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

Daily Archive: August 2, 2022

Concha y Toro Doubles Down On Organic Wines In The U.S. Market

After crossing the $1 billion mark in 2021, Chile’s Viña Concha y Toro saw sales climb 9% to $209 million in its first quarter ended in March, with EBITDA up 10% to $38 million. Continue reading →

Posted in News on August 2, 2022

Chip Wade Named CEO Of USHG, Danny Meyer To Remain Executive Chairman

Union Square Hospitality Group (USHG) has appointed Chip Wade as chief executive, effective September 6. Continue reading →

Posted in News on August 2, 2022

Brown-Forman Investing $30 Million In GlenDronach Single Malt

Brown-Forman has announced a $30.5 million investment in the GlenDronach distillery in Scotland. Continue reading →

Posted in News on August 2, 2022

News Briefs for August 2, 2022

•Vineyard Brands has added the first Austrian winery to its U.S. import portfolio, Weingut Ingrid Groiss. Continue reading →

Posted in News on August 2, 2022

Craft Brewing and Distilling News for August 2, 2022

•Fallon, Nevada’s Frey Ranch has announced a new single barrel rye, part of the farm and distillery’s celebration of this year’s harvest. Continue reading →

Posted in News on August 2, 2022

Tilray’s Revenues Top $600 Million On Double-Digit Growth

Leamington, Ontario-based cannabis producer Tilray reported earnings for the quarter and fiscal year ended May 31, with net revenue growing 22% to $628 million, up from $513 million in fiscal 2021. Continue reading →

Posted in News on August 2, 2022

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