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

Daily Archive: December 27, 2020

William Grant & Sons Sales Top $1.9 Billion, But Company Warns Of 2020 Decline

William Grant & Sons has revealed that its turnover increased 7.5% to £1.43 billion ($1.92b) last year, generating profits up 20.7% to £314 million ($424m). Continue reading →

Posted in News on December 27, 2020

FTC Greenlights Gallo-Constellation Deal, Now Expected To Close Week Of January 4

The U.S. Federal Trade Commission (FTC) has granted clearance for Constellation’s $1 billion sale of more than 30 lower-end wine brands to E.&J. Gallo, after a lengthy review. Continue reading →

Posted in News on December 27, 2020

Wine Spectator: Heitz Cellar Owner and CEO Buy Stony Hill Vineyard

Heitz Cellar owner Gaylon Lawrence Jr. and CEO Carlton McCoy Jr. are not slowing down in their quest to acquire and preserve some of Napa’s most treasured wine estates. Continue reading →

Posted in News on December 27, 2020

News Briefs for December 24, 2020

•Paul Hobbs Wine has named Joe Rance as director of national sales. Continue reading →

Posted in News on December 27, 2020

Craft Brewing and Distilling News for December 24, 2020

•Inglewood, California-based Three Weavers Brewing is launching seasonal offering The Messenger Sunny India Pale Ale. Continue reading →

Posted in News on December 27, 2020