Now Bacardi appoints CFO
Bacardi Limited has announced the immediate appointment of Kevin F. McNamara as Bacardi Limited senior vice president and chief financial officer (CFO), responsible for global financial operations.
Beam Suntory appoints new CFO
Beam Suntory has announced the appointment of Mauricio Restrepo as the company’s chief financial officer.
Distell reports 12.8% revenue growth
Distell, Africa's largest producer of wines, spirits, ciders and RTDs, has reported 12.8% growth in revenue and a 3.1% increase in sales volume for the year to June 2014.
Bacardi appoints new head of commercial
Bacardi has announced Derek Hopkins, SVP national sales director, will be leaving the company after a three-year tenure.
Bacardi announces new regional president
Bacardi has announced Robert Furniss-Roe will leave his role as regional president of Bacardi North America in September.
SABMiller appoints non-executive director/chairman designate
SABMiller plc has announced that Jan du Plessis is to join the SABMiller board as an independent non-executive director from September 1.
Half-year Gruppo Campari results boosted by Q2 recovery
Gruppo Campari has reported sales dropped 1.8% for H1 2014 after its second quarter levelled out down-trading in Q1.
WSET launches second phase of Chinese pilot programme
The Wine & Spirits Education Trust (WSET) has announced that the first half of 2014 saw the WSET Level 3 award in wines and spirits being run for the first time in Chinese.
Rémy Cointreau promotes Sarantopoulos
Rémy Cointreau has announced the promotion of former LVMH boss Panos Sarantopoulos as CEO of its liqueurs and spirits division.
Diageo flat lines as 'emerging markets' sink further
Diageo has blamed “weakness in emerging market economies” for its 0.4% net sales growth in the 2013/2014 financial year.
Diageo shuffles its pack
Diageo has made further changes to its Executive Committee to enhance “in-market accountability”, which is key to Diageo’s strategy under Ivan Menezes.
Quintessential Brands acquires Marblehead
Quintessential Brands has announced the acquisition of Marblehead, an independently owned UK- based brand development and distribution company.
Edrington reports 3% profit and turnover growth
Edrington has announced group profits before tax was up 3% to £174.0m and turnover up 3% to £607.7m, for the year ended 31 March.
Vickie Sheriff is Diageo's new global comms chief
Diageo has announced the appointment of Vickie Sheriff as global communications director. Sheriff will report to Charlotte Lambkin, global corporate relations director, and be responsible for external communications and employee engagement. She starts on September 1.
Beam Suntory to distribute Suntory brands
Beam Suntory has announced that it will begin distribution of the Suntory Japanese and scotch whiskies and Midori liqueur in the US and Germany beginning July 1.
London Wine Fair hailed a success
Brintex, organisers of the London Wine Fair, has hailed the reinvented, relocated trade show a success.
Wallaces-TCB announces management team
Wallaces–TCB (Tennant Caledonian Breweries), formed after the completion of the acquisition of Wallaces Express, Scotland’s largest wines and spirits wholesaler, by C&C Group, has announced the following senior management appointments, reporting to chief executive, Brian Calder.
Drambuie up for sale
Drambuie the scotch whisky liqueur is up for sale, according to the Financial Times newspaper.
Treasury rejects KKR takeover offer
Treasury Wine Estates has rejected an AUS$3.05 billion (US$2.85 billion) takeover bid from Kohlberg Kravis Roberts & Co (KKR).
Investec Food & Drink Entrepreneur of the Year 2014
Entries are now welcome for the first-ever Investec Food & Drink Entrepreneur of the Year 2014.
Vinexpo 2015
The next Vinexpo exhibition will be held in Bordeaux, France from Sunday June 14 to Thursday the 18th 2015.
Diageo appoints new non-executive director
Diageo has announced the appointment of Alan Stewart to its board as a non-executive director, effective September 1.
Edrington establishes Edrington Americas
Edrington, , has announced the establishment of Edrington Americas, a wholly-owned sales, marketing and distribution company for the US.
Edrington establishes Edrington Americas
Edrington has announced the establishment of Edrington Americas, a wholly-owned sales, marketing and distribution company for the US.
Beer sales keep Chapel Down buzzing
English wine producer Chapel Down has announced pre-tax profit of £68k (2012: £414k) for the year ending December 31, 2013.
Pernod hit by unfavourable foreign exchange rates
Pernod Ricard’s net sales for the first nine months of the 2013/14 financial year totalled €6,186 million – down 7% on the same period last year. The company says the results are in line with the first half-year and sales were stable excluding foreign exchange and group structure effects.
That’s Spirits Shanghai closes its doors on 2014
Hotelex Shanghai Fine Food Expo 2014 welcomed thousands of visitors from around China last week to the latest incarnation of its drinks exhibition, That’s Spirits.
Menezes announces management changes at Diageo
Diageo's new chief executive Ivan Menezes, has announced a series of changes to his executive management committee
UK chancellor freezes alcohol duty accelerator
The Chancellor of the Exchequer, the UK’s chief finance minister, has frozen the controversial so-called alcohol duty accelerator on spirits and standard cider.
Morgan retires from Diageo executive committee
Diageo has announced that its president new businesses, Andrew Morgan, is to retire.
The International Chamber of Commerce (ICC) Commission on Marketing and Advertising has published new guidelines on alcohol marketing and advertising.
Campari buys Forty Creek Canadian whisky
Gruppo Campari has bought the Canadian whisky producer Forty Creek Distillery (FCD), an independently owned Canadian spirits company.
Campari sales up, net profit down
Gruppo Campari has posted up sales of €1,524 million, +13.7%, (organic growth +1.7%) while the group net profit was down -4.4% to €149.8m for the for the full year ending December 31, 2013.
Diageo appoints Wirtz Beverage as Canada broker
Wirtz Beverage Group, a distributor of wine, spirits and beer brands, has been named exclusive national broker for Diageo beer, wine, spirits and RTD brands in Canada.
Pernod results
Pernod Ricard has reported net sales for the first semester of 2013/14 totalled €4.57 million.
OLN salutes the best of UK drinks retailing
Off Licence News’ Drinks Retailer Awards took place in London’s Dorchester Hotel last night, celebrating success and innovation in the UK sector.
First Drinks and Rémy Cointreau end their distribution agreement
First Drinks Brands and Rémy Cointreau have confirmed that their distribution agreement in the UK will end on March 31.
Antica Sambuca goes to Hardenberg-Wilthen in Germany
Rossi D’Asiago has announced that its flagship brand, Antica Sambuca, will now be distributed in Germany by Hardenberg-Wilthen.
Hillebrand buys Satellite
JF Hillebrand Group has announced that it has bought the Satellite Logistics Group, a leading US-based supply chain provider for the beverage industry.
Hillebrand buys Satellite
JF Hillebrand Group has announced that it has bought the Satellite Logistics Group, a leading US-based supply chain provider for the beverage industry.
Diageo offers to sell Whyte & Mackay brands
Diageo has said it will sell several Whyte & Mackay brands, including Jura, to satisfy the Office of Fair Trading.
Booze deal ban does not reduce purchases
Banning multi-buy promotions for alcohol failed to reduce the amount purchased, according to a study.
Altia replaces CEO
Altia Plc has released CEO Antti Pankakoski. He has been CEO since 2007. He left last Wednesday, November 21.
SABMiller re-appoints Manser as acting chairman
SABMiller has announced that in light of a deterioration in the health of chairman Graham Mackay the board has re-appointed deputy chairman John Manser as acting chairman.
Campari posts sales of €1.05m and pre-tax profit of €149.5m
The directors of Davide Campari-Milano SpA has announced its consolidated results for the nine months ending 30 September 2013.
Direct sells Virgin Wines
Direct Wines has announced that it had sold its Virgin Wines UK business to the management team.
Canada eliminates EU wine and spirits tariffs
Canada has agreed a free trade deal that will eliminate tariffs on EU spirits and wine.
Hillebrand buys Meerendonk
JF Hillebrand Benelux has announced that it is to buy all of Meerendonk Advanced Logistics’ activities in the Netherlands and Belgium.
Western spirits companies focus on margin
Western spirits companies that focus on growing margins to create value have been more successful than those that reduced prices in order to grow volumes, according to a report from Rabobank.
WSTA chief slams UK duty increases
Wine and Spirit Trade Association (WSTA) chief executive Miles Beale, has criticised the UK government’s so-called ‘Alcohol Duty Escalator’ which has seen the tax on wine and spirits rise by up to 50%.