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Brown-Forman Sales 85% from Outside U.S.

About 85% of Brown-Forman Corp.’s sales growth over the last 10 years has come from markets outside the U.S., Don Berg, CFO, told investors yesterday. “We think Brown-Forman has a long runway for growth,” he added, noting that Brown-Forman currently … Continue reading

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In Today’s Issue . . .

Painfully Slow Growth Seen for Bars, Taverns, Full-Service Restaurants Diageo Moving Miami Office What Next With Jose Cuervo? Facebook Now Peddling Wine Technomic Identifies Key Trends for 2013 Gosling’s Rum to Sponsor Leukemia Cup Regatta Heineken Sponsors U.S. ADR Program … Continue reading

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In Today’s Issue

• Korbel Sales Up 6% Even as French Wine Shipments Fall 5% • Senate Passes Trade Deal with Russia; DISCUS Says It Will Boost Exports • TTB Moves to Reduce Bond Requirement for Small Brewers • Upland Brewery to Launch … Continue reading

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The Best Business Book Ever . . .

. . . is Turnaround: Crisis, Leadership and the Olympics  by Mitt Romney.  It’s inside story  of how he turned the Salt Lake City Olympics from a scandal-ridden business and political disaster into perhaps the most successful Winter Olympics ever. … Continue reading

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WSWA Awards College Scholarships

Children of 10 wine and spirits wholesaler employees were awarded $2,500 college scholarships by the WSWA Educational Foundation, the charitable arm of the Wine & Spirits Wholesalers of America (WSWA). The competitive awards are presented each year to college student … Continue reading

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Charles Krug Back to Pre-Recession Levels without Print Advertising, Breaks Ground Today for New Visitor Center, Tasting Room

Like many luxury wine producers, Charles Krug Winery found the Great Recession to be “very challenging,” Peter Mondavi Jr., co-proprietor, told Kane’s Beverage News Daily.  “But because of its strong branding, it turned around quickly and now we’re back to … Continue reading

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