Constellation’s Sales Rise 5%, Led By Beer, Higher-End Wine Brands
Constellation Brands posted sales up 5% on an organic basis to $2.37 billion in the three months through August, representing its fiscal second quarter, with its beer business in double-digit growth and its upscale wine portfolio led by The Prisoner, Kim Crawford, and Meiomi contributing solid momentum. Continue reading →
Posted in News on October 6, 2021Kentucky Bourbon Production Sets New Record
With the brown spirits boom ongoing, Kentucky now has more than 10.3 million barrels of Bourbon maturing within its borders, according to the Kentucky Distillers Association (KDA). Continue reading →
Posted in News on October 6, 2021News Briefs for October 6, 2021
•Bardstown Bourbon Company co-founder David Mandell has been tapped by Stoli Group to oversee construction and development of the 400-acre Kentucky Owl Distillery and Park in Bardstown, Kentucky. Continue reading →
Posted in News on October 6, 2021Craft Brewing and Distilling News for October 6, 2021
•Nashville, Tennessee’s Pennington Distilling Company has launched Whisper Creek Spiked Coffee, a new offshoot from its Whisper Creek Tennessee Sipping Cream. Continue reading →
Posted in News on October 6, 2021Stoli Group Becomes 50/50 Partner With Brad Pitt In Chateau Miraval
Stoli Group subsidiary Tenute del Mondo has acquired a 50% stake in Provence winery Chateau Miraval from actress Angelina Jolie for an undisclosed sum. Continue reading →
Posted in News on October 5, 2021Duckhorn’s Sales Soar 24% To $337 Million In Fiscal Year
Newly public Duckhorn has posted a strong set of results for its fiscal year ended in July, with sales leaping 24% to $337 million and adjusted EBITDA up 11.5% to $117 million. Continue reading →
Posted in News on October 5, 2021
