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

Daily Archive: April 30, 2025

Rémy Cointreau Returns To U.S. Growth

Rémy Cointreau says U.S. sales turned positive in its fiscal fourth quarter ended in March, as both its Cognac and Liqueurs & Spirits divisions benefited from increases in depletions against soft comps from the previous year. Continue reading →

Posted in News on April 30, 2025

Cuervo’s Profits Boosted By Weaker Peso In First Quarter

Grupo Cuervo posted net income up 16% to $59 million in its fiscal first quarter ended in March, boosted by a weaker peso against the U.S. dollar. Continue reading →

Posted in News on April 30, 2025

Pernod Closes Sale Of 10M-Case Global Wine Business To Accolade Wines Owner

Pernod Ricard has closed on its 2024 deal with Australian Wine Holdco, offloading seven wineries and brands totaling 10 million cases to the owner of Accolade Wines. Continue reading →

Posted in News on April 30, 2025

Wine Spectator’s Grand Tour Of 234 Wines Roars Into The Windy City

Close to 1,000 avid wine lovers swirled, sniffed and tasted wines from among the 234 wineries pouring at Wine Spectator’s first stop of the 2025 Grand Tour, held in Chicago at the Sheraton Grand Chicago Riverwalk on April 26. Continue reading →

Posted in News on April 30, 2025

News Briefs for April 30, 2025

•Spirit of Gallo has launched Lucky One Lemonade, the latest spirits-based RTD from the company. Continue reading →

Posted in News on April 30, 2025