Yearly Archive: 2023
Moët Hennessy Sales Slip Amid Cognac Slowdown
Moët Hennessy posted sales down 3% organically to €3.2 billion ($3.5b) in its fiscal first half ended in June, as solid Champagne growth couldn’t offset the downturn in the Cognac category. Profit from recurring operations declined 9% to €1 billion ($1.1b). Continue reading →
Posted in News on July 26, 2023News Briefs for July 26, 2023
•Trinchero has expanded its popular alcohol free wine brand, Fre, with a new Sauvignon Blanc. Continue reading →
Posted in News on July 26, 2023News Alert: Rocky Wirtz, Middle Tier Giant, Dies At 70
Breakthru co-chairman was a third-generation leader in the drinks business
Posted in News on July 25, 2023Exclusive: Opici Wines & Spirits To Acquire Pacific Highway, Creating New Million-Case Player
New Jersey-based importer and producer Opici Wines & Spirits has agreed to acquire importer Pacific Highway Wines from owners Robert Oatley Vineyards and Giesen Group for an undisclosed sum. Continue reading →
Posted in News on July 25, 2023Wine Spectator: Marchesi de’ Frescobaldi Acquires Oregon’s Domaine Roy & Fils
European wine leaders continue to see potential in Oregon’s Willamette Valley. Continue reading →
Posted in News on July 25, 2023News Briefs for July 25, 2023
•Diageo has launched a new Cristalino Tequila from Casamigos, the first new release from the brand since 2018. Continue reading →
Posted in News on July 25, 2023
