate of knots and continued consolidation among former rivals, the drinks world is ever-changing.

Tuesday, June 16th, 2015 No Comments »

Majestic Wine profits fall 22.5%

Majestic Wine has reported a drop in its annual pre-tax profit of 22.5% to £18.4 million in its first annual report since acquiring Naked Wines for £70 million.

Monday, June 15th, 2015 No Comments »

Brown-Forman wages battle for Irish whiskey

Brown-Forman has belatedly joined the Irish whiskey rush with its acquisition of Ireland’s Slane Castle, but is by no means guaranteed success.

Monday, June 8th, 2015 No Comments »

Global wine and spirits markets in decline

The global spirits market declined by 0.1% in 2014, a loss of 3.1 million nine-litre cases, while global wine sales fell by 1.1%, according to the 2015 IWSR Database.

Wednesday, June 3rd, 2015 No Comments »

Brown-Forman to build $50m distillery

Brown-Forman has announced plans to build a $50m Irish whiskey distillery at the historic Slane Castle, having acquired Slane Castle Irish Whiskey Limited.

Wednesday, June 3rd, 2015 No Comments »

Prosecco beats Champagne for UK growth

Sales of Prosecco continued to grow in the UK on- and off-trade in 2014, but not at the expense of Champagne, according to the fourth annual Lanson category report.

Friday, May 22nd, 2015 No Comments »

Cocktail chain’s £13m buyout signals expansion

Cocktail chain The Alchemist is set to open more sites across the UK after the completion of a £13 million management buyout.

Tuesday, May 19th, 2015 No Comments »

Former Diageo boss dropped over Tory links

The Confederation of British Industry will not appoint former Diageo boss Paul Walsh as its president because of his links to the Conservative party.

Friday, May 1st, 2015 No Comments »

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