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

Daily Archive: August 25, 2020

Wine Spectator: Jackson Family Wines Buys Australia’s Giant Steps Winery

Jackson Family Wines (JFW) is expanding Down Under, inking a deal to acquire Giant Steps winery in Australia’s Yarra Valley in Victoria from founder Phil Sexton. Continue reading →

Posted in News on August 25, 2020

Super-Premium Brands, Sparklers Propel Wine’s Retail Gains

Although growth rates have slowed somewhat from previous record highs earlier this year, wine sales in IRI channels continue to rise impressively, with total volumes up 13% for the year-to-date period ending August 9, while dollar values were up even higher (+17%). Continue reading →

Posted in News on August 25, 2020

Ketel One Targets Spritzer Segment With New Canned RTDs

Ketel One vodka, part of the Diageo portfolio, has entered the premixed cocktail market with a new line of Botanical Vodka Spritzes. Continue reading →

Posted in News on August 25, 2020

News Briefs for August 25, 2020

•Brown-Forman-owned single malt Scotch whisky The GlenDronach has announced its latest rare, luxury release, the Kingsman Edition 1989 Vintage. Continue reading →

Posted in News on August 25, 2020

Curaleaf In Growth Mode As Key Acquisitions Expand Footprint

Massachusetts-based Curaleaf is emerging as a multi-state force in the cannabis business, with revenue up 22% quarter-over-quarter to $118 million in the three months through June, even as Covid-related closures temporarily halted business in the key markets of Massachusetts and Nevada. Continue reading →

Posted in News on August 25, 2020

Cresco Labs Nears $100 Million Quarter, Citing Brand Traction And Retail Growth

Chicago-based Cresco Labs reported record revenue of $94.3 million for its second quarter, ended June 30. Continue reading →

Posted in News on August 25, 2020

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