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

Daily Archive: November 10, 2023

News Alert: Diageo’s Shares Plunge After Profit Warning Linked To Latin America Downturn Inbox

Diageo saw its share price slide more than 14% today to around $136, marking one of its worst days in memory, after the company downgraded the growth outlook for its fiscal first half ending in December, owing to struggles in Latin America. Continue reading →

Posted in News on November 10, 2023

Wine Spectator To Name Its Wine Of The Year

After a week-long countdown of its Top 10 Wines of 2023, featuring outstanding bottles from premier producers around the world, Wine Spectator will announce its Wine of the Year today at 11am. Continue reading →

Posted in News on November 10, 2023

On-Premise Resilient Amid A Slowing Economy

Financial analysts have been talking about a looming recession for a year or more, and while that might be cause for concern in many industries, bartenders are not in panic mode.

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Posted in News on November 10, 2023

Winebow Launches New eCellar Online Store In California

Winebow has launched a new eCellar online store in California. Continue reading →

Posted in News on November 10, 2023

News Briefs for November 10, 2023

•Diageo has opened the Bulleit Limitless Lounge, a new experiential marketing initiative supporting the American whiskey brand. Continue reading →

Posted in News on November 10, 2023