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

Monthly Archive: October 2019

O’Neill Vintners & Distillers’ Branded Business On A Rapid Rise To 1 Million Cases

O’Neill Vintners & Distillers has invested about $140 million in its Parlier, California-based winery over the past eight years, and currently produces approximately 7 million cases annually. Continue reading →

Posted in News on October 31, 2019

Wine Spectator: Wildfire Update

Many of the tens of thousands of evacuated residents of Sonoma County got word that they could return home yesterday following the wildfires that have swept through the region. Continue reading →

Posted in News on October 31, 2019

Molson Coors Looks “Beyond Beer” With New Turnaround Plan

Molson Coors president and CEO Gavin Hattersley has unveiled a new “revitalization plan” aimed at improving performance at the company, which posted net sales down 2% to $2.8 billion and EBITDA down 5.6% to $703 million for its third quarter ended in September. Continue reading →

Posted in News on October 31, 2019

News Briefs for October 31, 2019

•Ste. Michelle Wine Estates posted net revenue down 1.2% to $483 million for the nine months through September, representing the first three quarters of its fiscal year, as operating income fell 32% to $50 million. Continue reading →

Posted in News on October 31, 2019

Craft Brewing and Distilling News for October 31, 2019

•The Boston Beer Company’s net revenue was up 23.3% to $378.5 million in its fiscal third quarter through September, with shipments rising by nearly 22% and depletions up 21% over the comparable 39-week period in the previous year. Continue reading →

Posted in News on October 31, 2019

Canadian Whisky Players Invest To Build Category Momentum

While Canadian whisky lately has seen its best growth in the flavored segment, key marketers are undertaking a series of innovations and brand investments across pricing tiers in the core unflavored segment. Continue reading →

Posted in News on October 30, 2019

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