US: Allied Domecq re-organises US operations
The "Move to Market" strategy, scheduled to be in operation by January, will see the company's Equity and ADvantage portfolios combined under one management team. At the same time, the company will create three decentralised, autonomous Spirits Business Units - North, South and Control States.
The third element in the restructure will allow for the allocation of more of the company's resources closer to the market and an increase in sales coverage. At company and Business Unit headquarters, management structures will be streamlined and simplified.
"We are going to move resources from headquarters out to the field. Our overall headcount will actually increase, but we will be leaner and meaner at HQ and have broader and deeper management coverage in the field," said Allied Domecq's US president, Tom Wilen. "Allied Domecq will further strengthen its relationship with distributors, brokers and customers. Our new structure, combined with improved planning and greater understanding of customers and consumers, will continue to improve our performance."
As Pernod Ricard, Allied Domecq and Fortune Brands close in on the biggest drinks industry deal since the sale of Seagram, opinion about how the deal will be structured and who stands to win and lose ...
Cautious optimism is probably the best way to describe today's press reaction to Pernod's friendly bid for Allied Domecq....
Spirits firm Allied Domecq has agreed to a takeover bid from smaller rival Pernod Ricard, subject to agreement from Allied shareholders....
Allied Domecq last night accepted Pernod Ricard's offer to buy the UK-based drinks giant....
Allied Domecq today delivered a 7% increase in first half group profits before tax to £285m. Earnings per share were up 7% to 19.2p, turnover that was flat at £1,700m....
Drinks producer and distributor Todhunter International has said that its controlling shareholder, CL Financial, is interested in acquiring some of the brands of Allied Domecq that may become availabl...
Pernod Ricard has had its rating raised....
Allied Domecq has added a new flavour to its Malibu range. The company said yesterday that it would be launching Malibu Passion Fruit in the US from April 15....
- Comment - Heineken's 'No' Cuts SABMiller Options
- Irish whiskey eyes a slice of Scotch's global pie
- SABMiller spurned by Heineken: The start of the en
- Guinness: A Great Day for St James's Gate
- William Grant and Drambuie: It Had to be You
- Patron Spirits' Patron Citrónge Lime
- Wm Grant CMO to head Orangina Scweppes Int'l
- Heineken rejects SABMiller purchase proposal
- Scottish leader speaks out over Scotch whisky
- SABMiller, Heineken silent on takeover offer talk