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

Monthly Archive: May 2023

Palm Bay Targets Expansion In Upscale Whiskey, Tequila

Known for leading imported wine brands like 3.8-million-case Cavit and 1-million-case Roscato, Palm Bay International has also built a growing spirits portfolio in recent years, which now accounts for approximately 10% of its overall business. Continue reading →

Posted in News on May 31, 2023

Brown-Forman Pours $200 Million Into Tequila Operations

Brown-Forman is set to ramp up its Tequila production with a $200 million investment. Continue reading →

Posted in News on May 31, 2023

Report: Bacardi Eyes Purchase Of Ilegal Mezcal

Bloomberg reports that Bacardi is closing in on a deal to acquire the Ilegal mezcal brand, with the price expected to be less than $200 million. Continue reading →

Posted in News on May 31, 2023

News Briefs for May 31, 2023

•Deutsch Family Wine & Spirits’ Bib & Tucker Small Batch Bourbon will release a new Double Char Bourbon in August. Continue reading →

Posted in News on May 31, 2023

Impact Databank: 100%-Blue Agave Tequilas Reach A 70% Share In The U.S.

While total Tequila imports increased 17% in 2022, 100%-blue agave shipments rose even faster (+23%) and accounted for more than seven out of every 10 bottles in the market last year. Continue reading →

Posted in News on May 30, 2023

News Briefs for May 30, 2023

•Penelope Cooper Series Rio, Gentleman’s Cut, and newcomers from Hakushu and Brother’s Bond are among the offerings featured in Whisky Advocate’s latest weekly roundup. Continue reading →

Posted in News on May 30, 2023

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