PremiumBrands

Diageo Sets Sights on Growth by Reviewing Beverage Portfolio

2 months ago

In a proactive move aimed at revitalizing its brand and boosting sales, the beverage giant Diageo is reportedly embarking on a thorough reassessment of its drinks portfolio. This strategic review comes as the company seeks to navigate an evolving market landscape marked by shifting consumer preferences and increased competition.

Sainsbury's Sales Surge as Customers Embrace Premium Store Brands

5 months ago

In an impressive financial turnaround, Sainsbury's has reported a notable increase in sales, attributed largely to a growing trend among consumers towards premium store brand offerings. This shift in shopping behavior reflects a wider movement where shoppers are opting for higher-quality products often offered at competitive prices compared to national brands.

Butterfly Equity Acquires Napa Valley Winemaker Duckhorn in a $1.95 Billion Deal

6 months ago

In a notable development in the wine industry, Butterfly Equity, a Los Angeles-based private equity firm, has reached an agreement to acquire The Duckhorn Portfolio Inc., a renowned winemaker hailing from California's iconic Napa Valley, in a transaction valued at approximately $1.95 billion. The acquisition underscores the rising interest and investment in premium wine brands.