News

USA: Diageo responds to Allied's Stoli rights win

Most popular

Why water has become more important than wine

Should Campari Group be renamed Aperol Group?

just-drinks speaks to A-B InBev CEO Carlos Brito

Stoli Group’s AC/DC Thunderstruck Tequila- Comment

MORE

Commenting on today's announcements on the possible future of rights to Stolichnaya vodka, Paul Clinton, Chief Executive Officer of Guinness UDV in North America said: "Stolichnaya has been an integral part of the UDV brand portfolio since the early 1990's. During this period, we have substantially increased brand volume, reversing years of decline."These significant strides have been attained in spite of a number of troubling and serious uncertainties surrounding this brand. Even now, ownership of the Stolichnaya trademark in Russia is a matter of substantial doubt. In recent weeks, the Russian government itself has challenged ownership of the brand," he said.Clinton continued: "Equally troubling from a strategic business perspective is the escalating concern over a consistent supply of Stolichnaya. These supply uncertainties derive from Russian domestic disputes concerning ownership of the distilleries where the product is made."UDV has developed an impressive Stolichnaya business, but existing trademark ownership and supply questions have served to strengthen our long-held conviction that UDV's primary focus should always be squarely centred on its global priority brands."He concluded: "As circumstances unfold, UDV will, however, maintain a vigilant and active interest in Stolichnaya since the trademark and supply issues may well ultimately be resolved in a manner that preserves the status quo."


Related Content

"In other companies, it would have taken us three years to do what we have done in past six months" ...

Pernod Ricard granted US Havana Club trademark rights

Pernod Ricard granted US Havana Club trademark rights...

Is Irish whiskey ready to recognise its potential? - Comment

Is Irish whiskey ready to recognise its potential? - Comment...

"Havana Club belongs to Cuba" - just-drinks meets Cuba Ron Corp president Juan Gonzalez...

Oops! This article is copy protected.

Why can’t I copy the text on this page?

The ability to copy articles is specially reserved for people who are part of a group membership.

How do I become a group member?

To find out how you and your team can copy and share articles and save money as part of a group membership call Sean Clinton on
+44 (0)1527 573 736 or complete this form..



Forgot your password?