Cuervo’s Sales Rise Despite Global Industry’s “Persistent Volatility”
Grupo Cuervo saw sales grow 0.9% to $590 million (P$10.9b) in its fiscal third quarter ending in September on a like-for-like bases, on volume of 6.3 million 9-liter cases, flat against the prior year. Continue reading →
Constellation CEO Bill Newlands On Reframing The Industry Narrative
Bill Newlands, president and CEO of Constellation Brands, kicked off the recent 49th Annual Impact Marketing Seminar in New York by addressing the topic, “Facing Realities in the U.S. Wine & Spirits Market.” Continue reading →
Wine Spectator: Two British Men Plead Guilty To $99 Million Wine Ponzi Scheme
James Wellesley stood before a judge in Brooklyn on Oct. 7 and pleaded guilty to wire fraud conspiracy. Continue reading →
News Briefs for October 23, 2025
•Brown-Forman has announced Jack Daniel’s Single Barrel Special Release Tanyard Hill Rye, the newest yearly addition to the brand’s line of specialty high-end releases. Continue reading →
Impact Databank: Sparkling Wine Market Sustained By Above-$15 Tier
While total sparkling wine volume is projected to decline for the fourth consecutive year in 2025, brands priced at least $15 a 750-ml. bottle remain resilient, and are expected to propel the total category to an overall gain in dollar terms, according to the 2025 edition of The U.S. Wine Market: Shanken’s Impact Databank Review & Forecast. Continue reading →
Posted in News on October 22, 2025Craft Spirits Sales Down 3% To $7.6 Billion Last Year
The American Craft Spirits Association (ACSA) reports that sales for craft spirits brands were down 6.1% by volume to 12.7 million cases and 3.3% by value to $7.58 billion in 2024, according to a new report from the ACSA and Park Street. Continue reading →
Posted in News on October 22, 2025
