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

Daily Archive: January 22, 2018

News Alert: Bacardi To Acquire Full Control Of Patrón

Bacardi has announced that it has agreed to acquire 100% of Patrón Spirits International in a deal that values the company at $5.1 billion. Continue reading →

Posted in News on January 22, 2018

Luxco Boosts Whiskey Business With New Bardstown Distillery

Bardstown, Kentucky’s newest whiskey distillery quietly filled its first barrel on January 10th, 2018. Continue reading →

Posted in News on January 22, 2018

Diageo Sees Scotch Whisky Tourism Booming

Diageo says 2017 was a banner year for tourism at its Scotch whisky distilleries, which welcomed a total of 440,260 visitors last year, representing a 15% increase from 2016. Continue reading →

Posted in News on January 22, 2018

Chicago Restaurant Market Undergoes A Year Of Major Change

The past year has been one of significant transition for fine dining in Chicago, as the city experienced a long list of high-profile restaurant closings. Continue reading →

Posted in News on January 22, 2018

News Briefs for January 22, 2018

•Prosecco continues to surge in the U.S., according to recently released IRI data. Continue reading →

Posted in News on January 22, 2018

Craft Brewing and Distilling News for January 22, 2018

•Vermont-based Traveler Beer Co., part of the Boston Beer Co. portfolio, has released a new spring seasonal, Lucky Traveler Blackberry Shandy. Continue reading →

Posted in News on January 22, 2018