Exclusive news and research on the wine, spirits and beer business

Treasury Wine Posts Yearly Sales Of $1.7 Billion Amid Premiumization Push

Treasury Wine Estates saw sales slip 1% on an organic basis to A$2.5 billion ($1.7b) in the year through June, as the company battled exorbitant tariffs in China and reshaped its portfolio toward the premium end of the market. Continue reading →

Posted in News on August 18, 2022

News Briefs for August 18, 2022

•OTR Premium Cocktails, part of the Beam Suntory range, is adding an espresso martini to its ready-to-serve cocktail lineup. Continue reading →

Posted in News on August 18, 2022

Impact Databank: U.S. Table Wine Market Remains Sluggish, But Above $15 Brands Thrive

As the on-premise sector continues its slow but steady recovery from the pandemic, the U.S. wine market is expected to eke out another gain in dollar terms in 2022, but volumes will fall for the second consecutive year, according to The U.S. Wine Market: Shanken’s Impact Databank Review & Forecast, 2022 Edition. Continue reading →

Posted in News on August 17, 2022

Constellation Extends The Prisoner Wine Co. With New Blindfold Brand

Constellation Brands has added another wine label under The Prisoner Wine Co. Continue reading →

Posted in News on August 17, 2022

Diageo North America Taps Rodney Williams As President, Diageo Beer Company and Canada

Rodney Williams is joining Diageo North America as president, Diageo Beer Company and Canada. Continue reading →

Posted in News on August 17, 2022

News Briefs for August 17, 2022

•Islay Scotch producer Ardbeg, part of the Moët Hennessy portfolio, will release the fourth bottling of its 19-year-old expression Ardbeg Traigh Bhan next month. Continue reading →

Posted in News on August 17, 2022

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