Castle Brands

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US: Castle Brands losses extend despite sales increase

29 Jun 2007

Castle Brands has reported a leap in sales volumes and value for its full year, although increased costs lead to deeper losses for the company over the 12 months.

UK: SABMiller director to retire

26 Jun 2007

A non-executive director at SABMiller has announced his retirement.

S AFRICA: Glass shortages threaten SABMiller

11 Jun 2007

SABMiller’s South African unit is struggling under the weight of what it has called “unusually high” demand for its beer brands in the country.

US: Castle Brands unveils Celtic Crossing push

24 May 2007

New York drinks marketer Castle Brands has unveiled a new campaign for its Irish-made honey-flavoured liqueur Celtic Crossing.

US: Castle Brands closes US$21m placement

10 May 2007

Castle Brands has closed its private placement and raised US$21m.

US: Castle Brands hires industry veteran

23 Apr 2007

Castle Brands has announced its appointment of an industry veteran for the post of New England regional manager.

US: Castle Brands plans private placement deal

20 Apr 2007

Castle Brands has announced it has begun negotiations with investors for the ownership of approximately US$21m of common stock and warrants.

US: Boru Vodka launches website

19 Apr 2007

Castle Brands has launched a website for its flagship Boru Vodka brand.

US: SAB introduces new quart bottles

17 Apr 2007

South African Breweries (SAB) has announced plans to replace its existing 750ml 'quart' bottle with a returnable model.

US: Year ends with a bang for Castle Brands

10 Apr 2007

Castle Brands has posted a healthy lift in sales volumes for the last quarter of its fiscal year.

US: Second Castle Brands CFO quits

21 Mar 2007

Castle Brands has lost its second finance chief in under five months.

IRELAND: Scion unveils premium cream liqueur

14 Mar 2007

An Irish company is set to launch what it describes as “the world’s first super-premium cream liqueur”.

US: Castle unveils Boru vodka revamp

26 Feb 2007

Castle Brands has updated the look of its flagship vodka offering. The US spirits group unveiled the new look for Boru Vodka today (26 February) and announced it was upping the number of times the vodka is distilled from four times to five.

US: C&C executive joins Castle Brands

21 Feb 2007

Castle Brands has appointed an export director for its Irish subsidiary.

US: Higher marketing costs weigh on Castle

13 Feb 2007

US spirits group Castle Brands has seen quarterly losses inch up on the back of increased marketing costs.

US: PepsiCo lines up next dividend payment

5 Feb 2007

PepsiCo has confirmed details of its next quarterly dividend payment.

UK: Castle secures UK listing for Boru

25 Jan 2007

Castle Brands has secured a listing for its Boru Irish vodka brand in a major UK supermarket chain.

S AFRICA: SAB seeks talks on competition claims

19 Jan 2007

South African Breweries is seeking a meeting with the country’s competition watchdog next month to hold talks on allegations that it has broken competition rules on distribution.

CANADA: Corby Distilleries CEO to leave

12 Jan 2007

The president and CEO of Corby Distilleries is to stand down.

US: PepsiCo closes Naked Juice buy

8 Jan 2007

PepsiCo’s acquisition of self-styled super premium juice producer Naked Juice Co. has been completed.

US: Management changes at Castle Brands

7 Dec 2006

Castle Brands has appointed a chief commercial and marketing officer, as well as a new CFO.

US: Pepsi gets anti-trust okay on Naked deal

5 Dec 2006

PepsiCo has received US antitrust clearance to buy Naked Juice Co. from private equity firm North Castle Partners.

US: PepsiCo gets Naked in juice deal

22 Nov 2006

PepsiCo has snapped up self-styled super-premium juice producer Naked Juice Co. from US private equity group North Castle Partners.

US: Castle posts "expected" first-half loss

15 Nov 2006

Castle Brands has said it expected to post a first-half loss due to its increased marketing investment and costs related to its status as a public company.

US: Castle Brands CFO quits

1 Nov 2006

The chief financial officer at US-based spirits group Castle Brands has resigned.

US: Castle Brands names sales VP

24 Oct 2006

Castle Brands has appointed a vice president of sales for the east coast of the US.

US: Castle Brands buys into Bourbon

17 Oct 2006

US spirits group Castle Brands has bought Kentucky Bourbon producer McLain & Kyne for an undisclosed sum.

US: Management changes at Castle Brands

31 Aug 2006

Castle Brands has announced some changes in its regional management structure.

S AFRICA: SAB launches returnable packaging

15 Aug 2006

South African Breweries (SAB) has launched an eco-friendly, returnable bottle for its domestic market.

US: Vodka boosts Castle as IPO hits earnings

14 Aug 2006

A leap in vodka sales has given a boost to Castle Brands as the US spirits group posted a widely-anticipated loss during its first quarter.

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