Daily Archive: February 27, 2025
Cuervo Posts $2.2 Billion In Sales, With Higher-End Tequilas Lifting Margins
Grupo Cuervo saw net sales slip 3% to $2.2 billion organically at constant currency last year on volume down 6% to 25 million cases. Continue reading →
Posted in News on February 27, 2025RNDC Names Hendrickson Interim Chief, As Mehall Departs
In case you missed yesterday’s news alert, RNDC has appointed company veteran Bob Hendrickson as CEO on an interim basis, upon the departure of previous chief executive Nick Mehall. Continue reading →
Posted in News on February 27, 2025MGP Records Decline, But Says Premium Brands Are Rising
MGP Ingredients saw sales in its branded spirits division decline 5% to $241 million last year, as increases in its premium portfolio including labels like Penelope, Yellowstone, Remus, Blood Oath, and others was offset by its move away from lower price tiers. Continue reading →
Posted in News on February 27, 2025News Briefs for February 27, 2025
•Southern Glazer’s has appointed company veteran Scott Oppenheimer as commercial sales advisor, reporting to chief commercial officer John Wittig. Continue reading →
Posted in News on February 27, 2025
