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

Monthly Archive: April 2023

Cuervo’s Sales Rise In First Quarter, Despite Macro Challenges

Grupo Cuervo has posted sales up 13% on a pro forma, constant currency basis to $532 million for its first quarter ended in March on a 3.9% volume increase to 5.6 million nine-liter cases. Continue reading →

Posted in News on April 28, 2023

Rémy Cointreau Up 10% To $1.7 Billion In Full Fiscal Year

Rémy Cointreau saw sales rise 10.1% on an organic basis for its fiscal year 2022-2023, reaching a total of approximately €1.55 billion ($1.7b). Continue reading →

Posted in News on April 28, 2023

News Briefs for April 28, 2023

•Rabble Wine Co., part of the O’Neill Vintners & Distillers portfolio, is relaunching its Sauvignon Blanc. Continue reading →

Posted in News on April 28, 2023

Pernod Hit By Shipment Phasing In Q3, Predicts Strong Finale To Fiscal Year

Pernod Ricard’s net sales increased 8% on an organic basis to €9.5 billion ($10.5b) in the nine months through March, despite a 2% decline to €2.4 billion ($2.6b) in the most recent quarter, affected by shipment phasing and tough comps against the prior year. Continue reading →

Posted in News on April 27, 2023

Exclusive: Teremana Tequila Tops 1 Million Cases In 12-Month Sales

Teremana Tequila, the brand launched by Dwayne “The Rock” Johnson, Ken Austin, Jenna Fagnan, and Dany Garcia along with Mexico’s Lopez family, has officially surpassed 1 million cases on a rolling 12-month basis. Continue reading →

Posted in News on April 27, 2023

News Briefs for April 27, 2023

•Brown-Forman has teamed up with McLaren Racing to release a limited edition bottling of Jack Daniel’s Tennessee Whiskey. Continue reading →

Posted in News on April 27, 2023

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