Tag Archive: 1800
Proximo Sees “Sustained Category Momentum” In Tequila
Proximo Spirits parent Grupo Cuervo says broad momentum in the Tequila category is continuing this year, even as trade tensions and heightened competition make for a challenging market. Continue reading →
Posted in News on July 24, 2025Tequila’s Top Players Driving Growth In The Year-To-Date
Last year, Tequila reached a new record-high in the U.S. market despite a deceleration, rising by 2.5% to 31.3 million cases, according to Impact Databank. Continue reading →
Posted in News on June 30, 2025Cuervo’s Profits Boosted By Weaker Peso In First Quarter
Grupo Cuervo posted net income up 16% to $59 million in its fiscal first quarter ended in March, boosted by a weaker peso against the U.S. dollar. Continue reading →
Posted in News on April 30, 2025Exclusive: Mauricio Vergara Named CEO Of Proximo Spirits
Industry veteran Mauricio Vergara has been appointed CEO of Grupo Cuervo’s Proximo Spirits, effective July 1. Continue reading →
Posted in News on March 27, 2025Cuervo Posts $2.2 Billion In Sales, With Higher-End Tequilas Lifting Margins
Grupo Cuervo saw net sales slip 3% to $2.2 billion organically at constant currency last year on volume down 6% to 25 million cases. Continue reading →
Posted in News on February 27, 2025News Briefs for January 10, 2025
•Proximo Spirits has released the latest limited edition 1800 Tequila “Essential Artist Series” bottling, featuring the work of multimedia artist Raúl de Nieves. Continue reading →
