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Tag Archive: Grupo Cuervo

Proximo Taps Celebrity Tequila Space, Launching Gran Coramino With Kevin Hart

Proximo Spirits is unveiling a new upscale Tequila brand in collaboration with entertainer Kevin Hart. Continue reading →

Posted in News on May 2, 2022

Cuervo Posts Full-Year Sales Up 12.5% To $1.9 Billion

Grupo Cuervo saw net sales grow 12.5% to $1.9 billion in its fiscal year through December on volume up 8% to 25.6 million 9-liter cases. Continue reading →

Posted in News on February 18, 2022

Supply Chain Issues Slow Cuervo’s U.S. Sales In The Third Quarter

Grupo Cuervo posted sales down 7.9% to approximately $470 million in its fiscal third quarter ended in September, reflecting supply chain challenges and tough year-over-year comps in the U.S. and Canada. Continue reading →

Posted in News on October 29, 2021

Mike Keyes To Retire As Proximo CEO, Luis Félix To Replace Him

Industry veteran Mike Keyes will retire as president and CEO of Proximo Spirits by the end of the year, with Luis Félix, currently Grupo Cuervo’s managing director for Mexico & Latam, set to replace him. Continue reading →

Posted in News on July 29, 2021

News Briefs for March 30, 2021

•Old Forester The 117 Series, Dalmore Sherry Cask Select, and newcomers from Jefferson’s and Amrut are among the offerings featured in Whisky Advocate’s latest weekly roundup. Continue reading →

Posted in News on March 30, 2021

Tequila’s Off-Premise Surge Drives Strong Growth For Cuervo

Grupo Cuervo posted a robust set of results for its fiscal second quarter ended in June, as consumers flocked to the Tequila category in the off-premise channel amid the global pandemic. Continue reading →

Posted in News on July 23, 2020

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