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Suntory sells Louis Royer cognac

Suntory Holdings has announced the sale of cognac group Louis Royer to the family group Terroirs Distillers, a privately-held fine spirits company based in France.

Thompson is Diageo North America’s new chief marketing & innovation officer

Diageo has announced the appointment of James Thompson as chief marketing and innovation Officer for North America, effective August 1.

SABMiller confirms Domenic De Lorenzo as CFO

SABMiller’s board has announced that it intends to appoint Domenic De Lorenzo as an executive director and as chief financial officer with effect from the conclusion of the forthcoming annual general meeting, to be held on July 23.

Diageo has sold Gleneagles hotel

Diageo has announced the sale of Gleneagles Hotel to a private investment group led by Ennismore for an undisclosed amount.

Diageo announces North America management changes

Deidre Mahlan to be appointed president, Diageo North America. Tom Looney is appointed president, open and control states; Tom Day is becomes president, Diageo-Guinness USA and Jeff Ivey takes on national accounts leadership.

Stable figures for Vinexpo

Vinexpo says 48,500 people visited its recent Bordeaux show, claiming that is stable with 2013.

Diageo and United Spirits support young women in India

Diageo and its subsidiary in India, United Spirits (USL), has announced phase II of the Young Women Social Entrepreneurship Development Programme in India.

WRAP unveils five year plan

WRAP, the organisation that promotes the use of resources sustainably, has unveiled its plan for the next five years.

Vinexpo to go down to four days

Vinexpo chairman Xavier de Eizaguirre and CEO Guillaume Deglise have announced that the 2017 Vinexpo will be just four days, from Monday to Thursday.

Vinexpo organisers claim success

Final figures on the number of visitors that visited the Bordeaux show will not be released until next week.

Diageo: rumours of takeover bid

There are unconfirmed rumours that a private equity firm is about to bid for Diageo, the world’s largest premium drinks company.

Ricard sets out new Pernod era

Alexandre Ricard set his stall out yesterday (June 2) as Pernod Ricard celebrated 40 years of the two anise brands merging.

Glass campaign aims to define the European tastes

Friends of Glass, a European consumer forum that promotes glass packaging, has launched a ‘Taste of Europe’ campaign to discover how British tastes compare with those on the continent.

Cuervo owner raises credit to buy Bushmills

JB y Cia SA, the family-owned owner of Jose Cuervo tequila, plans to sell bonds to help pay for the acquisition of Northern Irish whiskey producer Bushmills, according to reports.

Beam Suntory simplifies its regional structure

Beam Suntory has announced that it will simplify its regional structure by merging its four operating regions into three.

Diageo reports net sales decline of 0.3%

Diageo, the world’s largest premium drinks company, has announced its interim management statement for the nine months ended March 31, 2015.

Stock appoints Michael Kennedy as md International and Italy

Stock Spirits Group, the central and eastern European branded spirits producer, has announced that Michael Kennedy will be managing director, International and Italy from April 27.

Belvédère announces new executive committee

Belvédère SA, the wine and spirits company in Europe and the US, has announced has announced the composition of its executive committee, headed by CEO Jean-Noël Reynaud.

Global Spirits appoints Criscione to md Americas

Global Spirits, a privately held international manufacturer and marketer of wines and spirits, intends to expand its global presence by establishing an Americas Business Unit which will be based out of the company’s New York office.

Harpers Wine & Spirit joins Agile Media

Harpers Wine and Spirit and www.harpers.co.uk have joined Off Licence News and Drinks International at Agile Media.

Altia board goes international

Economist Sanna Suvanto-Harsaae becomes the new chairman of Altia’s board. Other new members of the board are: Kim Henriksson and Kasper Madsen who bring expertise on the Nordic market.

Vinexpo is fully booked

The organisers of the Bordeaux wine and spirits show, Vinexpo, say the trade exhibition is fully booked and stand reservations for the international wine and spirits exhibition are now closed.

Edrington appoints Hyde to the board

Edrington, the scotch whisky and rum company, has announced that Paul Hyde has appointed to its main board.

Alcohol price increases have slowed

The WSTA says new research shows that price increases in the off trade have slowed since the Government scrapped the alcohol duty escalator, cut beer duty and froze duty on spirits in 2014.

Adnams reports £66m sales and £3.8m operating profit

The Suffolk brewer and distiller and retailer has reported sales of £66 million and a £3.8m operating profit, in its report and accounts for the 12 months to December 31, 2014.

Campari full year results

Gruppo Campari has published its full year results for 2014 which it says is in line with its expectations.

Australian Vintage reports $4.4m profit for half year

Major Australian wine producer, Australian Vintage has announced half year net profits of AUS$4.4 million, up from $4m, for the half year to December 31, 2014.

A G Barr buys Funkin

AG Barr plc, the soft drinks group, has announced the acquisition of Funkin Limited from its founding shareholders for an initial £16.5 million plus up to a further £4.5 million subject to meeting certain financial performance targets.

Diageo opens virtual doors to Google

Diageo is to partner with Google’s Business View to offer free 360˚ virtual tours of its facilities. 

Pennell goes to Edrington

Maxxium UK’s managing director Huw Pennell is leaving to take up a new job at Edrington, one of Maxxium’s shareholders.

New second generation Vinexpo

The 2015 Vinexpo is a turning point. It is the second generation, so says the new CEO, Guillaume Deglise.

Buckingham Schenk promotes Durham

Buckingham Schenk has announced that Craig Durham is its new managing director.

Thatcher becomes Direct Wines’ group CEO

Direct Wines has announced the appointment of David Thatcher as group chief executive. Simon McMurtrie steps down on January 19.

Pernod sells RTD in Mexico strategy change

Pernod Ricard has advanced its transition to focus on global brands in the Mexican market with the sale of RTD Caribe Cooler to Grupo Bepensa.

Bibendum PLB confirms buyers

The Bibendum PLB Group has announced the structure of the buying team of the recently merged company.

WSTA calls for cut in drinks duty

The Wine and Spirit Trade Association, the lead body for the UK wine and spirits industry, is calling the British government to cut the duty on all alcoholic drinks.

Antica Sambuca to be distributed by Synergy in Russia

Rossi D’Asiago has announced that its flagship sambuca Antica, the second best selling brand in the category worldwide, will be distributed in Russia by the Synergy Group.

New Moët Hennessy HR

Moët Hennessy Wines and Spirits chairman and CEO, Christophe Navarre, has announced the appointment of Stéphane Voyer, as senior vice president human resources.

Fever-Tree shares buoyant after floating

Fever-Tree has floated on the London Stock Market today, with the share price currently trading at £1.70 per share, over 25% up on the initial trading price.

Diageo chief marketing officer and hackathon judge, Syl Saller
Diageo Technology to host drinks industry hackathon

Diageo’s global innovation programme – Diageo Technology Ventures – will be hosting a weekend ‘hackathon’ on November 8-9. 

A-B InBev reports third quarter and nine months 2014 results

Anheuser-Busch InBev has just reported its results for the third quarter and the first nine months of 2014.

Call for calorific values on drinks labelling

The Royal Society for Public Health (RSPH) in the UK is calling on the drinks industry and newly appointed EU Health Commissioner to introduce calorie labelling for alcoholic drinks.

Tesco being investigated by the Serious Fraud Office

Tesco has confirmed that it has been notified by the Serious Fraud Office that it has commenced an investigation into accounting practices at the company.

Sazerac announces craft unit Bond & Royal Spirits

Sazerac - the New Orleans-based company – has announced the addition of Bond & Royal Spirits to focus on developing brands within the specialty and craft spirits space. 

Denis O’Flynn is next WSTA chairman

Pernod Ricard UK managing director, Denis O’Flynn has been elected as the next chairman of the Wine and Spirit Trade Association (WSTA), succeeding Nick Hyde in January 2015.

William Grant & Sons acquires Drambuie

William Grant & Sons has announced the acquisition of the Drambuie Liqueur Company. 

Vantguard announces US portfolio launch

Vantguard – formerly Global Premium brands - has announced plans for a US launch of its entire portfolio. 

William Grant and Sons reports 5.2% turnover increase

William Grant & Sons has reported increased turnover of £1.2bn, up 5.2% on the previous year. 

Pernod hit by China and currency exchange rates

Pernod Ricard CEO Pierre Pringuet remains optimistic about China despite 23% decline in sales in its full year results.

Altia launches new strategy

Altia Plc, the major Nordic wine and spirits company, has launched a new strategy to achieve major improvements in profitability by the year 2016.