Yearly Archive: 2023
Luxury Growth, Price Increases Boost Treasury Despite U.S. Sales Slip
Treasury Wine Estates saw net sales slip 2.2% to A$2.4 billion ($1.56b) in its fiscal year through June, as growth at the luxury end couldn’t offset declines in its Americas and commercial portfolios. Continue reading →
Posted in News on August 15, 2023Gallup: Spirits Gaining Favor Among U.S. Consumers
In a survey based on phone interviews with 1,015 adults conducted July 3-27, Gallup reports that U.S. alcohol consumption is holding roughly steady at historical norms, with 62% of adults participating in the category. Continue reading →
Posted in News on August 15, 2023News Briefs for August 15, 2023
•E.&J. Gallo is adding Australian winery Wirra Wirra to its U.S. import range. Continue reading →
Posted in News on August 15, 2023Leading Cannabis Players Target Growth Markets To Offset Falling Prices
A number of the major players in the cannabis industry reported earnings in recent days for the quarter ended June 30. Continue reading →
Posted in News on August 15, 2023Cannabis Briefs for August 15, 2023
•Recreational cannabis sales in Michigan set a new record last month when they reached $270.6 million, according to a monthly report from the state’s Cannabis Regulatory Agency. Continue reading →
Posted in News on August 15, 2023Mid-Year Update: The Leading Whiskies In The U.S., Part 1
Total whisk(e)y volume in the U.S. expanded by six million 9-liter cases from 2017-2022, according to Impact Databank, reaching 58.5 million cases last year. Continue reading →
Posted in News on August 14, 2023
