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

Daily Archive: July 25, 2019

Diageo’s U.S. Sales Rise 5% In Full Fiscal Year

Diageo saw net sales increase 6.1% on an organic basis to £12.9 billion ($16.1b) for its full fiscal year ended in June, as volume rose 2.3%. Continue reading →

Posted in News on July 25, 2019

Massachusetts Supreme Court Overturns Ruling Allowing Retailers To Sell Below Invoiced Wholesale Prices

The Massachusetts Supreme Court issued a decision yesterday that overturns a previous ruling allowing retailers to sell wine and spirits below their invoiced wholesale costs. Continue reading →

Posted in News on July 25, 2019

Craft Player Breckenridge Distillery In Expansion Mode

Colorado’s Breckenridge Distillery is in the midst of a multi-million dollar expansion project as it looks to meet increasing demand for its flagship Breckenridge Bourbon ($45). Continue reading →

Posted in News on July 25, 2019

News Briefs for July 25, 2019

•In case you missed last night’s news alert Foley Family Wines has named industry veteran Shawn Schiffer as president, replacing Hugh Reimers. Continue reading →

Posted in News on July 25, 2019

News Alert: Foley Family Wines Names Shawn Schiffer As President, As Reimers Departs

Foley Family Wines has named industry veteran Shawn Schiffer as president, SND has learned. Continue reading →

Posted in News on July 25, 2019

Cuervo’s Sales Rise, But Agave Costs Cut Into Earnings

Grupo Cuervo’s sales continued to increase in the second quarter, but the Tequila giant warned that the rising cost of agave is holding down profits. Continue reading →

Posted in News on July 25, 2019

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