AI – Page 2 – Keep It Overproof!

Ashes to Ashes. Dust to Dust. Or, in Washington State, You Could Now Be Compost.

Posted in Beer, Industry, Spirits, Wine.

Gov. Jay Inslee signed legislation making Washington the first state to approve composting as an alternative to burying or cremating human remains. Source: Ashes to Ashes. Dust to Dust. Or, in Washington State, You Could Now Be Compost. By Adeel Hassan May 22, 2019 For most Americans, there are two main choices after death: burial or cremation. But now people in Washington State have a third legal option: They can have their bodies turned into soil. Gov. Jay Inslee signed legislation on Wednesday allowing the practice of “aboveground decomposition,” making Washington the first...

Endeavor Group, Owner of UFC and Miss Universe Pageant, Files for IPO

Posted in Beer, Industry, Spirits, Wine.

The company that owns the Ultimate Fighting Championship, the Miss Universe pageant and Hollywood’s largest talent agency filed for an initial public offering on the NYSE. Source: Endeavor Group, Owner of UFC and Miss Universe Pageant, Files for IPO Even as Hollywood’s biggest talent agency tries to reinvent itself as an international entertainment and marketing powerhouse, it remains heavily dependent on its business of representing actors, athletes and other creative types, according to a prospectus filed ahead of an initial public stock offering. Endeavor Group Holdings Inc., in a federal...

How AI And Predictive Analytics Drive Marketing Success

Posted in Beer, Industry, Spirits, Wine.

When it comes to marketing, historical data should always be a driver for strategy and planning. Predictive analytics is the next level of using that data for marketing success. Predictive analytics is the use of data, statistical algorithms and AI techniques to identify possible future outcomes. This can help you stay ahead of the curve and assess the future of your marketing. Here are a few ways that you can use AI and predictive analytics in your marketing. Optimizing marketing campaigns With predictive analytics, it works just like the Scientific Method by having a hypothesis and then...

2019 Market Update | Day 77

Posted in Beer, Industry, Spirits, Wine.

Analysts Dismiss Pernod Ricard’s Rumoured Wine Sale https://www.thedrinksbusiness.com/ by Arabella Mileham 18th March, 2019 Analysts have poured cold water on the rumour that Pernod Ricard is mulling a sale of its wine division, arguing that while there may be further sales of non-core brands, a wholesale disposal of the entire wine division is “unlikely”. Analysts firm Jefferies International issues a note in response to a report in Bloomberg last week that claimed the French drinks company was in “early discussions” on a potential sale of its $500 million wine...

2019 Market Update | Day 75

Posted in Beer, Industry, Spirits, Wine.

Corona brewer Constellation is nearing a deal to sell some wine brands to E. & J. Gallo Constellation Brands is in advanced talks to sell its some of its low-end wine brands to E. & J. Gallo Winery, people familiar with the situation tell CNBC. Constellation put its U.S. wine business, which includes brands like Clos du Bois, Mark West and Arbor Mist, up for sale last year as part of its move into cannabis. Sales of non-premium wine have slowed, as millennials focus increasingly on health and alternative indulgences like cannabis. CNBC Lauren Hirsch 15 March 2019 Constellation Brands...

2019 Market Update | day 73

Posted in Beer, Industry, Spirits, Wine.

Premium spirits to boost global consumption https://www.thespiritsbusiness.com/ by Amy Hopkins 14th March, 2019 The soaring popularity of whisky, gin and flavoured spirits is forecasted to enable global spirits consumption to reach a value of US$366 billion in 2022, according to a new report from Vinexpo and IWSR. This marks a value increase of 14.9% between from 2017-2022, with a compound annual growth rate (CAGR) of 2.8% for the same period. Volume spirits consumption is estimated to hit 3.2 billion nine-litre cases, a 1.2% rise from 2017-2022, with a CAGR of 0.2%. The data has been...

2019 Market Update | day 72

Posted in Beer, Industry, Spirits, Wine.

Pernod Weighs Sale of Jacob’s Creek, Campo Viejo Wines https://www.bloomberg.com/ By Ruth David and Thomas Buckley March 13, 2019 Pernod Ricard SA is considering a sale of its wine division, which includes Australia’s Jacob’s Creek and Spain’s Campo Viejo labels, according to people familiar with the matter. The world’s second-largest distiller has held early discussions on a potential sale of the unit, which has sales of about $500 million, said the people. Deliberations are at a preliminary stage and Pernod may ultimately decide to retain the business,...

2019 Market Update 70

Posted in Beer, Industry, Spirits, Wine.

Anheuser-Busch Chasing Online Beer Sales As Grocery E-Commerce Picks Up Steam https://www.marketwatch.com/Tonya garciaMarch 12, 2019 As online grocery sales slowly creep higher, anheuser-busch inbev s.a. is wasting no time getting a foothold in the burgeoning e-commerce beer sector, which is only just starting to come to the attention of shoppers. Through ab inbev’s bud, -0.12% global growth and innovation group, zx ventures, it is working across north america to “elevate the beer category online,” which only made up less than 1% of the market in the u.s. in 2017. According...

MillerCoors takes another swipe at Bud Light for its corn syrup Super Bowl ad?

Posted in Beer, Industry, Spirits, Wine.

MillerCoors published Nielsen data showing Bud Light’s falling sales since the rival beer aired a Super Bowl ad attacking Miller Lite and Coors Light for using corn syrup in their products.MillerCoors had already hit back at Bud Light on Twitter and with a full-page New York Times ad. The ad further jeopardized a beer alliance after MillerCoors pulled out of a meeting scheduled for this month. MillerCoors took another swipe at Bud Light in a blog post that pointed to the rival beermakers’ falling sales since it aired its Super Bowl ad that called out Miller and Coors’ use...

Banfi Vintners and Riunite/GIV agree to part ways

Posted in Beer, Industry, Spirits, Wine.

Banfi to focus on Premium & Luxury offerings. After a partnership spanning over 50 years, Banfi Vintners and Riunite have mutually agreed to part ways.Following a transition period ending June 10, 2019, Riunite and GIV brands will be marketed in the USA by Frederick Wildman and Sons. “With all the history we have made together, this is a difficult announcement to make,” says Banfi Vintners CEO Cristina Mariani-May. “However, after thoughtful consideration for our long-term goals, both sides concluded that it is time to move on.” Banfi began importing Riunite...

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