date:Aug 03, 2012
June 30, although Horintos brand sales fell 7%.
Shattock told Gurkin:Long-term tequila is going to be a very attractive global category. Its very important for us, but we faced this situation of an excess of supply versus demand but we think that will even out, probably in 2013 and beyond rather than this year.
Rising stars and power brands
What was encouraging was tequila returning to growth in the market, Shattock said:From our point of view, this reflects our decision to focus on brand bu