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

Cuervo’s Sales Near $1.7 Billion In Full Fiscal Year

Grupo Cuervo saw full-year net sales surge 19% to just under $1.7 billion in 2020, despite a slowdown in growth in the fourth quarter. Continue reading →

Posted in News on February 25, 2021

Wine Spectator: Penfolds’ Peter Gago Talks Blending California And Australia

The most famous Down Under winery has gone Up Above. Australia’s Penfolds recently unveiled its latest endeavor, a lineup of four California-based wines from vineyards in Napa, Sonoma, and Paso Robles. Continue reading →

Posted in News on February 25, 2021

News Briefs for February 25, 2021

•Fort Collins, Colorado’s Old Elk has launched its first limited release of 2021: Sour Mash Reserve. Continue reading →

Posted in News on February 25, 2021

Craft Brewing and Distilling News for February 25, 2021

•Crested Butte, Colorado-based Montanya Distillers has partnered with Louisiana-based Three Roll Estate to help meet rising demand. Continue reading →

Posted in News on February 25, 2021

Interview, Part 2: Breakthru President And CEO Greg Baird

In the second part of our interview, Breakthru Beverage president and CEO Greg Baird discusses the potential for an on-premise rebound, the company’s cannabis business in Canada, and the outlook for M&A activity moving forward. Continue reading →

Posted in News on February 24, 2021

Wine Spectator: Napa’s Duckhorn Files Papers To Go Public With Stock Offering

Duckhorn Wine Company, the Napa Valley–based portfolio of wineries headed by Duckhorn Vineyards, which has consistently made some of the top-rated Merlots from California since its founding in 1976, has filed a statement with the U.S. Securities and Exchange Commission (SEC) declaring its intention to go public. Continue reading →

Posted in News on February 24, 2021

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