Tag: Banfi

2019 Market Update 70

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...

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Banfi Vintners and Riunite/GIV agree to part ways

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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