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Labatt Brewing Co Ltd

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BUSINESS
October 1, 1999 | GREG HERNANDEZ, TIMES STAFF WRITER
It was one of the most popular imported products in the United States, with a distinctly German bent and a commercial jingle so popular that it was parodied on "Saturday Night Live." But the formula for the product was changed in the mid-1970s when its U.S. distribution rights were sold to an American company, and it was repositioned to compete against more affordable domestic brands. Since then, it has all but fallen off the map.
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BUSINESS
October 1, 1999 | GREG HERNANDEZ, TIMES STAFF WRITER
It was one of the most popular imported products in the United States, with a distinctly German bent and a commercial jingle so popular that it was parodied on "Saturday Night Live." But the formula for the product was changed in the mid-1970s when its U.S. distribution rights were sold to an American company, and it was repositioned to compete against more affordable domestic brands. Since then, it has all but fallen off the map.
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BUSINESS
December 1, 1993 | From Times Staff and Wire Reports
Labatt Sues Rival Brewers Miller, Molson: Canadian brewer John Labatt has sued the beer makers alleging trademark infringement over so-called "ice beer" products. Toronto-based Labatt said it filed for trademark protection for the ice-brewing process and for the resulting product in November, 1992. The application is pending. In the suit filed in Detroit, Labatt claims that Milwaukee-based Miller Brewing Co.
BUSINESS
December 1, 1993 | From Times Staff and Wire Reports
Labatt Sues Rival Brewers Miller, Molson: Canadian brewer John Labatt has sued the beer makers alleging trademark infringement over so-called "ice beer" products. Toronto-based Labatt said it filed for trademark protection for the ice-brewing process and for the resulting product in November, 1992. The application is pending. In the suit filed in Detroit, Labatt claims that Milwaukee-based Miller Brewing Co.
BUSINESS
June 2, 1989 | From Reuters
Canada's Labatt Brewing Co. Ltd., fresh from breaking into the British beer market, Thursday elbowed its way into traditionally wine-drinking Italy with the purchase of a 70% stake in Birra Moretti SpA. "Italy is a growth market. Most of the other European markets are not growing," said Sid Oland, president of Labatt Brewing. "We will be the third-largest brewer in Italy with 10% of the market." Oland would not say how much his company, Canada's largest brewer, had paid for the controlling stake in Moretti, but industry analysts put the cost as high as $80 million U.S. Oland said the remaining 30% of Moretti, based in Udine, will be held by the Moretti family and the company will continue to be managed by Luigi Menazzi Moretti, its president.
BUSINESS
June 7, 1989 | From Reuters
Canadian brewers, worried that cheaper U.S. beer is grabbing a growing share of a stagnating market, have accused some U.S. rivals of dumping and are pushing officials to boost prices of the competing brands. "They are dumping and selling in Canada at a price less than their home market," said Howard Collins, a spokesman for the Brewers Assn. of Canada. But the brewers are unwilling to lodge an official complaint with the Canadian government, even though they say hundreds of jobs are threatened.
NEWS
May 21, 1987 | RONALD L. SOBLE, Times Staff Writer
Question: I'm an Olympic pin collector and would like to know the dates of next winter's Olympic Games and, particularly, the advertisers, so I can make plans to try for certain pins.--G.N. Answer: You might want to get the Bill Nelson Newsletter (monthly, $1 a copy, P.O. Box 41630, Tucson, Ariz. 85717), because he keeps careful track of such things. Nelson said the May issue is free to anyone who will write him. The winter games are Feb. 13-28.
BUSINESS
July 25, 1992 | MARY WILLIAMS WALSH, TIMES STAFF WRITER
A long-brewing dispute between Canada and the United States spilled over Friday, as hefty new duties were imposed on beer sold between the two countries. The beer battle bodes poorly for the North American free trade agreement, a sweeping three-way pact that is supposed to be completed during talks this weekend in Mexico City. Canada already has a two-way free trade pact with the United States.
NEWS
June 12, 1991 | THOMAS S. MULLIGAN, TIMES STAFF WRITER
Profit margins are eroding, operating expenses are spiraling upward, start-up costs are astronomical and still rising, and Congress is talking about doing away with some of the industry's cherished legal protections. Throw in a shortage of qualified labor, strained relations with key customers, a lousy economic climate, and it is a wonder why anybody would want to get into this business. But when the business is big league baseball, investors are ready to play--even if the ante is $95 million.
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