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Tag Archive: Proximo Spirits

Cuervo Up 22% In The First Half, Despite Supply Chain Challenges

Grupo Cuervo achieved 22% net sales growth to just over $1 billion in its fiscal first half ended in June, even as supply chain struggles and tough comps hit U.S. volumes in the second quarter. The company’s operating income grew by 32% to $206 million in the first six months of the year. Continue reading →

Posted in News on July 29, 2022

News Briefs for November 3, 2021

•Glenmorangie is introducing a special edition 18-year-old single malt in collaboration with Tokyo-based floral artist Azuma Makoto. Continue reading →

Posted in News on November 3, 2021

Proximo Opens Great Jones Distilling Co. In Manhattan

Proximo Spirits has opened Great Jones Distilling Co., marking the first distillery in Manhattan since Prohibition. Continue reading →

Posted in News on August 19, 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

Proximo SVP Lander Otegui On The Opportunity In Irish Whiskey

Grupo Cuervo international arm Proximo Spirits is known for Tequila, but it’s also a rising player in Irish whiskey, marketing Bushmills, The Sexton, and Proper No. Twelve. Continue reading →

Posted in News on June 22, 2020

Cuervo’s Sales Increase 5.3% In First Quarter, With North America Up Nearly 15%

Grupo Cuervo saw robust sales growth in the first quarter despite the Covid-19 crisis, with its North American sales soaring 15% to MX$3.5 billion ($146m) on a volume increase of 6.4% to 2.1 million cases. Continue reading →

Posted in News on April 30, 2020

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