Despite attempts to fuel volume growth and jumpstart premiumization trends, the rum category has failed to make meaningful progress in the U.S. market, declining by 1.8% to 23 million cases last year, according to Impact Databank. Leading players Bacardi and … Continue reading →
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Treasury Wine Estates (TWE) has sold 12 non-core brands, further streamlining its operations following its acquisition of Diageo’s wine business earlier this year. TWE says the brands—all from the U.S.—had annual aggregate sales of around 1 million cases. While it … Continue reading →
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•Wine Spectator has unveiled its Grand Award winners for 2016, honoring restaurants with extraordinary wine programs. This year seven restaurants earned the Grand Award for the first time. They join the ranks of 81 Grand Award winners that successfully renewed … Continue reading →
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•California-based Ballast Point is introducing a new flavored India Pale Lager (IPL), Orange Vanilla Fathom. Rolling out in 22-ounce bottles and on draft, Orange Vanilla Fathom is a 7%-abv IPL that is billed as a warm weather brew that is … Continue reading →
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