Daily Archive: August 19, 2021
Treasury Wine Estates Posts Double-Digit U.S. Gains As Premiumization Effort Continues
Treasury Wine Estates (TWE) revealed a solid set of numbers for its U.S. and global businesses last night, with overall revenues up 4.4% to A$2.6 billion ($1.86b) and EBITS rising 3.5% to A$510 million ($366m), even as the company navigated the global pandemic and prohibitive tariffs in the key Chinese market. Continue reading →
Posted in News on August 19, 2021Scotch Whisky Exports Rebound In The First Half
After a difficult year in 2020 owing to the pandemic, Scotch whisky exports grew 31% to £1.97 billion ($2.71b) on volume up 42% to 642 million bottles in the first half of this year, according to the Scotch Whisky Association (SWA). Continue reading →
Posted in News on August 19, 2021Proximo Opens Great Jones Distilling Co. In Manhattan
Proximo Spirits has opened Great Jones Distilling Co., marking the first distillery in Manhattan since Prohibition. Continue reading →
Posted in News on August 19, 2021News Briefs for August 19, 2021
•Illinois-based Winesellers Ltd. has entered the “better for you” wine category with Fire Road Lighter Sauvignon Blanc. Continue reading →
Posted in News on August 19, 2021Craft Brewing and Distilling News for August 19, 2021
•Maine’s Allagash Brewing is debuting Little Grove Freshly Pressed Apples & Cranberry, a lightly sparkling fruited ale brewed with cranberries and blended with the juice of freshly pressed apples. Continue reading →
Posted in News on August 19, 2021