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

Daily Archive: July 20, 2021

Michael Jordan And Partners’ Cincoro Tequila On A Rapid Rise In The Luxury Segment

Cincoro, the luxury Tequila brand backed by a group of NBA owners including Michael Jordan, launched just ahead of the pandemic in fall of 2019, but the unprecedented conditions haven’t stopped it from gaining strong momentum at the category’s top tier. Continue reading →

Posted in News on July 20, 2021

Rémy’s Sales Surge In Fiscal First Quarter

Rémy Cointreau saw sales roughly double on an organic basis to €293.1 million ($345m) in the three months through June, representing the first quarter of its fiscal year. Continue reading →

Posted in News on July 20, 2021

Total Wine Appeals Queens Rejection To New York State Supreme Court

Maryland-based Total Wine & More is continuing its fight to open a mega wine and spirits store in the Big Apple. Continue reading →

Posted in News on July 20, 2021

News Briefs for July 20, 2021

•Industry veteran John Esposito has joined the board of directors of Indiana-based Oliver Winery and Vineyards. Continue reading →

Posted in News on July 20, 2021

Craft Brewing and Distilling News for July 20, 2021

•Atlanta, Georgia’s Sweetwater Brewing Company has launched 420 Imperial IPA, the first line extension for the brewery’s flagship label. Continue reading →

Posted in News on July 20, 2021

Advancing Legalization Sets Stage for $30 Billion U.S. Cannabis Market Next Year

Market research firm Headset has released a bullish update to its forecast for the cannabis industry, revising its predictions upward.

Continue reading →

Posted in News on July 20, 2021

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