Yearly Archive: 2024
Liqueurs’ Premium And Above Tier Carving Out Growth
It’s been a mixed picture in the liqueurs category overall lately, with lower-end brands largely in decline, offset by a new set of premium offerings and diverse flavor profiles that’s driving growth within the category. Continue reading →
Posted in News on December 9, 2024Duckhorn Sales Rise By Nearly 20% In First Quarter, EBITDA Up Nearly 40%
In case you missed Friday’s alert, Duckhorn reported net sales for Q1 2025 of $122.9 million, a 19.9% increase over Q1 2024. Continue reading →
Posted in News on December 9, 2024News Briefs for December 9, 2024
•Johnson Brothers has made two leadership appointments in Minnesota, naming John Dempsey as general manager and Nathan Johnson as vice president of sales. Continue reading →
Duckhorn Sales Rise By Nearly 20% In First Quarter, EBITDA Up Nearly 40%
For its first fiscal quarter of 2025, Duckhorn reported net sales of $122.9 million, a 19.9% increase over Q1 2024. Continue reading →
Posted in News on December 9, 2024U.S. Blocks Cuba-Owned Trademarks, Potentially Ending Havana Club Dispute
This week, President Joe Biden signed the “No Stolen Trademarks Honored in America Act of 2023,” potentially bringing the ongoing dispute between Bacardi and Pernod Ricard over the Havana Club trademark to an end. Continue reading →
Posted in News on December 6, 2024Interview, Part 2: Moët Hennessy North America President Chris Gabaldon
In the second part of our interview, Moët Hennessy North America president Chris Gabaldon discusses growth prospects across the luxury marketer’s spirits portfolio, the state of play in Champagne, and where the company is focusing its efforts in the fine wine category, as well as his take on potential wine and spirits tariffs in the U.S. Continue reading →
Posted in News on December 6, 2024