Tag Archive: Brown-Forman
News Briefs for January 12, 2023
•The GlenDronach, part of the Brown-Forman portfolio, has announced the eleventh edition of the distillery’s cask strength Highland single malt Scotch whisky. Continue reading →
Posted in News on January 12, 2023Report: Brown-Forman’s Diplomatico, Gin Mare Purchases Worth A Combined $1.25 Billion
Brown-Forman’s recent acquisition of Venezuela-based upscale rum brand Diplomatico, which closed last week, was worth $725 million, the Louisville Business Journal reported, citing a December SEC filing. Continue reading →
Posted in News on January 9, 2023Brown-Forman Sees Sales Rise 11% to Over $2 Billion, with Operating Income Up 8%
For its fiscal first half, Brown-Forman reported that net sales jumped 11% to $2.1 billion, with Jack Daniel’s, Woodford Reserve, and the company’s RTD portfolio leading the way. Continue reading →
Posted in News on December 7, 2022News Briefs for December 1, 2022
•Brown-Forman has expanded the role of Marshall Farrer to include the post of executive vice president, chief strategic growth officer. Continue reading →
Posted in News on December 1, 2022News Briefs for November 9, 2022
•Brown-Forman’s Tequila Herradura is expanding the availability of its super-premium expression, Herradura Legend, into national distribution. Continue reading →
Posted in News on November 9, 2022American Whiskey’s $25-Plus Segment Set To Surpass 10 Million Cases
While much of the spirits market has seen volume slow in control states so far this year, upscale American whiskey—along with Tequila and spirits-based RTDs—continues to churn out solid gains. Continue reading →
Posted in News on November 1, 2022