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    CSW.A   CA2183491083

CORBY SPIRIT AND WINE LIMITED

(CSW.A)
  Report
Delayed Toronto Stock Exchange  -  03:59 2022-12-06 pm EST
16.99 CAD   +0.24%
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Corby Spirit and Wine : The Glenlivet's Caribbean Reserve is a Single-Malt Scotch Made for Summer

06/17/2021 | 09:16am EST

TORONTO, June 17, 2021 /CNW/ - The Glenlivet, already known as the drink challenging all of the archaic stereotypes of Scotch, has introduced its Caribbean Reserve, a smooth single malt that has been selectively finished in oak barrels that previously held Caribbean rum.

The result is a bold and tropical summery taste.

On the nose, the Caribbean Reserve has sweet notes of pear and red apple with a fabulous tropical twist of ripe bananas in syrup. Taste rich caramel and coffee notes followed by mandarin orange, vanilla and honey dew melon, with a finish that is well balanced and smooth.

"We often associate single-malt with images of wintry nights spent in front of a fireplace, but we'd like to challenge that idea because whisky is for winter...until it's summer," says Jayde De Brito, Marketing Intern - Prestige Brands. "The Glenlivet Caribbean Reserve's light-bodied characteristics and tropical fruit flavours adds a fresh twist to your summer drink."  

Just in time for the warmer weather, The Glenlivet is collaborating with David's Tea, the industry leader in specialty tea, to bring Canada a new and iconic summer drink. The Mango Punch is a refreshing and tropical summer cocktail that will make you feel like a bartender at home with its ease and convenience: 

  • Using a steeper or filter, steep two perfect spoonfuls of David's Tea Mango Fruit Punch in ½ cup of hot water for seven minutes.
  • Pour into a measuring cup and let cool to room temperature.
  • Fill an old fashioned glass with ice and add a shot of Caribbean Reserve, two shots of the Mango Fruit Punch concentrate, ½ teaspoon lemon juice and freshly grated ginger.
  • Stir, then add two dashes of orange bitters.
  • Garnish with a slice of lemon and enjoy.  

The fresh, summer taste of Glenlivet Caribbean Reserve is also ideal in Caribbean-themed cocktails. The Coco Breeze is a simple and refreshing drink, ideal for poolside:

  • Fill a tall glass with ice.
  • Pour in a shot of Caribbean Reserve and two ounces of coconut water.
  • Stir and garnish with a lime wedge.  

When planning your next summer activity, add a twist by bringing The Glenlivet Caribbean Reserve because whisky and summer, why not? 

The Glenlivet Caribbean Reserve is now available for purchase at your local retailer and will be rolling out in Quebec soon.

For more brand information and news, visit https://www.theglenlivet.com/ and stay tuned for guerilla samplings happening in Toronto.

About Corby Spirit and Wine 
Corby Spirit and Wine Limited is a leading Canadian manufacturer, marketer and distributor of spirits and wines. Corby's portfolio of owned-brands includes some of the most renowned brands in Canada, including J.P. Wiser's®, Lot 40®, and Pike Creek® Canadian whiskies, Lamb's® rum, Polar Ice® vodka, McGuinness® liqueurs, Ungava® gin, Cabot Trail® maple-based liqueurs and Chic Choc® Spiced rum, and Foreign Affair® wines. Through its affiliation with Pernod Ricard S.A., a global leader in the spirits and wine industry, Corby also represents leading international brands such as ABSOLUT® vodka, Chivas Regal®, The Glenlivet® and Ballantine's® Scotch whiskies, Jameson® Irish whiskey, Beefeater® gin, Malibu® rum, Kahlúa® liqueur, Mumm® champagne, and Jacob's Creek®, Wyndham Estate®, Stoneleigh®, Campo Viejo®, and Kenwood® wines. Corby is a publicly traded company based in Toronto, Ontario, and listed on the Toronto Stock Exchange under the trading symbols CSW.A and CSW.B.  For further information, please visit our website or follow us on LinkedInInstagram, or Twitter

SOURCE Corby Spirit and Wine Communications

© Canada Newswire, source Canada Newswire English

Stocks mentioned in the article
ChangeLast1st jan.
CORBY SPIRIT AND WINE LIMITED 0.24% 16.99 Delayed Quote.1.07%
PERNOD RICARD 0.75% 189.15 Real-time Quote.-10.57%
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Financials
Sales 2022 159 M 117 M 117 M
Net income 2022 23,4 M 17,2 M 17,2 M
Net cash 2022 48,8 M 35,8 M 35,8 M
P/E ratio 2022 21,0x
Yield 2022 5,57%
Capitalization 475 M 349 M 349 M
EV / Sales 2021 2,64x
EV / Sales 2022 2,75x
Nbr of Employees 177
Free-Float 55,6%
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Managers and Directors
Nicolas Stanislas Krantz President, Chief Executive Officer & Director
Juan Alonso Chief Financial Officer, Director & VP
George F. McCarthy Chairman
Patricia L. Nielsen Independent Director
Helga Reidel Independent Director
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