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

Monthly Archive: July 2021

Impact Databank: U.S. Wine Volume Projected To Decline In 2021, But Premium Brands Make Strides

After 27 consecutive annual gains, the wine industry in the United States is expected to suffer a 0.5% volume decrease this year, down to 335.4 million 9-liter cases—according to the recently released 2021 edition of The U.S. Wine Market: Shanken’s Impact Databank Review & Forecast. Continue reading →

Posted in News on July 28, 2021

Spirits Gain Speed In Control States

After a modest first quarter of 2021, spirits volume has accelerated somewhat the past three months in the U.S. market’s 18 control jurisdictions, to bring year-to-date gains up to 7.7% cumulatively ending in June, according to the National Alcohol Beverage Control Association (NABCA). Continue reading →

Posted in News on July 28, 2021

News Briefs for July 28, 2021

•Constellation Brands has taken a minority stake in Hop Wtr, a non-alcoholic, calorie-free sparkling water infused with adaptogens and nootropics including L-Theanine and ashwagandha. Continue reading →

Posted in News on July 28, 2021

Craft Brewing and Distilling News for July 28, 2021

•Hye, Texas-based Garrison Brothers Distillery is releasing a new expression called Guadalupe. Continue reading →

Posted in News on July 28, 2021

Campari Accelerates In Second Quarter, With H1 Sales Up 37%

Campari Group posted a strong set of results for its fiscal first half ended in June this morning, with net sales up 37% organically to €1 billion ($1.18b) and adjusted EBIT jumping 89% to €223 million ($263m). Continue reading →

Posted in News on July 27, 2021

Moët Hennessy’s Revenues Leap To Above $3 Billion In The First Half

Moët Hennessy saw revenues surge in the first half of this year, up 44% to €2.7 billion ($3.19b), as profit from recurring operations rose 68% to €924 million ($1.1b). Continue reading →

Posted in News on July 27, 2021

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