While total sparkling wine volume is projected to slip again in the U.S. this year, according to Impact Databank, key brands from the $15 and above segment are showing gains in the off-premise as we ...
The sparkling wine category continues to be a key growth driver for the industry, with brands up and down the pricing ladder enjoying solid gains.With a portfolio including Mionetto Prosecco, ...
The cannabis drinks market is growing at a rapid rate. According to research firm Fortune Business Insights, it’s projected to top $117 billion in 2032, led by North America, which dominates the ...
The Wine & Spirits Wholesalers of America (WSWA) announced that it will not hold its annual convention this year but promised its return in 2023. The organization cited ongoing caution and concerns ...
With the holiday season in full swing, beverage alcohol retailers are finding creative ways to add customer value and finish the year strong. “We still see Bourbon and whisk(e)y being big for the ...
Florida-based restaurant giant Darden posted sales up 6% to $2.9 billion in its second quarter ended November 24, boosted by blended same-restaurant sales up 2.4% as well as the addition of 103 Chuy’s ...
Los Angeles-based private equity group Butterfly has completed its acquisition of California luxury wine player Duckhorn for $11.10 per share, in an all-cash transaction valued at approximately $1.95 ...
As the hemp THC beverage segment continues to expand, regulators across several states are eyeing new restrictions on the category. Illinois, Tennessee, Missouri, and Louisiana are among the states ...
One of the foremost executives in the American wine business is retiring after a 37-year career. Roger Nabedian, long the head of E.&J. Gallo’s premium wine division, will be retiring effective in ...
Lifetime adult-use cannabis sales have hit nearly $10 billion in Michigan and surpassed $7 billion in Massachusetts, with the states’ markets coming online in 2019 and 2018, respectively. These ...
•Proximo Spirits is extending its Gran Centenario Tequila brand at the high end with Gran Centenario Gallardo, honoring its founder Don Lázaro Gallardo. The collectible bottling is aged in American ...
M. Shanken Communications, Inc., New York, will host the 46th Annual Impact Marketing Seminar on Wednesday, September 28 at The Pierre in New York City. The Seminar brings together CEOs, presidents ...