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

Daily Archive: February 27, 2024

Campari’s Sales Jump 11% To $3.2 Billion In 2023

Campari Group saw sales climb 11% organically to €2.9 billion ($3.2b) in its fiscal year through December, boosted by strong gains from its aperitif, Tequila, and Bourbon brands. Continue reading →

Posted in News on February 27, 2024

FTC Sues To Block $25 Billion Kroger-Albertsons Merger

In case you missed yesterday’s news alert, the Federal Trade Commission (FTC) has sued to stop the proposed $25 billion merger of supermarket giants Kroger and Albertsons from proceeding, citing the potential of higher prices for consumers and lower wages for workers if the combination goes through. Continue reading →

Posted in News on February 27, 2024

News Briefs for February 27, 2024

•Opici Wines & Spirits has been named the exclusive U.S. importer for Baron de Ley from DOCa Rioja and Finca Museum from DO Cigales. Continue reading →

Posted in News on February 27, 2024

As Hemp THC Expands In The Market, Rules Of The Road Are Lagging

With hemp-derived THC beverages enjoying a wave of growth in markets like Minnesota and Texas—where they’re able to be sold at traditional retailers—regulation of the fast-rising segment is lagging behind its development at the consumer level. Continue reading →

Posted in News on February 27, 2024

Cannabis Briefs for February 27, 2024

•Bayou City Hemp Company has partnered with Anheuser-Busch distributor Silver Eagle Distributors Houston to roll out its hemp THC beverages in the Houston market. Continue reading →

Posted in News on February 27, 2024

News Alert: FTC Sues To Block $25 Billion Kroger-Albertsons Merger

As reported was likely late last week, the Federal Trade Commission (FTC) has sued to stop the proposed $25 billion merger of supermarket giants Kroger and Albertsons from proceeding, citing the potential of higher prices for consumers and lower wages for workers if the combination goes through. Continue reading →

Posted in News on February 27, 2024

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