Daily Archive: May 6, 2025
News Alert: Duckhorn Shifting Investment To Sharpen Focus On Core Four Brands
The Duckhorn Portfolio announced late today that it intends to sharpen focus on its core four labels—Duckhorn Vineyards, Kosta Browne, Decoy, and Sonoma-Cutrer—along with Goldeneye, Calera, and Greenwing, which combine for 96% of its net sales. Continue reading →
Posted in News on May 6, 2025Don Julio Drives Luxury Tequila Market To New Heights
A nearly 1-million-case surge by Diageo-owned Don Julio lifted Tequila’s above-$40 luxury tier to another year of growth in 2024, according to Impact Databank. Continue reading →
Posted in News on May 6, 2025Opici To Import Spain’s Bodegas Borsao
New Jersey-based Opici Wines & Spirits has been appointed the exclusive U.S. importer of Bodegas Borsao from the Campo de Borja Denominación de Origen (DO) in Spain’s Aragón region. Continue reading →
Posted in News on May 6, 2025Wine Volume Slips 6% Off-Premise Year-To-Date
Total wine volumes declined 5.9% in off-premise channels during the year-to-date period ending April 20, compared to a -4.3% rate for all of last year, according to IRI/Circana. Continue reading →
Posted in News on May 6, 2025News Briefs for May 6, 2025
•Louisiana’s Sidewalk Side Spirits has signed a new distribution agreement with Republic National Distributing Company, expanding the distribution footprint for the Hardhide brand of flavored whiskies across the South. Continue reading →
Posted in News on May 6, 2025U.S. Cannabis Market Projected To Reach $34 Billion This Year
The legal cannabis industry in the U.S. will expand by 13% in 2025 and reach $34 billion, according to research group Whitney Economics. Continue reading →
Posted in News on May 6, 2025