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

Daily Archive: June 30, 2022

As Constellation’s Sales Rise 17%, Sands Family Proposes Relinquishing Majority Control

Constellation Brands posted sales up 17% to $2.36 billion in its fiscal first quarter ending in May, with operating income rising 10% to $793 million. Continue reading →

Posted in News on June 30, 2022

Wine Spectator: Moët Hennessy Buys Napa’s Joseph Phelps Vineyards

In case you missed yesterday’s news alert, Moët Hennessy has agreed to acquire Napa Valley’s Joseph Phelps Vineyards. Continue reading →

Posted in News on June 30, 2022

Diageo Acquires “Flavor Matching” Tech Company Vivanda

Diageo has acquired Vivanda, the company behind the flavor matching technology that powers Diageo’s “What’s Your Whisky” initiative. Continue reading →

Posted in News on June 30, 2022

News Briefs for June 30, 2022

•Beam Suntory has appointed Dave Turo as chief commercial officer for the U.S., replacing Carlo Coppola, who was named managing director of the company’s James B. Beam Distilling Co. earlier this week. Continue reading →

Posted in News on June 30, 2022

News Alert: Moët Hennessy Buys Napa’s Joseph Phelps Vineyards

Another Napa wine icon is changing hands. Wine Spectator has learned that LVMH Moët Hennessy, the global wine and fashion titan, has signed a deal to purchase Joseph Phelps Vineyards. Continue reading →

Posted in News on June 30, 2022