Fortune Reveals New Strategies, Tom Flocco Leaves

Fortune Chief Bruce Carbonari said spirits remained resilient in the U.S. in the third quarter, but it’s too soon to see how consumers will respond in the oh-so-important fourth quarter. So far, the company hasn’t seen significant changes in consumer behavior to date.Bruce reiterated that consumption patterns have shifted to the off premise which accounts for more than three quarters of U.S. sales. In addition, the company has seen some slowing in trading up but high end spirits brands continue