Monthly Archives: August 2017

Diageo Names 2 as Distributors of the Year

Posted on August 21, 2017 by Donna Whitaker

Southern Glazer’s Coastal-Pacific Wine & Spirits Division, Florida, was named Spirits Distributor of the Year by Diageo, and Beechwood Distributors, Wisconsin, was named the Beer Distributor of the Year at Diageo’s annual Golden Bar Awards celebration. The Golden Bar Awards … Continue reading →

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GDP Up 2.6% in 2d Quarter as Prices Rose Modestly

Posted on August 21, 2017 by Donna Whitaker

Real gross domestic product (GDP) increased at an 2.6% annual rate in the second quarter of 2017 after increasing 1.2% (revised) in the first quarter, the Bureau of Economic Analysis estimated.   The increase in real GDP in the second … Continue reading →

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Treasury Wine Estate’s Sales Rise 10.4% in Americas, Volume Up 3.1%

Posted on August 17, 2017 by Donna Whitaker

Treasury Wine Estates reports a “robust” growth in volume, up 3.1% to 15.45 million cases, driven by the acquisition of Diageo Wine and underlying portfolio growth. Net sales revenue rose 10%,

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Gallo Acquires Germain-Robin California Brandy

Posted on August 17, 2017 by Donna Whitaker

& J. Gallo Winery said it purchase Germain-Robin, California’s first luxury brandy.

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Willamette Valley Vineyards Net Jumps 27% in 2d Quarter

Posted on August 17, 2017 by Donna Whitaker

Willamette Valley Vineyards reports net of $461,668, or 9 cents a share, for the second quarter of 2017, up from $362,481, or 7 cents a share, a year earlier.

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What’s Driving Acquisition of Craft Distillers? Fear. What Big – and Small – Distillers Need to Consider in the M&A Dance

Posted on August 17, 2017 by Donna Whitaker

Large distilled spirits companies have looked at what’s happened in the beer space and vowed not to repeat the same mistake. The “mistake,” of course, was ignoring the growth of craft beer until Big Beer found that, like Pac Man, … Continue reading →

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