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

Monthly Archive: August 2019

News Briefs for August 29, 2019

•Constellation Brands has taken a minority stake in North Carolina’s Durham Distillery. Continue reading →

Posted in News on August 29, 2019

Craft Brewing and Distilling News for August 29, 2019

•Louisville, Kentucky-based Barrell Craft Spirits has announced its first American Vatted Whiskey, set to hit shelves in September. Continue reading →

Posted in News on August 29, 2019

News Alert: Pernod To Acquire Castle Brands In $223 Million Deal

Pernod Ricard has announced that it will acquire Castle Brands in a deal worth $223 million. Continue reading →

Posted in News on August 29, 2019

Stoli Group Unveils New Upscale Tequila, Villa One

Stoli Group has partnered with musician and actor Nick Jonas and fashion designer John Varvatos on a new high-end Tequila brand called Villa One. Continue reading →

Posted in News on August 28, 2019

Tariff Troubles Hamper Brown-Forman In Fiscal First Quarter

For its first fiscal quarter ended in July, Brown-Forman reported that underlying net sales were flat at $766 million, as operating income dropped 8% on an underlying basis to $248 million. Continue reading →

Posted in News on August 28, 2019

Moët Hennessy, Treasury Wine Name New U.S. Leaders

In case you missed yesterday’s news alert, Moët Hennessy has named longtime North America president and CEO Jim Clerkin to a new role, president of Moët Hennessy strategic development and advisor to Paris-based global CEO Philippe Schaus, effective January 1. Continue reading →

Posted in News on August 28, 2019

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