Exclusive news and research on the wine, spirits and beer business

Daily Archive: December 16, 2016

Impact Databank Projects 2.5% Growth For U.S. Spirits Market

The U.S. spirits market is on pace to advance by 2.5% to 221 million nine-liter cases this year, according to Impact Databank projections, following a five-year period in which the market averaged 2.4% annual growth. Continue reading →

Posted in News on December 16, 2016

Exclusive: Hess Family Offloads South Africa’s Glen Carlou

Hess Family Wine Estates has agreed to sell its Glen Carlou wine brand from South Africa to the Pactolus Consortium, led by investor and tech entrepreneur Wayne Pitout. Continue reading →

Posted in News on December 16, 2016

Beam Suntory Acquires Controlling Stake In U.K. Craft Player Sipsmith

Beam Suntory has taken a controlling interest in U.K. craft spirits producer Sipsmith for an undisclosed sum. Continue reading →

Posted in News on December 16, 2016

Wine Spectator: Premier Cru Owner Sentenced To Six And A Half Years Behind Bars For Wine Ponzi Scheme

John Fox, the wine store proprietor who admitted to conducting a Ponzi scheme for two decades, was sentenced in federal court Wednesday to six and a half years in prison. Continue reading →

Posted in News on December 16, 2016

Pabst Brewing Continues To Expand Portfolio, Partnering With Michigan’s New Holland

Known for its flagship Pabst Blue Ribbon, Pabst Brewing continues to diversify its lineup with craft beers, imports and hard sodas. Continue reading →

Posted in News on December 16, 2016

News Briefs for December 16, 2016

•Whisky Advocate has named Glenrothes Vintage Reserve as its Speyside Single Malt of the Year. Continue reading →

Posted in News on December 16, 2016

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