Tag Archive: Proper No. Twelve
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, 2022Irish Whiskey Weathers The Pandemic, Tops 5 Million Cases In The U.S.
The year 2020 had marked the first decline for Irish whiskey consumption in the U.S. in nearly a quarter-century, as the category was hit especially hard by on-premise shutdowns associated with the pandemic. Continue reading →
Posted in News on March 28, 2022Cuervo Posts Full-Year Sales Up 12.5% To $1.9 Billion
Grupo Cuervo saw net sales grow 12.5% to $1.9 billion in its fiscal year through December on volume up 8% to 25.6 million 9-liter cases. Continue reading →
Posted in News on February 18, 2022Irish Whiskey Back On The Upswing In 2021
Irish whiskey suffered its first decline in the U.S. in many years in 2020, hit especially hard by on-premise shutdowns associated with the pandemic. Continue reading →
Posted in News on August 26, 2021Proximo Takes Majority Control Of Proper No. Twelve Irish Whiskey In Deal Worth Up To $600 Million
Proximo Spirits has acquired a majority stake in Proper No. Twelve Irish Whiskey via a new long-term deal worth up to $600 million for brand co-founders Conor McGregor, Audie Attar, and Ken Austin. Continue reading →
Posted in News on April 27, 2021Proper No. Twelve Off To A Fast Start In Thriving Irish Whiskey Category
Proper No. Twelve, owned by Conor McGregor’s Eire Born Spirits and Proximo, launched less than two years ago, but the brand has already carved out a following in the fast-rising Irish whiskey category.
