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Archive for June, 2016

Southern Glazer’s Wine and Spirits Is Born As Mega-Deal Is Completed

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Southern Wine & Spirits of America and Glazer’s Inc. have closed on their merger deal, officially creating Southern Glazer’s Wine and Spirits, LLC. The two companies first unveiled the agreement on January 11. The new Southern Glazer’s will be the … Continue reading

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Constellation Bumped to No.3 in Super Luxury Wine

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Constellation Brands kicked off fiscal year 2017 on a positive note with strong beer and wine depletions, for the first quarter ended May 31. The company reported a net sales growth of 15%, primarily due to the "acquisition benefits" from Ballast Point... Read more

Department of Justice Strikes Major Blow to ASCAP and BMI:

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What does it mean for wineries? WineAmerica is pleased to learn that the Department of Justice has denied performance licensing organizations (PROs) changes to the consent decree. Yesterday, the Department of Justice (DoJ) announced that, after two years of reviews, they would not alter the existing consent decree regulating Broadcast Music, Inc. (BMI) and American […] Read more

Constellation Brands Q1 results by category – Focus

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Earlier today, Constellation Brands reported a bumper fiscal first-quarter, with net profits rising by a third. Here, we take a closer look at the company's performance in the three months to the end of May by category. Read more

Why has Heineken made a Formula 1 U-turn? – Sustainability Spotlight

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Corporate sustainability strategies are about balancing commercial priorities with environmental and social concerns. Ben Cooper asks whether Heineken has struck the right balance with its decision to embrace motorsport sponsorship. Read more

Constellation’s Sales Jump 15% In First Quarter, Driven By Modelo And New Additions

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Constellation Brands started off strong in its fiscal 2017, achieving double-digit growth in net sales and operating income. Victor, New York-based Constellation enjoyed 15% net sales growth for the three-month period ending May 31, while operating income jumped by 21%. … Continue reading

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Diageo To Add Nutritional Information To Johnnie Walker Labeling

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This autumn, Diageo will launch new bottles of Johnnie Walker Red Label featuring on-pack alcohol content and nutritional information per typical serve. By the end of the year, up to 30 million of the new Johnnie Walker Red bottles will … Continue reading

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News Briefs for June 30, 2016

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•Paul Draper, CEO and winemaker of California’s Ridge Vineyards, is stepping back from day-to-day management of the company, which he joined in 1969. Effective July 1, Draper will be replaced as Ridge CEO by Mark Vernon, who has served as … Continue reading

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Craft Brewing and Distilling News for June 30, 2016

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•California-based Lagunitas Brewing has linked with three smaller brewers across the country on new alliances. In Santa Rosa, California, Lagunitas has entered a joint venture with Moonlight Brewery, with plans to help expand Moonlight’s reach. Lagunitas has also aligned with … Continue reading

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Constellation Brands hails “great start” to year with profits jump – Q1 results

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Constellation Brands enjoyed a bumper fiscal first-quarter, according to figures released today, with net profits rising by a third. Read more