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Daily Archive: July 24, 2024

Moët Hennessy, Rémy Cointreau Aim For Gradual Recovery In Cognac

After a dramatic downturn in Cognac over the past two years, top players Moët Hennessy and Rémy Cointreau are seeing some green shoots in the category, while noting that trade inventory levels continue to be high and buyers remain cautious. Continue reading →

Posted in News on July 24, 2024

Troubled California Wine Player Vintage Wine Estates Files For Bankruptcy

California winemaker Vintage Wine Estates has filed for Chapter 11 bankruptcy and is voluntarily delisting from the Nasdaq, as the company has been unable to engineer a turnaround after months of turmoil. Continue reading →

Posted in News on July 24, 2024

News Briefs for July 24, 2024

•Bardstown, Kentucky’s Heaven Hill has announced a packaging update for Larceny Bourbon, timed to the brand’s new “Seize Tonight” ad campaign. Continue reading →

Posted in News on July 24, 2024