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

Yearly Archive: 2023

Cannabis Briefs for November 21, 2023

•Oregon-based Wyld has released new boysenberry-flavored gummies, aimed at consumers looking for a cannabis-based sleep aid. Continue reading →

Posted in News on November 21, 2023

Single Malt Marketers Battle Competitive Conditions, Emphasizing Value Gains

Single malt Scotch whisky has been on a long-term uptick in the U.S. market, with depletions nearly doubling in size from 2010 to 2021, according to Impact Databank, before slipping slightly to just over 1.8 million cases last year. Continue reading →

Posted in News on November 21, 2023

Whisky Advocate: Macallan Bottle Sells For $2.7 Million, Smashing Previous Record

A single bottle of Macallan sold for $2.7 million at Sotheby’s in London over the weekend—setting a new world record for the most expensive bottle of whisky ever sold at auction. Continue reading →

Posted in News on November 21, 2023

News Briefs for November 20, 2023

•Campari-owned Ancho Reyes liqueur has expanded its lineup, launching Barrica, the Mexican brand’s first liqueur finished in oak barrels. Continue reading →

Posted in News on November 21, 2023

Duckhorn: Sonoma-Cutrer “Central To Our Strategy For Growth”

Napa Valley-based luxury wine player The Duckhorn Portfolio has made a key acquisition in upscale Chardonnay, agreeing to acquire Sonoma-Cutrer from Brown-Forman for $400 million in a combination of cash and stock, with Brown-Forman taking a 21.5% stake in Duckhorn and gaining two seats on its board. The deal is expected to close next spring. Continue reading →

Posted in News on November 17, 2023

Retailers Kick Off Holiday Selling Season With Beaujolais Nouveau Launch

While the Beaujolais Nouveau phenomenon has slackened some over the past decade, it remains a key moment in the year for retailers as they kick off the holiday selling season. In all, more than 10,000 retailers coast to coast will be selling Georges Duboeuf Beaujolais Nouveau this year, with sales typically peaking in New York, Florida, California, New Jersey, and Texas. Continue reading →

Posted in News on November 17, 2023

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