UK: New sales vice-president at Golden Kaan
Golden Kaan Ltd has appointed a new vice-president of sales and marketing for Golden Kaan USA. The president of the new global South African brand of single varietal wines, Marian Kopp, said yesterday (1 February) that Erik Ran will assume the position, as he comes across from Allied Domecq Wines USA.
He will be responsible for all Golden Kaan sales and marketing activities in the US.
In a statement, Kopp said: "We are very excited to have Erik join the Golden Kaan USA team. With Erik's vast experience and talent we look forward to developing Golden Kaan as the leading wine brand of South Africa in the US market."
Golden Kaan is a joint venture between Racke, the German-based brand specialist, and KWV International, a South African wine producer.
Following the brand's launch in June 2003, Golden Kaan sold 250,000 cases in Europe within 10 months. The brand is due to start a limited roll-out in the next few weeks, with a full US roll-out expected in the first half of this year.
Todays press reports into Pernod and Fortune's hopes to buy Allied Domecq warn of possible conflicts and set a date for completion....
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....
Pernod Ricard and Fortune Brands are hoping to buy Allied Domecq for around 670p per share, according to press reports....
LVMH has said it is not looking to buy Mumm Champagne from Allied Domecq....
The US consumer goods group Fortune Brands has confirmed it is in talks about launching a joint bid with Pernod Ricard for Allied Domecq....
Diageo is to launch a new global advertising campaign for Smirnoff Ice. The first ad in the global campaign, 'Garden', launches in Great Britain on April 11th on terrestrial and satellite TV. ...
Fideuram Wargny has upgraded its rating of Pernod Ricard to 'buy' from 'hold'. Its analysts argue that the merger talks with Allied Domecq is a catalyst for share growth....
Pernod Ricard is looking to acquire Allied Domecq....
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