Currency, Economic Woes Hit Constellation
Constellation Brands faced a tough economic climate in key markets as well as currency fluctuations in the first quarter of its fiscal year (ended May 31), as revenue fell 15% to $791.6 million. Net income also dropped sharply to $6.5 million, as....IMPACT
David Named New CEO At William Grant & Sons
Longtime Bacardi executive Stella David has been named the successor to departing William Grant & Sons ceo Roland van Bommel, who is stepping down after nearly five years at the helm. Most recently, David was global chief marketing officer for Bacardi....IMPACT
Constellation Closing Phillips Winery
Constellation has announced plans to close its RH Phillips winery in Esparto, California, September 1. It will retain the 1,700 acres of vineyards at RH Phillips, and shift production of the brands made there—including Toasted Head and Night Harvest....IMPACT
Ketel One Launches TV Ad Campaign
Ketel One Worldwide, the joint venture between the Nolet Group and Diageo, announced a new $12 million ad campaign for Ketel One vodka. Titled “Gentlemen, This is Vodka,” the campaign will be the first to bring Ketel One to the national television....IMPACT
Trinchero, Joel Gott Form Joint Venture
Trinchero Family Estates and Joel Gott Wines have linked up in a global sales and distribution joint venture that will see Trinchero work to expand market coverage of the Joel Gott brand, a well-regarded label with offerings across several California....IMPACT
Las Vegas Responds To Economic Downturn
In March, Golden Gaming Inc. gave away a plasma TV every day as one of its myriad gaming promotions. Anheuser-Busch supplied the televisions, and Golden Gaming heavily promoted Budweiser brands in each of its 45 restaurants and bars—35 of which are....MARKET WATCH
C-Stores Turn To Wine Sales
There’s a new hot product in convenience stores these days, and it has nothing to do with beef jerky, fountain drinks or singles of beer. Wine is making big inroads in the nation’s c-stores, and as the category continues to attract new consumers ....MARKET WATCH
Don Sebastiani & Sons Rolls Out Crusher
Sonoma’s Don Sebastiani & Sons has released The Crusher, a new line of wines developed in conjunction with Wilson Family Vineyards that are meant to celebrate the relationship between the grower and winemaker. The Crusher will debut with four offerings....IMPACT
Diageo to Handle Grand Marnier in Europe
Diageo and Marnier Lapostolle have formed a pact through which the world’s biggest spirits marketer will handle Grand Marnier in 61 markets across Europe—including Russia and former CIS countries—as well as in travel retail. Beginning July 1, Diageo....IMPACT
Carriage House Debuts Kabuki Sake
Carriage House Imports Ltd. will launch Kabuki Sake on July 1 in selected East Coast markets. Produced in Kyoto, Japan, where Kabuki theater originated in 1603, the brand is made with Gohyaku Mangoku sake rice, polished down to 45 percent, resulting....IMPACT
