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

Daily Archive: May 9, 2025

Deutsch Family Files Lawsuit Against Former Company President

Deutsch Family Wine & Spirits (DFWS) has filed a lawsuit against former company president Tom Steffanci, alleging that during his tenure Steffanci violated confidentiality agreements in numerous ways and improperly conducted outside business using his Deutsch credentials. Continue reading →

Posted in News on May 9, 2025

Campari Group Sees Sales Slip In First Quarter

Campari Group has posted sales down 4% organically to €666 million ($749m) for its fiscal first quarter ended in March, as adjusted EBITDA fell 11% organically to €174 million ($196m). Continue reading →

Posted in News on May 9, 2025

News Briefs for May 9, 2025

•Further to yesterday’s news regarding the new trade agreement between the U.S. and U.K., beverage alcohol products from the U.K. will still be under a 10% tariff in the U.S. despite the deal. Continue reading →

Posted in News on May 9, 2025