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

Daily Archive: May 4, 2012

Tequila Thriving At Multiple Price Points, As 100%-Agave Labels Proliferate

The global Tequila category slowed to 1.5% growth in 2011, according to Impact Databank, but the U.S., by far Tequila’s largest global market, maintained a brisk growth pace, rising 5% to 12.4 million cases. Continue reading →

Posted in News on May 4, 2012

Diageo Said To Be Close To A Cuervo Deal

Fresh rumors are circulating that Diageo is close to acquiring a majority stake in Jose Cuervo Tequila, valued as high as $3.15 billion, from Mexico’s Beckmann family in return for Diageo stock. Continue reading →

Posted in News on May 4, 2012

News Briefs for May 4, 2012

•California wine brand Joseph Carr, marketed by W.J. Deutsch & Sons, has hired a new winemaker and revealed plans for a new super-premium red blend. Continue reading →

Posted in News on May 4, 2012