SYDNEY--(BUSINESS WIRE)--
Brown-Forman Australia (NYSE:BFA) (NYSE:BFB) announced today that it has
been appointed the exclusive distribution rights to Jägermeister,
effective July 1, 2013. Jägermeister has become a leading liqueur brand
in Australia since it was introduced eleven years ago, transcending pop
culture and building legions of loyal consumers.
In September of last year, Jägermeister introduced two RTDs in
Australia, Jägermeister Raw and Jägermeister Ginger & Lime, to offer the
great taste of Jägermeister as premium all natural RTDs. These were the
first two brand extensions in the history of the franchise and provide a
strong platform for future growth.
“Jägermeister has achieved an enviable position in the on-premise and
achieved national distribution since its introduction to the Australian
market and is experiencing encouraging early results for the RTDs,” said
Marshall Farrer, managing director for Brown-Forman Australia. “We are
pleased to add this brand to our portfolio in Australia.”
“After more than a decade of great success, we now look forward to
taking Jägermeister to the next level in the Australian market,” said
David Bell, Regional Director Asia Pacific at Mast-Jägermeister SE.
Suntory will continue to distribute Jägermeister through June 30 and the
companies will jointly work to ensure a smooth transition for all
customers.
For more than 140 years, Brown-Forman Corporation has enriched the
experience of life by responsibly building fine quality beverage alcohol
brands, including Jack Daniel’s Tennessee Whiskey, Southern Comfort,
Finlandia, Jack Daniel’s & Cola, Canadian Mist, Korbel, Gentleman Jack,
el Jimador, Herradura, Sonoma-Cutrer, Chambord, New Mix, Tuaca, and
Woodford Reserve. Brown-Forman’s brands are supported by nearly 4,000
employees and sold in approximately 160 countries worldwide. For more
information about the company, please visit http://www.brown-forman.com/.
Mast-Jägermeister SE is a family owned company, which was founded in
Germany in 1878. It has produced its globally successful premium liqueur
for over 75 years. Jägermeister, which currently ranks number seven in
the list of Impact Top Spirits Brands Worldwide, is based on a
secret recipe of 56 different herbs, blossoms, roots and fruits from all
over the world.
Important Information on Forward-Looking Statements:
This report contains statements, estimates, and projections that are
“forward-looking statements” as defined under U.S. federal securities
laws. Words such as “aim,” “anticipate,” “aspire,” “believe,”
“envision,” “estimate,” “expect,” “expectation,” “intend,” “may,”
“plan,” “potential,” “project,” “pursue,” “see,” “will,” “will
continue,” and similar words identify forward-looking statements, which
speak only as of the date we make them. Except as required by law, we do
not intend to update or revise any forward-looking statements, whether
as a result of new information, future events, or otherwise. By their
nature, forward-looking statements involve risks, uncertainties and
other factors (many beyond our control) that could cause our actual
results to differ materially from our historical experience or from our
current expectations or projections. These risks and other factors
include, but are not limited to:
-
declining or depressed global or regional economic conditions,
particularly in the Euro zone; political, financial, or credit or
capital market instability; supplier, customer or consumer credit or
other financial problems; bank failures or governmental debt defaults
-
failure to develop or implement effective business, portfolio and
brand strategies, including the increased U.S. penetration and
international expansion of Jack Daniel’s Tennessee Honey, innovation,
marketing and promotional activity, and route-to-consumer
-
unfavorable trade or consumer reaction to our new products, product
line extensions, price changes, marketing, or changes in formulation,
flavor or packaging
-
inventory fluctuations in our products by distributors, wholesalers,
or retailers
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competitors’ consolidation or other competitive activities such as
pricing actions (including price reductions, promotions, discounting,
couponing or free goods), marketing, category expansion, product
introductions, entry or expansion in our geographic markets
-
declines in consumer confidence or spending, whether related to the
economy (such as austerity measures, tax increases, high fuel costs,
or higher unemployment), wars, natural or other disasters, weather,
pandemics, security concerns, terrorist attacks or other factors
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changes in tax rates (including excise, sales, VAT, tariffs, duties,
corporate, individual income, dividends, capital gains) or in related
reserves, changes in tax rules (e.g., LIFO, foreign income deferral,
U.S. manufacturing and other deductions) or accounting standards, and
the unpredictability and suddenness with which they can occur
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governmental or other restrictions on our ability to produce, import,
sell, price, or market our products, including advertising and
promotion in either traditional or new media; regulatory compliance
costs
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business disruption, decline or costs related to organizational
changes, reductions in workforce or other cost-cutting measures
-
lower returns or discount rates related to pension assets, interest
rate fluctuations, inflation or deflation
-
fluctuations in the U.S. dollar against foreign currencies, especially
the euro, British pound, Australian dollar, Polish zloty or Mexican
peso
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changes in consumer behavior or preferences and our ability to
anticipate and respond to them, including societal attitudes or
cultural trends that result in reduced consumption of our products;
reduction of bar, restaurant, hotel or other on-premise business or
travel
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consumer shifts away from brown spirits, premium-priced spirits, or
spirits products generally; shifts to discount store purchases or
other price-sensitive consumer behavior
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distribution and other route-to-consumer decisions or changes that
affect the timing of our sales, temporarily disrupt the marketing or
sale of our products, or result in implementation-related or higher
fixed costs
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effects of acquisitions, dispositions, joint ventures, business
partnerships or investments, or their termination, including
acquisition, integration or termination costs, disruption or other
difficulties, or impairment in the recorded value of assets (e.g.
receivables, inventory, fixed assets, goodwill, trademarks and other
intangibles)
-
lower profits, due to factors such as fewer or less profitable used
barrel sales, lower production volumes, decreased demand or inability
to meet consumer demand for products we sell, sales mix shift toward
lower priced or lower margin SKUs, or cost increases in energy or raw
materials, such as grain, agave, wood, glass, plastic, or closures
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natural disasters, climate change, agricultural uncertainties,
environmental or other catastrophes, or other factors that affect the
availability, price, or quality of agave, grain, glass, energy,
closures, plastic, water, or wood, or that cause supply chain
disruption or disruption at our production facilities or aging
warehouses
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negative publicity related to our company, brands, marketing,
personnel, operations, business performance or prospects
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product counterfeiting, tampering, contamination, or recalls and
resulting negative effects on our sales, brand equity, or corporate
reputation
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significant costs or other adverse developments stemming from class
action, intellectual property, governmental, or other major
litigation; or governmental investigations of beverage alcohol
industry business, trade, or marketing practices by us, our importers,
distributors, or retailers
For further information regarding these risks, please refer to the “Risk
Factors” and “Management’s Discussion and Analysis of Financial
Condition and Results of Operations” sections of our annual report on
Form 10-K and quarterly reports on Form 10-Q filed with the SEC.

Brown-Forman Corporation
Phil Lynch, 502-774-7928
Vice
President
Director Corporate Communications and Public Relations
or
Jay
Koval, 502-774-6903
Vice President
Director Investor Relations
Source: Brown-Forman Corporation