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

Diageo’s Sales Rise 9% To $11.6 Billion In Fiscal First Half

Diageo saw net sales increase 9% on an organic basis to approximately $11.6 billion during its fiscal first half ended in December, as organic operating profit rose 9.7% to just under $4 billion. Premium-plus brands contributed 57% of reported net sales and drove 65% of organic net sales growth, with the company seeing global gains across most categories, led by Scotch, Tequila, and beer. Continue reading →

Posted in News on January 26, 2023

Wine Spectator: Bonterra’s New Line Of Eco-Friendly Wines

Giving a big boost to the eco-friendly and socially conscious farming approach known as regenerative agriculture, Mendocino County-based Bonterra Organic Estates is releasing a new tier of wines, its first bearing the Regenerative Organic Certified (ROC) logo. Continue reading →

Posted in News on January 26, 2023

News Briefs for January 26, 2023

•Constellation-owned Woodbridge Wines is launching Sessions, a new collection of low-calorie, low-abv bottlings. The new label is starting out with two releases, a Sauvignon Blanc and a Red Blend. Continue reading →

Posted in News on January 26, 2023

White Claw Targets The Spirits Category With New Vodka, RTDs

Leading hard seltzer player White Claw is entering the spirits category, aiming to leverage its huge brand recognition to quickly gain traction in a new part of the drinks market. Continue reading →

Posted in News on January 25, 2023

News Briefs for January 25, 2023

•Edrington has appointed Juan Campos as senior vice president, commercial for the U.S. and Canada, effective April 1. Continue reading →

Posted in News on January 25, 2023

Wine Spectator: Where The Wine Market Is Headed In 2023

U.S. wine consumption declined an estimated 1% in 2022, according to Impact Databank. Continue reading →

Posted in News on January 25, 2023

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