Brown-Forman shake-up wins praise amid spirits industry downturn
Wall Street analysts see the positives as the spirits major seeks savings – in part via job cuts – to “position the company for continued growth”.
16 January 2025
16 January 2025
Wall Street analysts see the positives as the spirits major seeks savings – in part via job cuts – to “position the company for continued growth”.
Global Brands has distributed the RedLeg Spiced Rum maker's portfolio for selected UK off-trade channels since March.
The Distribution Vignerons Réunis (DVR), will focus on mass distribution of the three cooperatives' wines in France, to "maximise" their "visibility", a joint statement said.
Molson Coors has reportedly rejected the Leinenkugel family's proposal to pursue an NDA.
The wine and spirits giant will initially distribute Spritz Society drinks in South Carolina, Illinois, Texas, and Florida.
According to Overstory, this acquisition will enable it to “double" volumes in Tasmania in the next three years.
Bill Creelman, Spindrift's founder and current CEO, will become chair of the company's board.
The agreement between the two companies, covering distribution in Australia, will run to the start of August.
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