New York-based private equity firm Verus Investment Partners has sold the 156-year-old Pittsburgh Brewing Company to an undisclosed buyer.
Specific financial terms of the deal were not disclosed.
Industry leaders have urged the government to delay alcohol minimum unit pricing (MUP) outside Scotland as legislation edges closer south of the border.
eer giant AB InBev has confirmed it will raise prices across its entire portfolio thanks to “ongoing pressure” from the UK economy. AB InBev, which owns brands Budweiser, Stella Artois, Corona, Beck’s and Hoegaarden, said it will increase the wholesale prices of its beers by 3.9% from 1 February 2018.
BOSTON (PRWEB) January 23, 2018 - Wineries shipped $2.69 billion worth of wine directly to consumers in 2017, according to the 2018 Direct-to-Consumer (DtC) Wine Shipping Report from Sovos and Wines & Vines.
French beverage company Pernod Ricard's lead performance marketer Evan Huggins admits while the brand may be data poor when it comes to consumer transaction data, it's data rich when it comes to interactions from an advertising perspective.
YAMAGATA – Some wineries are moving to change their product names containing geographical terms ahead of a tightening of place-of-origin rules aimed at preventing consumer misunderstanding. Among them is Takeda Winery in Kaminoyama, Yamagata Prefecture.
Retailers and brands convened in New York City last week to experience the National Retail Federation’s Big Show, and once of the biggest topics on attendees’ minds was technology. From automation to personalization to social marketing, the growing importance of technology in the shopping experience was definitely top-of-mind for retailers and brands, including those in the food and beverage space.
The monopolies are coming. In almost every economic sector, including television, books, music, groceries, pharmacies, and advertising, a handful of companies control a prodigious share of the market.
Bacardi Ltd. is buying the maker of Patrón tequila in a deal that values the premium brand at $5.1 billion, said people familiar with the matter, one of the biggest liquor deals in years as rivals scramble to own more top shelf spirits.
There’s a Costco to one side of Gwendolyn Hammer’s house and a Sam’s Club to the other. But when the 28-year-old needs 12-packs of paper towels, or 36 rolls of toilet paper, she heads online instead.