Tag Archive: Casamigos
“Hot Brand” Tequilas: Diageo’s Dynamic Duo Leads The Way
With Tequila continuing to be among the best-performing areas of the drinks market, it’s no surprise that the category fielded 12 winners among Impact’s “Hot Brands” this year. Continue reading →
Posted in News on April 25, 2023Debra Crew Named CEO At Diageo, Menezes To Step Down June 30
Diageo has announced that Sir Ivan Menezes will retire as Chief Executive Officer and depart from the Diageo board on June 30, after leading the drinks giant for a decade. Continue reading →
Posted in News on March 28, 2023Diageo, Proximo, Campari Among Those Seeding Growth In Mezcal
After several years of rapid growth from a small base, mezcal is gaining traction with mainstream consumers, propelled by brand leaders like Del Maguey, Ilegal, and Banhez. Continue reading →
Posted in News on March 2, 2023Diageo’s Sales Rise 9% To $11.6 Billion In Fiscal First Half
Diageo saw net sales increase 9% on an organic basis to approximately $11.6 billion during its fiscal first half ended in December, as organic operating profit rose 9.7% to just under $4 billion. Premium-plus brands contributed 57% of reported net sales and drove 65% of organic net sales growth, with the company seeing global gains across most categories, led by Scotch, Tequila, and beer. Continue reading →
Posted in News on January 26, 2023Mezcal Continues Its Move Into The Mainstream
While Tequila remains one of the fastest-growing categories in the entire beverage alcohol industry, agave supply issues have affected some producers, and high inflation has curbed demand somewhat. But the much smaller Mezcal segment continues to grow at double-digit rates, according to Impact Databank, as the on-premise sector’s recovery continues. Continue reading →
Posted in News on December 12, 2022Impact Databank: Tequila Value Surpasses American Whiskey, Trails Only Vodka
For the first time ever, three Tequila brands are expected to crest the billion-dollar mark in U.S. retail sales this year: Bacardi’s Patrón and Diageo’s Don Julio and Casamigos, according to The U.S. Spirits Market: Shanken’s Impact Databank Review & Forecast, 2022 Edition. Continue reading →
Posted in News on October 17, 2022