Beam Ignores the Noise, Focuses on Growth
FILED MAY 24, 2013 Beam Inc. has faced constant scrutiny and discussions on its position as an acquisition target for years, whether that will come to pass or not remains to be seen. Where some companies in Beam's position might operate like there is a finish line ahead, they continue to operate as if they will be around for the long term. Read More
Ciroc Adding an Amaretto?
FILED MAY 23, 2013 Yesterday artist and entrepreneur Sean "P. Diddy" Combs let the cat out of the bag that Ciroc would soon be introducing an Amaretto flavor. P. Diddy was visiting the Pennsylvania Liquor Control Board members in order to discuss the brand and new flavors when local media picked up on the news. Read More
Supplier Association Execs Agree (to Disagree)
FILED MAY 22, 2013 Industry members of all beverage alcohol industries spent last week enjoying the sunshine and the freedom to wear shorts at NABCA's annual conference in Arizona. It's not often that all three industries come together, so supplier association executives Joe McClain (president of the Beer Institute), Peter Cressy (ceo of the Distilled Spirits Council) and Bobby Koch (ceo of the Wine Institute) took the opportunity to discuss some of the issues facing all of them. Read More
Beer's Loss is Wine and Spirits' Gain
FILED MAY 21, 2013 Beer has commanded the largest share of the alcoholic beverage category for decades. But as consumers demand more variety, wine and spirits have the wind at their back. Interestingly, US beer consumption peaked in 2008, while wine and spirits trends have been consistently growing for more than 20 years, David Decker, president of Consumer Edge Insights, told NABCA attendees last week. Read More
What's Next for Missouri?
FILED MAY 20, 2013 The contentious and heavily-lobbied Missouri franchise bill (SB 114) did not make it to a vote on Friday before the state Senate session came to a close. You'll recall the legislation would have provided a more narrow definition of "franchise" as it applies to alcohol, making it harder for suppliers to remove their brands from their current distribution houses. Read More
MO Decides the Fate of Franchise Bill Today
FILED MAY 17, 2013 We're down to the last few hours of the 2013 Missouri legislature session and the fate of the franchise legislation bill (SB 114) is still unknown. Yesterday members of the Senate and House convened hoping to strike a compromise before the end of the session today. Read More
Interesting Changes Afoot in the Vodka Category
FILED MAY 16, 2013 Talk of vodka price wars earlier this week (see WSD 05-13-2013 ) got us thinking about the vodka category as a whole. It's impressive to think that as the largest spirits category, it continues to post growth. Vodka currently commands 34% share of the spirits market in control states, and still managed to grow volumes by 4.5% and dollar sales by 6%, per 12-month NABCA data. To put things into perspective, Irish whiskey remains the fastest growing overall spirits category at 18% in terms of volume, but only makes up 0.8% share of the total market. Read More
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