Monthly Archives: February 2021

Molson Coors 4th Period U.S. Sales Rise 1.9%, but World-Wide Fell 7.7%

Posted on February 11, 2021 by Joel Whitaker

Molson Coors Beverage Co. reports fourth quarter net sales fell 7.7% (8.3% constant currency), primarily driven by Europe and Canada declines resulting from restrictions in the on-premise channel as a result of the coronavirus pandemic.  But in the U.S., the … Continue reading →

Posted in Earnings Report | Tagged | Comments Off on Molson Coors 4th Period U.S. Sales Rise 1.9%, but World-Wide Fell 7.7%

Trade Rep in ‘Holding Pattern’ in Aircraft Tariff Dispute

Posted on February 11, 2021 by Joel Whitaker

Office of the U.S. Trade Representative said it won’t consider revisions to tariffs imposed of European products in the World Trade Organization dispute involving large civil aircraft subsidies. USTR noted that it had just revised the tariffs in January and, … Continue reading →

Posted in Trade Agreements | Tagged , | Comments Off on Trade Rep in ‘Holding Pattern’ in Aircraft Tariff Dispute

WSWA Cancels Annual Convo Because of Covid

Posted on February 11, 2021 by Joel Whitaker

For the second consecutive year, Wine & Spirits Wholesalers of America‘s annual convention has been cancelled, a victim of Covid-19. However, WSWA CEO/President Michelle Korsmo said the trade group will produce a virtual, expanded version of its WSWA Brand Battle Tournament. Typically … Continue reading →

Posted in COVID-19 | Tagged , | Comments Off on WSWA Cancels Annual Convo Because of Covid

Pernod Ricard’s Sales Slipped 3.9% Organically in Fiscal 1st Half

Posted on February 11, 2021 by Joel Whitaker

Pernod Ricard reports net sales fell 9% on a GAAP basis.  Net profit fell  6%. Sales rose 2% in the Americas, with “good growth in most domestic markets, with particular dynamism in USA, but significant declines in Travel Retail, the … Continue reading →

Posted in Uncategorized | Comments Off on Pernod Ricard’s Sales Slipped 3.9% Organically in Fiscal 1st Half

Mandalay Bay’s Sports Center Renamed Michelob Ultra Arena

Posted on February 11, 2021 by Joel Whitaker

Mandalay Bay Resort & Casino said it entered into a multi-year naming rights agreement with  Anheuser-Busch, renaming the resort’s 12,000-seat sports and entertainment venue in Las Vegas the “Michelob Ultra Arena.” The agreement’s integration will feature a variety of assets … Continue reading →

Posted in Promotions | Tagged , | Comments Off on Mandalay Bay’s Sports Center Renamed Michelob Ultra Arena

Absolut’s New Campaign Asks “What Does It Mean to Love Responsibly?”

Posted on February 11, 2021 by Joel Whitaker

Absolut is launching “Drink Responsibly, #LoveResponsibly,” a campaign that asks people to share what loving responsibly looks like to them in a world where connecting with others in meaningful ways has become increasingly more difficult. A survey conducted for Absolut … Continue reading →

Posted in Uncategorized | Tagged , | Comments Off on Absolut’s New Campaign Asks “What Does It Mean to Love Responsibly?”