Pernod Introducing Its Absinthe In US
Pernod Ricard has announced that it will introduce its namesake absinthe brand in the U.S. market. The launch represents the first foray into absinthe by a major player in the U.S. spirits market. Pernod Absinthe will be launched in on- and off-premise....IMPACT
Duffy To Lead Pernod Ricard USA
Paul Duffy, former Chairman and CEO of Pernod Ricard’s Irish Distillers unit, will take over the reins as Chairman and CEO of the French drinks giant’s U.S. subsidiary, Pernod Ricard USA, as of July 1. Previously, Duffy served as CEO of Pernod Ricard....IMPACT
Remy Appoints Sales Strategy Exec
Xavier Desaulles has been appointed Senior Vice President-Sales Strategy of Remy Cointreau USA. In his newly created position, Desaulles will oversee RCUSA’s wholesaler network and guide the company through the changes resulting from its expanded....IMPACT
Bacchus Set To Deal In Wine Country
Bacchus Capital Management, the wine investment fund started last year by Sam Bronfman II and partners Peter Kaufman and Henry Owsley, is now raising money and ready to do deals. Bacchus plans to be a $100 million fund specialized in mezzanine and....IMPACT
Russian Standard Taps Marketing Exec
Russian Standard has announced the appointment of Dmitry Shirshov as Vice President, Marketing and Sales, a newly created position. Shirshov comes to Russian Standard from U.K. brewer Scottish & Newcastle—acquired this past winter by the Heineken....IMPACT
Gallo Unveils 2007 Pölka Dot Riesling
E&J Gallo Winery, has unveiled the 2007 edition of its Pölka dot Riesling wines. It will be the second year of production for the Pölka dots, which were launched in June 2007. The wines’ Riesling grapes originate in the Pfalz region of Germany and....IMPACT
Diageo, USVI Form Pact On Captain
Diageo and the U.S. Virgin Islands have formed a pact that will allow the territory to become the hub of Captain Morgan production for the U.S. The initiative allows for the construction of a St. Croix distillery that will have an estimated annual....IMPACT
Foster's Seeking New CEO To Follow O'Hoy
Australian wine giant Foster’s Group is searching for a new Chief Executive following the resignation of CEO Trevor O’Hoy on June 10. O’Hoy, who had been in the position since 2004, lead Foster’s to become one of the world’s largest winemakers due....IMPACT
CEDC Takes Stake In Russian Vodka Player
Continuing its aggressive expansion in Russia, U.S.-based Central European Distributing Corp. (CEDC) recently purchased a 40% stake in Russian Alcohol Group (RAG)—the owner of the large-selling Green Mark and Zhuravli vodkas, among many other spirits....IMPACT
France's Meffre Creates US Arm
France’s Gabriel Meffre, a Rhone Valley wine producer founded in 1936, has established Gabriel Meffre America Inc. Lionel de Ravel has been named National Director of the Princeton, New Jersey-based operation.
Gabriel Meffre America will import....IMPACT
Pernod Ricard Plans Fewer Absolut Flavors
Despite the currently troubled state of the U.S. economy, Pernod Ricard CEO Pierre Pringuet says the company’s latest acquisition, Absolut vodka, has “a brilliant growth future” in the market. Pringuet said Absolut outpaced the U.S. vodka category....IMPACT
