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Tag Archive: Grupo Cuervo

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

Cuervo Ups Stake In Proper No. Twelve To 49%

Grupo Cuervo has increased its stake in Conor McGregor’s Eire Born Spirits LLC, owner of Proper No. Twelve Irish whiskey, to 49%. Continue reading →

Posted in News on May 4, 2020

News Alert: Cuervo CEO Diagnosed With COVID-19

The coronavirus continues to take a toll on the drinks industry, with Grupo Cuervo announcing today that its CEO, Juan Domingo Beckmann Legorreta, has tested positive. Continue reading →

Posted in News on March 18, 2020

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