Duckhorn Names Deirdre Mahlan Permanent CEO, Closes Sonoma-Cutrer Deal
The Duckhorn Portfolio announced early this morning that it has named former Diageo North America president Deirdre Mahlan as its permanent president and CEO. Continue reading →
Posted in News on May 1, 2024DEA To Reschedule Cannabis In Fundamental Shift For The Industry
In case you missed yesterday’s news alert, the Drug Enforcement Agency (DEA) has agreed to transfer cannabis from a Schedule I to a Schedule III drug, placing it in line with substances like ketamine. Continue reading →
Posted in News on May 1, 2024News Briefs for May 1, 2024
•California’s Foley Family Wines has added High Ground vodka to its spirits range. Continue reading →
Posted in News on May 1, 2024News Alert: Beam Suntory Rebranded To Suntory Global Spirits, Aiming For $10B In Sales
It’s now been a decade since Suntory Holdings agreed to acquire the former Beam Inc. for $16 billion. As Suntory marks that milestone, it’s rebranding Beam Suntory as Suntory Global Spirits to reflect the increasing globalization of the business and the ambitious goals it has set for the future. Among them, the company is aiming to roughly double Suntory Global Spirits’ sales to $10 billion by 2030. Continue reading →
Posted in News on April 30, 2024Beer Distributors Ramp Up Expansion Into Wine And Spirits
Spurred by consumer trends and the search for new revenue streams amid a sluggish beer category, some of the nation’s largest beer wholesalers have been moving aggressively into wine and spirits in recent years. Continue reading →
Posted in News on April 30, 2024
