Daily Archive: August 13, 2024
Ste. Michelle Investing In Flagship Brand To Double Down On Quality
Ste. Michelle Wine Estates has seen plenty of change the past few years following its $1.2 billion acquisition by private equity firm Sycamore Partners in 2021, including exiting brands like Col Solare and Patz & Hall and sharply reducing grape contracts in its home state of Washington. Continue reading →
Posted in News on August 13, 2024Wine Spectator: A Fresh Chapter In The Brad Pitt And Angelina Jolie War Over Miraval
In the latest development in what has proved to be one of the nastiest divorce battles to involve custody of a wine property, the Milan-based Campari Group has been drawn into the battle for Château Miraval. Continue reading →
Posted in News on August 13, 2024Washington’s Ackley Brands Purchases Charles Smith Wines From The Wine Group
Seattle, Washington’s Ackley Brands has acquired Charles Smith Wines from The Wine Group. Continue reading →
Posted in News on August 13, 2024News Briefs for August 13, 2024
•Diageo is adding a new entry to its ready-to-serve Cocktail Collection: The Crown Royal Whisky Sour Cocktail with Black Cherry. Continue reading →
Posted in News on August 13, 2024Multistate Players Position For Growth As New Markets Come Online
Leading multistate players Curaleaf, Cresco, Verano, and Ayr Wellness continue to focus on right-sizing their businesses and deploying resources to key markets amid uneven conditions in the national cannabis industry. Continue reading →
Posted in News on August 13, 2024Canopy Trims Losses, Continues To Develop U.S. Business
Canopy Growth shaved its losses in its fiscal first quarter through June, with adjusted EBITDA showing a decline of C$5.3 million ($3.9m), compared with more than C$22 million ($16m) a year earlier. Continue reading →
Posted in News on August 13, 2024
