Ste. Michelle Wine Estates president and CEO Ted Baseler will retire October 1 after a 17-year tenure leading the Washington-based wine giant. Baseler will be succeeded by Jim Mortensen, a veteran of Philip Morris International.
Global breweries are reinventing themselves to cater to local beer demand from Africa, in light of predictions that the continent could account for 40% of global volume within the next 10 years.
Consolidation has put small and medium-sized wineries in a vise. Climate change and soaring real estate prices have tightened the screws.
SINGAPORE (IFR) - Thai Beverage is returning to the baht market with an ambitious plan to raise at least Bt70bn (US$2.1bn) in Thailand’s largest corporate bond issue, just five months after its latest Bt50bn financing.
Kilchoman Distillery, a single-malt whisky maker, partnered with near-field communications (NFC) marketing provider Thinfilm on a campaign that boosted engagement with consumers, according to a case study.
During the last century, almost half of Scotland’s distilleries have been shut down, with many destroyed or forgotten.
Wine companies are being encouraged to participate in Wine Australia’s inaugural Cellar door and direct-to-consumer survey to help develop best practice customer engagement.
Constellation Brands (NYSE:STZ) launched into the wine industry more than 70 years ago and jumped into the spirits arena 25 years ago.
The 7-Eleven Group has bought a majority stake Australian alcohol delivery start-up Tipple as it aims to meet the changing needs of its customers.
The American distilled spirits industry is booming. From new small, craft distillers to long-established brands, American workers and ingenuity are driving a spirits renaissance.