Monthly Archive: February 2020
Craft Brewing and Distilling News for February 21, 2020
•Dennis Peek has been named CEO of Heineken subsidiary Lagunitas Brewing. Continue reading →
Posted in News on February 21, 2020Alternative Formats, Brand Offshoots Fuel Growth For Barefoot
E.&J. Gallo-owned Barefoot is the second-largest wine brand in the U.S. by volume at more than 18 million cases, according to Impact Databank, and is the only wine brand with U.S. retail sales exceeding $1 billion. Continue reading →
Posted in News on February 20, 2020Diageo Settles With SEC For $5 Million In Overshipping Case
Diageo has agreed to pay a $5 million penalty related to SEC charges that the company overshipped to distributors in its 2014 and 2015 fiscal years. Continue reading →
Posted in News on February 20, 2020Truly Hard Seltzer Drives Gains For Boston Beer
Boston Beer Co. posted net revenues up 26% to $1.25 billion in its fiscal year through December, with gains for its Truly hard seltzer and Twisted Tea brands offsetting declines in Samuel Adams and Angry Orchard. Continue reading →
Posted in News on February 20, 2020News Briefs for February 20, 2020
•Prestige Beverage Group’s Astoria brand has added a Sparkling Rosé and Sparkling Red Moscato to its portfolio. Continue reading →
Posted in News on February 20, 2020Interview: Beam Suntory CEO Albert Baladi
Beam Suntory’s U.S. sales continue to be driven by the boom in Bourbon and other American whiskies, especially as consumers trade up to higher priced marques. Continue reading →
Posted in News on February 19, 2020
