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

Daily Archive: July 27, 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

RNDC Enters The CBD Category

In case you missed yesterday’s news alert, Republic National Distributing Co. (RNDC) has entered the CBD segment, agreeing to handle the DayTrip, Oh Hi, Sati Soda, and Wyld CBD brands across seven states effective in mid-August. Continue reading →

Posted in News on July 27, 2021

News Briefs for July 27, 2021

•As the Covid-19 pandemic ravaged restaurant revenues across the United States this past year, authorities in 35 states threw eateries a lifeline in the form of relaxed alcohol restrictions, allowing restaurants to sell wine and cocktails to go in an attempt to support the struggling industry.  Continue reading →

Posted in News on July 27, 2021

Craft Brewing and Distilling News for July 27

•Tampa, Florida-based Cigar City Brewing is expanding its seltzer lineup with new limeade offerings. Continue reading →

Posted in News on July 27, 2021

More On RNDC’s Entry Into CBD

Yesterday Republic National Distributing Company (RNDC) announced its entry into the CBD business. Continue reading →

Posted in News on July 27, 2021

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