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

Daily Archive: May 17, 2022

Vintage Wine Estates’ Full-Year Sales To Approach $300 Million

California winemaker Vintage Wine Estates saw sales climb 68% to $79 million in its fiscal third quarter ended in March, with adjusted EBITDA rising 38% to $14 million. Continue reading →

Posted in News on May 17, 2022

Whisky Advocate: Sotheby’s Hollywood Ending Nets $2 Million In Sales

A time capsule of Scotch whisky destined for Hollywood A-listers helped Sotheby’s to stage its largest ever Scotch whisky auction on May 10. Continue reading →

Posted in News on May 17, 2022

Chartreuse Takes Undisclosed Stake In Frederick Wildman And Sons

Chartreuse Diffusion, the distribution company of Chartreuse Liqueur, has taken an undisclosed stake in New York-based importer Frederick Wildman and Sons, joining the company’s shareholder group and board of directors. Continue reading →

Posted in News on May 17, 2022

News Briefs for May 17, 2022

•Total Wine & More has promoted Troy Rice to CEO. Continue reading →

Posted in News on May 17, 2022

Interview: Southern Glazer’s David Chaplin And Kariff Rhooms On CBD Drinks

Leading U.S. wine and spirits distributor Southern Glazer’s has been among the drinks wholesalers cultivating the growing market for CBD beverages amid a steady stream of new product rollouts and increasing consumer interest.

Continue reading →

Posted in News on May 17, 2022

California Governor Gavin Newsom Proposes Cannabis Tax Cuts

California governor Gavin Newsom released an updated budget proposal that would remove the state’s tax on cannabis cultivation. Continue reading →

Posted in News on May 17, 2022

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