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

Daily Archive: July 23, 2020

Tequila’s Off-Premise Surge Drives Strong Growth For Cuervo

Grupo Cuervo posted a robust set of results for its fiscal second quarter ended in June, as consumers flocked to the Tequila category in the off-premise channel amid the global pandemic. Continue reading →

Posted in News on July 23, 2020

Exclusive: Vintus Reaches Agreement To Handle California’s Marietta Cellars In The U.S. Market

Fine wine importer and marketer Vintus has reached a long-term U.S. distribution agreement with Sonoma and Mendocino producer Marietta Cellars, effective immediately. Continue reading →

Posted in News on July 23, 2020

Pernod Boosts Guidance, With Conditions Slightly Better Than Expected

Pernod Ricard has upped its guidance for its fiscal year ended in June to a profit decline of approximately 15%, slightly better than the 20% decrease it forecasted in March. Continue reading →

Posted in News on July 23, 2020

News Briefs for July 23, 2020

•As Covid-19 cases spike throughout the country, New York Gov. Andrew Cuomo has issued new regulations for the state’s hospitality industry, including winery tasting rooms. Continue reading →

Posted in News on July 23, 2020

Craft Brewing and Distilling News for July 23, 2020

•Portland, Oregon’s Freeland Spirits has launched Freeland Dry Gin, a new Navy Strength spirit. Continue reading →

Posted in News on July 23, 2020