United States: Latest beverage news & analysis
Morgan Stanley this week released its second survey of US wholesalers, which found increased confidence is the country's spirits market. The financial firm claims the report is more forward-looking than traditional channel data and attempts to "identify key trends before they appear in Nielsen data and sell-side forecasts". The survey also quizzed wholesalers on future category performance. Here's a run-down of the key findings:
In the LCBO liquor store near Ossington subway station in Toronto's trendy west end, business is good.
While each of the BRIC markets continue to throw up their own set of hurdles to sustained, long-term growth, the major spirits companies are becoming ever-more-thankful to the US for its safe bet positioning.
Constellation Brands is a firm favourite on Wall Street at the moment. The company's share price hasn't stopped rising since it took control of the Grupo Modelo brands from Anheuser-Busch InBev. Indeed, US$100 worth of stock bought in June 2012, when the deal was announced, is now worth just over $850.
It may be going too far to call the truncated lifespan of the Keurig Kold farcical. But, in the nine months since it was launched, the home-carbonation system's owner, Keurig Green Mountain, has been sold to a private-equity group, big-money investor The Coca-Cola Co pulled out and headed for the hills and its CEO was unceremoniously dumped.
Conecuh Ridge Distillers has launched an extension of its Clyde May's US whiskey brand, with a limited edition cask strength iteration rolling out across the US next month.
Dr Pepper Snapple Group (DPSG) has appointed a leading telecommunications executive to its board of directors.
Heaven Hill Distillery has secured a sponsorship tie-up for its Evan Williams Bourbon with baseball’s World Series in the US this year.
Diageo is to combine its US and Canadian spirits divisions as part of a North American shake-up at the company.
MillerCoors is to move marketing for Blue Moon and Leinenkugel's away from its Tenth & Blake craft unit because the two beer brands have grown too big.
Treo Brands will launch a range of birch water infusions this month.
Renewed distributor optimism for Diageo's Captain Morgan has added weight to prospects of a US turnaround for the rum brand.
Stillhouse Spirits Co has expanded the US footprint for its namesake clear whiskey portfolio.
Diageo has launched a new Guinness extension, developed at its experimental brewery in Dublin.
Natalie's Orchid Island Juice Co has released two limited-edition, seasonal juices.
Move over iPhone 7 headphones-gate, there is a new Apple product causing a stir. Or a shake. Or just a shot.
It's Summer in the northern hemisphere and the beer festivals are in full swing. Even the famously secluded North Korea is letting its regulation-cut hair down with the Taedonggang Beer Festival, named for the country's domestic beer and reportedly a firm favourite with leader Kim Jong-un.
What a week for stats! Yesterday, the Beverage Marketing Corporation released figures to show the bottled water market had more than doubled over the past 15 years in the US.
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