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

Monthly Archive: January 2020

With Several New Additions, Importer Pacific Highway Builds A Varied Portfolio

Founded in 2008 as the U.S. import operation of Australia’s Oatley family, Pacific Highway Wines has steadily expanded its business with a portfolio spanning California, New Zealand, Australia, Argentina, Chile, Uruguay, and Spain. Continue reading →

Posted in News on January 31, 2020

Ste. Michelle Posts Flat Sales, Looks To Innovation To Spur Growth

Washington state-based Ste. Michelle Wine Estates saw net revenues slip 0.3% to $689 million in its full fiscal year 2019, with adjusted operating income down nearly 30% to $73 million. Continue reading →

Posted in News on January 31, 2020

News Briefs for January 31, 2020

•Constellation Brands has taken a minority stake in Press Premium Alcohol Seltzer for an undisclosed sum. Continue reading →

Posted in News on January 31, 2020

Craft Brewing and Distilling News for January 31, 2020

•Boston Beer Co. has opened a new Samuel Adams taproom at Boston’s Faneuil Hall. Continue reading →

Posted in News on January 31, 2020

Diageo’s U.S. Sales Rise 6%, With Tequila, Whiskies Driving Gains

Dynamic growth in the Tequila and whisk(e)y categories drove strong sales gains for Diageo in its fiscal first half through December, as the company’s North America unit posted revenues up 6% on an organic basis to £2.5 billion ($3.3b), and operating profit up 5% to £1.1 billion ($1.4b). Continue reading →

Posted in News on January 30, 2020

News Briefs for January 30, 2020

•Minnesota-based Prestige Beverage Group has added the wines of Argentina’s Doña Paula to its import portfolio. Continue reading →

Posted in News on January 30, 2020

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