{"id":849632,"date":"2025-05-09T16:14:20","date_gmt":"2025-05-09T20:14:20","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/brown-forman-and-korbel-champagne-cellars-conclude-relationship\/"},"modified":"2025-05-09T16:14:20","modified_gmt":"2025-05-09T20:14:20","slug":"brown-forman-and-korbel-champagne-cellars-conclude-relationship","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/brown-forman-and-korbel-champagne-cellars-conclude-relationship\/","title":{"rendered":"Brown-Forman and Korbel Champagne Cellars Conclude Relationship"},"content":{"rendered":"<p>        <!--.bwalignc { text-align: center; list-style-position: inside }body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p class=\"bwalignc\"><b>Brown-Forman and Korbel Champagne Cellars Conclude Relationship<\/b><\/p>\n<p>LOUISVILLE, Ky.&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<br \/>\nBrown-Forman Corporation (NYSE: BFA, BFB) and Korbel Champagne Cellars today announced the end of their sales, marketing, and distribution relationship, effective June 30, 2025. This transition concludes its business relationship spanning multiple decades.\n<\/p>\n<p>\n&#8220;We deeply value the rich history and collaborative spirit that has characterized our relationship with Korbel and its owner, Gary Heck,&#8221; said Lawson Whiting, President and Chief Executive Officer, Brown-Forman Corporation. &#8220;Going forward, we will each pursue our respective long-term growth objectives.\u201d\n<\/p>\n<p>\nGary Heck, President and Owner of Korbel Champagne Cellars, remarked \u201cKorbel deeply appreciates the decades of successful partnership with Brown-Forman. As we embark on this new chapter, we are excited to continue connecting with our consumers and further elevate our iconic brand nationwide.&#8221;\n<\/p>\n<p>\nBoth companies are committed to ensuring a smooth and orderly transition for their customers and stakeholders during this period.\n<\/p>\n<p><b>About Brown-Forman<\/b><\/p>\n<p>\nBrown-Forman Corporation has been building exceptional spirits brands for more than 150 years, responsibly upholding our founding promise of \u201cNothing Better in the Market.\u201d Our portfolio of premium brands includes the Jack Daniel\u2019s Family of Brands, Woodford Reserve, Herradura, el Jimador, Korbel, New Mix, Old Forester, The Glendronach, Glenglassaugh, Benriach, Diplom\u00e1tico Rum, Chambord, Gin Mare, Fords Gin, Slane, and Coopers\u2019 Craft. With a team of approximately 5,400 employees worldwide, we proudly share our passion for premium beverages in more than 170 countries. Discover more about us at <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fbrown-forman.com&amp;esheet=54252336&amp;newsitemid=20250509428448&amp;lan=en-US&amp;anchor=brown-forman.com&amp;index=1&amp;md5=5a03c34155886513597c01eca910d67c\">brown-forman.com<\/a> and stay connected through LinkedIn, Instagram, and X.\n<\/p>\n<p><b>About Korbel Champagne Cellars<\/b><\/p>\n<p>\nEstablished in 1882 in Sonoma County&#8217;s Russian River Valley, Korbel Champagne Cellars produces the United States&#8217; most popular m\u00e9thode champenoise champagne. But the true measure of Korbel&#8217;s success during its 143 years can be seen in the impact it&#8217;s had on American consumers and its presence at various celebrations throughout the years. Owned and managed by the Heck family since 1954, Korbel currently makes eleven California champagnes and a limited amount of still wine. Korbel also produces one of the country&#8217;s most respected brandies.\n<\/p>\n<p><b>Important Information on Forward-Looking Statements:<\/b><\/p>\n<p>\nThis press release contains statements that are \u201cforward-looking statements\u201d as defined under U.S. federal securities laws. These forward-looking statements reflect management\u2019s expectations or projections regarding future events and 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.\n<\/p>\n<p>\nFor further information on factors that could cause our actual results to differ materially from our historical experience or from our current expectations or projections, please refer to our public filings, including the \u201cRisk Factors\u201d section of our Annual Report on Form 10-K and Quarterly Reports on Form 10-Q filed with the Securities and Exchange Commission.\n<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20250509428448r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20250509428448\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20250509428448\/en\/<\/a><\/span><\/p>\n<p><b>Elizabeth Conway<br \/>\n<\/b><br \/>Director<br \/>\n<br \/>Corporate Communications<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:elizabeth_conway@b-f.com\">elizabeth_conway@b-f.com<\/a><\/p>\n<p><b>Sue Perram<br \/>\n<\/b><br \/>Vice President<br \/>\n<br \/>Investor Relations<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:sue_perram@b-f.com\">sue_perram@b-f.com<\/a><\/p>\n<p><b>KEYWORDS:<\/b> United States North America Kentucky<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Retail Restaurant\/Bar Food\/Beverage Wine &amp; Spirits<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\">\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Logo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20250509428448\/en\/2465023\/3\/BF-Logo-Stacked-PMS-8920-Metallic-and-PMS-404_%285%29.jpg\" alt=\"Logo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>Brown-Forman and Korbel Champagne Cellars Conclude Relationship LOUISVILLE, Ky.&#8211;(BUSINESS WIRE)&#8211; Brown-Forman Corporation (NYSE: BFA, BFB) and Korbel Champagne Cellars today announced the end of their sales, marketing, and distribution relationship, effective June 30, 2025. This transition concludes its business relationship spanning multiple decades. &#8220;We deeply value the rich history and collaborative spirit that has characterized our relationship with Korbel and its owner, Gary Heck,&#8221; said Lawson Whiting, President and Chief Executive Officer, Brown-Forman Corporation. &#8220;Going forward, we will each pursue our respective long-term growth objectives.\u201d Gary Heck, President and Owner of Korbel Champagne Cellars, remarked \u201cKorbel deeply appreciates the decades of successful partnership with Brown-Forman. As we embark on this new chapter, we are excited to continue connecting with our &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/brown-forman-and-korbel-champagne-cellars-conclude-relationship\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Brown-Forman and Korbel Champagne Cellars Conclude Relationship&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-849632","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Brown-Forman and Korbel Champagne Cellars Conclude Relationship - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/brown-forman-and-korbel-champagne-cellars-conclude-relationship\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Brown-Forman and Korbel Champagne Cellars Conclude Relationship - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Brown-Forman and Korbel Champagne Cellars Conclude Relationship LOUISVILLE, Ky.&#8211;(BUSINESS WIRE)&#8211; Brown-Forman Corporation (NYSE: BFA, BFB) and Korbel Champagne Cellars today announced the end of their sales, marketing, and distribution relationship, effective June 30, 2025. This transition concludes its business relationship spanning multiple decades. &#8220;We deeply value the rich history and collaborative spirit that has characterized our relationship with Korbel and its owner, Gary Heck,&#8221; said Lawson Whiting, President and Chief Executive Officer, Brown-Forman Corporation. &#8220;Going forward, we will each pursue our respective long-term growth objectives.\u201d Gary Heck, President and Owner of Korbel Champagne Cellars, remarked \u201cKorbel deeply appreciates the decades of successful partnership with Brown-Forman. 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This transition concludes its business relationship spanning multiple decades. &#8220;We deeply value the rich history and collaborative spirit that has characterized our relationship with Korbel and its owner, Gary Heck,&#8221; said Lawson Whiting, President and Chief Executive Officer, Brown-Forman Corporation. &#8220;Going forward, we will each pursue our respective long-term growth objectives.\u201d Gary Heck, President and Owner of Korbel Champagne Cellars, remarked \u201cKorbel deeply appreciates the decades of successful partnership with Brown-Forman. 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