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

Daily Archive: August 15, 2024

Daou Acquisition, Luxury Growth Boost Treasury Americas, As Sales Top $660 Million

Treasury Wine Estates saw solid growth in its luxury wine brands—including new acquisition Daou—drive sales in its Americas division to A$1 billion ($660m) in the 12 months through June. Continue reading →

Posted in News on August 15, 2024

Suntory’s Spirits Business Up Single-Digits In H1

Suntory Holdings saw revenues in its beverage alcohol unit, which includes Suntory Global Spirits, increase 3.5% to $3.4 billion in the first half of the year, with operating profit rising 18% to $725 million. Continue reading →

Posted in News on August 15, 2024

Kobrand Confirms Aguero As Incoming CEO

Following yesterday’s report, Kobrand has confirmed to SND that Jackson Family Wines veteran Marcelo Aguero will become its new chief executive in September, replacing the retiring Bob DeRoose. Continue reading →

Posted in News on August 15, 2024

News Briefs for August 15, 2024

•Palm Bay International is launching a new flavored gin from the Drumshanbo Gunpowder brand. Continue reading →

Posted in News on August 15, 2024