Heading Into The Fall Season, Retail Channel Sales Remain Elevated Above 2019 Levels
Total spirits consumption in the U.S. is expected to increase 2.5% this year, to depletions of over 261 million 9-liter cases, according to Impact Databank, while the wine market is projected to decrease 0.5% to 335 million cases, its first projected decline after 27 consecutive annual gains. Continue reading →
Posted in News on September 24, 2021Spirits-Based RTDs Expanding At A Rapid Clip
Consumers can’t seem to get enough of spirits-based RTDs, and producers are obliging, with the category proliferating at warp speed. Continue reading →
Posted in News on September 24, 2021News Briefs for September 24, 2021
•Diageo is backing Crown Royal’s RTD cocktails with a new campaign called “A Whole New World of Cocktails.” Continue reading →
Posted in News on September 24, 2021Interview, Part 1: Vintage Wine Estates On The Acquisition Trail
In May, Santa Rosa, California-based Vintage Wine Estates went public in an IPO valuing the company at $690 million. Continue reading →
Posted in News on September 23, 2021Exclusive: Blake Lively Introduces Betty Buzz Sparkling Mixers
Actress Blake Lively is joining her husband Ryan Reynolds in the drinks business, launching a new sparkling mixer brand called Betty Buzz. Continue reading →
Posted in News on September 23, 2021News Briefs for September 23, 2021
•New Orleans restaurateurs felt a mix of relief and despair after Hurricane Ida passed through the city, devastating southern Louisiana and causing widespread damage from the Gulf of Mexico to New England. Continue reading →
Posted in News on September 23, 2021
