Daily Archive: January 5, 2024
Constellation Downgrades Outlook For Wine & Spirits, Division President To Depart
In case you missed last night’s news alert, Constellation’s president for wine and spirits Robert Hanson will step down at the end of February, with company CEO Bill Newlands set to lead the unit on an interim basis until a permanent successor is found. Continue reading →
Posted in News on January 5, 2024Pernod Ricard, LVMH, Rémy Shares Slip Amid China Anti-Dumping Probe Targeting Cognac
Chinese authorities have started an anti-dumping probe against European brandy imports, escalating the ongoing trade dispute between the EU and China. Continue reading →
Posted in News on January 5, 2024News Briefs for January 5, 2024
•Scheid Family Wines’ better-for-you wine brand Sunny With A Chance Of Flowers will extend with a Pinot Grigio offering this year. Continue reading →
Posted in News on January 5, 2024Wilson Daniels Sees Revenues Approach $270 Million In 2023
Wilson Daniels, part of the Underwood family’s Young’s Holdings, continues to expand in the fine wine market in both the supplier and wholesaler tiers. Continue reading →
Posted in News on January 5, 2024The Wine Group, Southern Glazer’s Extend Partnership Into Six New States
Second-largest U.S. wine marketer The Wine Group is expanding on its existing partnership with Southern Glazer’s, with the companies announcing new deals across Hawaii, Iowa, Minnesota, Nebraska, North Dakota, and South Dakota. Continue reading →
Posted in News on January 5, 2024News Briefs for January 4, 2024
•Spirit of Gallo’s High Noon Sun Sips has announced the Snowbird pack, a new limited-time-offering featuring two new flavors of the brand’s vodka sodas. Continue reading →
Posted in News on January 5, 2024
