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

Daily Archive: May 2, 2023

Price Increases Boost Campari In First Quarter

Campari Group has posted net sales up 20% to €668 million ($733m) for its fiscal first quarter ended in March, with adjusted EBIT increasing 32% to €159 million ($174m). Continue reading →

Posted in News on May 2, 2023

Jim Beam Rolls Out Fresh Global Campaign, New Packaging

Beam Suntory has kicked off “People are Good for You,” a new global marketing campaign for Jim Beam. Continue reading →

Posted in News on May 2, 2023

Deutsch Family Renews With Breakthru Across Six Eastern Markets

Deutsch Family Wine & Spirits has renewed its partnership with Breakthru Beverage across the Pennsylvania, Delaware, Maryland, Montgomery County, MD, Virginia, and Washington, D.C. markets. Continue reading →

Posted in News on May 2, 2023

News Briefs for May 2, 2023

•In case you missed yesterday’s news alert, Spirit of Gallo has acquired RTD brand Fishers Island Lemonade for an undisclosed sum. Continue reading →

Posted in News on May 2, 2023

Curaleaf’s Sales Top $1.3 Billion As Retail Rollout Continues

Massachusetts-based multistate operator Curaleaf has posted sales up 12% to $1.34 billion for 2022, with adjusted EBITDA increasing 17% to $305 million. Continue reading →

Posted in News on May 2, 2023

Minnesota Poised To Legalize Recreational Cannabis

The Minnesota Senate followed the state House of Representatives last week and approved a bill to legalize recreational cannabis, leaving only the reconciliation process before it heads to the governor’s desk. Continue reading →

Posted in News on May 2, 2023

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