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What’s Happening in Wine & Spirits. Megan Metcalf Editor Wine & Spirits Daily. Knowing what to expect in 2010. The million dollar question. A return to consolidation. The big aren’t satisfied...they’re still getting bigger. Deals made so far this year:.

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what s happening in wine spirits

What’s Happening in Wine & Spirits

Megan Metcalf

Editor

Wine & Spirits Daily

knowing what to expect in 2010

Knowing what to expect in 2010

The million dollar question

a return to consolidation

A return to consolidation

The big aren’t satisfied...they’re still getting bigger

deals made so far this year
Deals made so far this year:
  • The Big Kahuna: Berkshire Hathaway subsidiary to acquire Empire Distributing
  • RNDC enters Indiana by acquiring “certain assets” of National Distributing
  • Southern granted wholesaler permit in IN
  • Southern strikes j-v with J.J. Taylor Companies in Minnesota
  • Southern strikes j-v with Frederick P Winner
our knight in shining armor

Our knight in shining armor

The on-premise will prompt trading up

the streets are alive with discounting

The streets are alive with “discounting”

"We're waiting to see the leading indicators move -- consumer confidence, etc -- which will then give us the ability to move on price increases and improved mix for the business.” – Ivan Menezes, Diageo North America president, Reuters Food and Agriculture Summit

however not everyone was cutting back

However, not everyone was cutting back

“It's those brands that have the stomach to continue to hold pricing and continue to advertise that are going to be successful in the long run.” - John McDonnell, coo of Patron Spirits.

different brands are building a presence

Different brands are building a presence

Trading down has given new brands a name

southern hemisphere wines will rule the roost

Southern Hemisphere wines will rule the roost

Puts added pressure on domestic wines

biggest stories of 2009
Biggest Stories of 2009
  • Constellation consolidates its wholesaler network
  • Diageo drops out of the Bordeaux business
  • Constellation sells its value spirits brands to Sazerac
  • Foster’s Group announces results of strategic wine review
  • Pernod sells Wild Turkey to Campari
the biggest stories of 2010 so far
The biggest stories of 2010 so far...
  • Wholesaler consolidation – big get bigger
  • Courts rule on direct to consumer shipping
  • Rum wars involving Diageo and Bacardi
  • French sell fake pinot noir to E&J Gallo
  • 2nd largest CA wine crush
  • Discus reaches out to small distillers
  • Future: Foster’s will announce wholesaler consolidation this summer
thank you

Thank you

Megan Metcalf

Editor

Wine & Spirits Daily

www.winespiritsdaily.com

megan@winespiritsdaily.com

210.805.8006