Comments Off on This week in spirits & wine, featuring Concha y Toro’s performance trends, Lambrini’s fake tan tie-up and are spirits brands abandoning Twitter?
Here's a round-up of this week's top stories from the global spirits & wine categories. Click the links to view our round-ups for beer & cider and soft drinks & bottled water. Read more
Comments Off on Explore the Sun-Soaked World of Rhum
It's said that the sunny island of Martinique is the spiritual home of rhum, now it's produced all over the world, but made from pure surgarcane, rhum still possesses tropical flavors no matter where it's made. Read more
Comments Off on Currency Woes, Price Hikes Cut Into Cuervo’s First-Quarter Sales And Profits
Grupo Cuervo saw its first-quarter sales decrease 12.7% to $229 million, due to currency fluctuations and what it called a “short-term decline” in the U.S. and Canada following price increases. Operating profit was down 36% to $51 million. In the ̷... Read more
Comments Off on Terressentia Releases First Products From Its Kentucky Distillery
Owensboro, Kentucky-based O.Z. Tyler Distillery, owned by Terressentia Corp., has launched O.Z. Tyler Bourbon. It’s Terressentia’s first non-sourced whiskey made using its TerrePURE process—a “fast filtering” technology that employs ultrasonic energy, ... Read more
Comments Off on Constellation Brands Enters Fast-Growing Hard Seltzer Segment
Constellation Brands’ beer division is launching Svedka Spiked premium seltzer in 10 northeastern states early next month. Packaged in 6-packs of 12-ounce slim cans retailing at $10, the malt-based hard seltzers will be available in Strawberry Elderflo... Read more
•The Entenmann family of baked goods fame has sold its North Fork of Long Island property, Big E Farm, to a family-run Mexican wine company for $15 million. The sale, finalized April 20, includes Martha Clara Vineyards, which includes a … Continu... Read more
Comments Off on Craft Brewing and Distilling News for April 27, 2018
•The Boston Beer Company saw net revenue grow 17.8% to $190.5 million in the first quarter, with shipments rising 15% over the same period last year. The strong first quarter, with depletions rising 8%, was attributed by new CEO Dave … Continue r... Read more
Comments Off on Tannat, the Dark Prince of Paso Robles Wine
Already big in Uruguay, Tannat is settling into California’s Central Coast where this French transplant’s big tannic reds are drawing comparisons to Napa Cabernet Sauvignon. Read more
Comments Off on How to Use Social Media Influencers
The ways people find new products in the wine space is changing. 44% of people regularly discuss wine on social media now, according to Collective Bias, a marketing company with a specialty in social media. The most typical ways consumers use social me... Read more