Daily Archive: July 29, 2022
Cuervo Up 22% In The First Half, Despite Supply Chain Challenges
Grupo Cuervo achieved 22% net sales growth to just over $1 billion in its fiscal first half ended in June, even as supply chain struggles and tough comps hit U.S. volumes in the second quarter. The company’s operating income grew by 32% to $206 million in the first six months of the year. Continue reading →
Posted in News on July 29, 2022Beam Suntory To Invest $400 Million In Booker Noe Distillery Expansion
Beam Suntory will expand the capacity of its Jim Beam Brands Co. with a $400 million investment at the Booker Noe Distillery in Boston, Kentucky. Continue reading →
Posted in News on July 29, 2022News Briefs for July 29, 2022
•AXA Millésimes, the wine subsidiary of French insurance company AXA, has purchased Platt Vineyard from Russian River Partners, a vineyard investment fund managed by Eric Flanagan of Flanagan Wines in Healdsburg. Continue reading →
Posted in News on July 29, 2022Craft Brewing and Distilling News for July 29, 2022
•Nashville, Tennessee-based Nelson’s Green Brier Distillery is launching Nelson Brothers, a new whiskey line. Continue reading →
Posted in News on July 29, 2022
