Fortune Expects “Pretty Normal” Holidays

Dear Client: Fortune Brands chief Bruce Carbonari expects a "pretty normal" holiday season this year, he said during the company's third quarter results ended September 30. Although "it's hard to tell right now," Bruce said "it seems that mix is better going into the holiday season. We are definitely seeing a return to premiumization. As far as promotions go, we aren't seeing anything too unusual." He noted that promotions seem to be centered on certain areas, such as tequila "mainly