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

Daily Archive: February 5, 2025

A View To Wine’s Future At Southern Glazer’s WineForward Symposium

With the wine industry at a crossroads, Southern Glazer’s convened thought leaders from the business at its inaugural WineForward event on Monday, held in Denver ahead of the Wine & Spirits Wholesalers of America Access Live event. Fittingly, industry legend Mel Dick, president of Southern Glazer’s wine division, opened the proceedings with a video in which he acknowledged current challenges to the wine category, but insisted that “we will keep innovating, finding new ways of selling, regroup, and keep punching with our wine-forward strategy.” Continue reading →

Posted in News on February 5, 2025

News Briefs for February 5, 2025

Posted in News on February 5, 2025

Leading Canadian Retailer High Tide In Expansion Mode

Leading Canadian cannabis retailer High Tide saw sales climb 7% to C$522 million ($362m) in its fiscal year through October, as the company continues to expand its Canna Cabana chain throughout the market. Continue reading →

Posted in News on February 5, 2025

Massachusetts Cannabis Retail Reaches $1.66 Billion In 2024

Adult-use cannabis sales in Massachusetts reached $1.66 billion from January 1, 2024, to January 5, 2025. Continue reading →

Posted in News on February 5, 2025

Cannabis Briefs for February 4, 2025

Posted in News on February 5, 2025

Diageo’s U.S. Spirits Sales Flat In H1, Despite Growth For Don Julio, Crown Royal

Diageo saw global sales return to growth on an organic basis in its fiscal first half through December, increasing 1% to $10.9 billion, despite a flat performance for its U.S. spirits portfolio. The world’s leading spirits marketer saw global operating profit decline 1.2% organically to $3.2 billion. Continue reading →

Posted in News on February 5, 2025

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