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

Pernod Aims For Better Finish To Fiscal Year After Tough Third Quarter

Pernod Ricard saw organic net sales dip 2% to €8.9 billion ($9.5b) for the nine months through March, as challenges in the U.S. and China continued in the most recent quarter. Continue reading →

Posted in News on April 25, 2024

Calvert Woodley’s Ed Sands, A Market Watch Retailer Of The Year, Dies At 84

Ed Sands of Washington, D.C.’s Calvert Woodley Fine Wines & Spirits, died April 22 at the age of 84. Continue reading →

Posted in News on April 25, 2024

Tequila, RTDs Boost Cuervo In The U.S.

A solid performance in the Tequila and RTD segments boosted Grupo Cuervo in the U.S. in the first quarter of the year, even as currency fluctuations and challenging conditions in some global markets impacted its overall results. Continue reading →

Posted in News on April 25, 2024

News Briefs for April 25, 2024

•Napa-based importer and marketer Quintessential Wines has been named the exclusive U.S. importer for New Zealand’s Marisco Family Vineyards, effective June 1. Continue reading →

Posted in News on April 25, 2024

Banfi Intent On Further Premiumization, Boosted By Strong Brunello Vintage

New York-based importer and marketer Banfi has long been known for its stable of Italian wines, with the portfolio also including Pacific Northwest and Chilean offerings across its 700,000-case volume. Continue reading →

Posted in News on April 24, 2024

Grey Goose Extends At The High End With On-Premise Focused Altius

Upscale vodka brand Grey Goose, part of the Bacardi portfolio, is expanding its range at the top tier with a new expression called Altius. Continue reading →

Posted in News on April 24, 2024

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