Tequila Avion founder, president to remain involved with brand
January 18, 2018
New York-based Pernod Ricard USA is announced that it has completed the acquisition of the remaining stake in Avión Spirits LLC, owner of the ultra-premium tequila brand Avión, from its joint-venture partner Tequila Avión, New York. Founder Ken Austin and President Jenna Fagnan, along with Grammy Award winner Jeezy, will remain highly involved and financially incentivized at least until 2020 to help fuel its next wave of growth, the company says.
Company reports net sales growth of 10 percent from prior year period
January 12, 2018
For the first six months of the fiscal year, the company’s reported net sales increased 10 percent to $1.6 billion, compared with the prior-year period.
Indianapolis-based Easley Winery announced that it has completed a multi-million-dollar investment in property and equipment at its facility in downtown Indianapolis.
Report reviews drink sales in restaurant, bar business
January 12, 2018
Drink sales remain a dynamic and important part of the restaurant and bar business, but finding growth continues to be a challenge for operators and brand marketers alike.
Blenders’ Batch Sherry Cask Finish exclusively available in duty-free stores
January 10, 2018
This New Year, the team behind Johnnie Walker, a brand of Norwalk, Conn.-based Diageo North America Inc., released a special-edition whisky exclusive to travelers: Johnnie Walker Blenders' Batch Sherry Cask Finish, which now is available in duty-free stores worldwide.