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

Daily Archive: March 25, 2025

Pricing Strategy Pays Off For Kendall Jenner’s 818 Tequila

Just over a year ago, Kendall Jenner’s 818 Tequila reduced prices to make a play in Tequila’s thriving super-premium category. Continue reading →

Posted in News on March 25, 2025

Crimson Wine Group’s Sales Rise 1% In 2024

California-based Crimson Wine Group saw sales increase 1% to $73 million last year, boosted by a 2% rise in DTC revenue to $28 million and a 1% advance to $41 million on the wholesale side. Continue reading →

Posted in News on March 25, 2025

Wine Spectator: Opus One Names New Director Of Winemaking

Opus One, one of California’s most legendary wineries, has hired a new winemaker. Continue reading →

Posted in News on March 25, 2025

News Briefs for March 25, 2025

Campari Group has appointed Andrea Sengara as managing director, House of Tequila and Mexican Spirits. Continue reading →

Posted in News on March 25, 2025

U.S. Cannabis Market Projected To Rise 7% This Year

The U.S. cannabis market is expected to reach $44.4 billion by the end of the decade, a nearly $15 billion increase over last year’s sales total of $31.4 billion, according to cannabis analytics firm BDSA. Continue reading →

Posted in News on March 25, 2025

High Tide Sees Steady Profit, Growing Revenue In First Quarter

Canadian cannabis leader High Tide reported revenue of C$143 million ($100m) for its fiscal first quarter ended in January, an 11% jump year-over-year and a 3% sequential gain. Continue reading →

Posted in News on March 25, 2025

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