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Friday 22 May 2015

US

MillerCoors names new CEO as profits plummet

US beer brewer MillerCoors has drafted in Gavin Hattersley, chief financial officer at parent company Molson Coors, as interim CEO as the company announced a 50% slide in profits this quarter.

Friday, May 8th, 2015 No Comments »

Americans turning backs on “skinny” wine

American consumers have lost their appetite for low calorie “skinny” wines, forcing Treasury Wine Estates to pull its The Skinny Vine brand off the shelves.

Thursday, May 7th, 2015 No Comments »

MillerCoors exec charged with $7m fraud

US federal prosecutors have accused a former MillerCoors vice president of involvement in a $7 million embezzlement scheme to defraud the brewer by charging it for marketing events that never took place.

Thursday, May 7th, 2015 No Comments »

Craft beer a $6bn California industry

The craft beer industry in California is now worth just over US$6 billion according to the California Craft Brewers Association.

Thursday, May 7th, 2015 No Comments »

AB InBev sees profits amid low sales

Budweiser maker AB InBev has seen a slight profit in the first quarter of the year despite a decline in volume sales in the US.

Wednesday, May 6th, 2015 No Comments »

Maker’s Mark wins in ‘handmade’ case

Beam Suntory Bourbon brand Maker’s Mark has successfully defended its claim to be “handmade” after a class action lawsuit was dismissed by the court.

Tuesday, May 5th, 2015 No Comments »

MillerCoors sued over Blue Moon

Brewer MillerCoors is being taken to court over claims it is misleading consumers into thinking its Belgian wheat ale, Blue Moon, is craft.

Tuesday, May 5th, 2015 1 Comment »

Winners and losers in precarious global market

Global total volume growth remains subdued for a second year running, setting it up to be among the three lowest in the last decade.

Tuesday, May 5th, 2015 No Comments »

Lunch date with Parker makes $100k

A bidder at the Heart’s Delight wine tasting and auction in New York has paid US$100,000 to have lunch with Robert Parker and 24 wines from his cellar.

Friday, May 1st, 2015 No Comments »

California drought will worsen, says forecasts

The historic drought plaguing Californian winemakers will continue throughout the state this summer, according to a new long-range forecast.

Friday, May 1st, 2015 No Comments »

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