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

Daily Archive: February 23, 2024

Cuervo’s Sales Near $2.6 Billion In 2023, Despite Headwinds

Grupo Cuervo saw sales grow 6.2% to nearly $2.6 billion on a pro forma basis last year, despite a volume decrease of 1.4% to 27.1 million 9-liter cases. Continue reading →

Posted in News on February 23, 2024

RNDC, Edrington Strike National Partnership

Republic National Distributing Co. (RNDC) and Edrington Americas have aligned on a new national distribution deal effective April 1. Continue reading →

Posted in News on February 23, 2024

Heaven Hill Debuts New TV Spots For Deep Eddy

Heaven Hill Brands is backing Deep Eddy vodka with a new “Fun in a Bottle” campaign that debuted last night during the Los Angeles Lakers and Golden State Warriors NBA broadcast on TNT.  Continue reading →

Posted in News on February 23, 2024

MGP’s Annual Sales Rise 7%, With Branded Portfolio Reaching $250 Million

MGP Ingredients saw sales increase 7% to $837 million last year, with adjusted EBITDA rising 20% to $305 million. Continue reading →

Posted in News on February 23, 2024

News Briefs for February 23, 2024

•Diageo is expanding Captain Morgan with new flavored malt beverages, launching Captain Morgan Sliced with a variety 12-pack. Continue reading →

Posted in News on February 23, 2024

Wave Of Higher-Quality Products Boosts Non-Alcohol Beer Category

Non-alcohol beers (NABs) have seen sales skyrocket in recent years as consumers and marketers have responded with a plethora of new brands. Continue reading →

Posted in News on February 23, 2024

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