For mature beverage categories, producing year-over-year growth can be a challenge. For the U.S. wine and spirits markets, sales growth has allowed these categories to increase not only its own yearly comparisons, but also gain market share from other beverage alcohol categories.
Taking pride in the art of making hand-crafted spirts, Nashville, Tenn.-based Pennington Distilling Co. has been crafting authentic, American-made vodkas, whiskies, ryes and cream liqueurs since its founding in 2011.
Oregon wine company will operate independently following transaction
May 29, 2018
The Underwood family's Wilson Daniels Wholesale, New York, has agreed to acquire Portland, Ore.-based Galaxy Wine Co. from its founders, Matt Elsen and Bob Liner.
Achieving success in a crowded market is a task that goes beyond producing a quality product, and is one that Stillhouse Spirits Co., Los Angeles, has been able to achieve.
Purchase makes Bacardi No. 1 spirits company, based on IWSR data
May 1, 2018
Bacardi Ltd., Hamilton, Bermuda, completed the transaction that makes the family owned company the sole owner of Patrón Spirits International AG, Schaffhausen, Switzerland, and PATRÓN, its super-premium tequila brand. The transaction follows a successful relationship the two companies have had since Bacardi’s initial acquisition of a 30 percent minority stake in Patrón Spirits in 2008.
The Dreaming Tree, the California wine portfolio from musician Dave Matthews and award-winning winemaker Sean McKenzie, launched their new packaging this spring.
Distributor, wine company now aligned in 26 states
April 23, 2018
Southern Glazer’s Wine & Spirits, Miami and Dallas, announced that it has expanded distribution agreements in the Pacific Northwest with Ste. Michelle Wine Estates, Woodinville, Wash.
Company develops fully edible, compostable LOLISTRAW
April 23, 2018
To further complement its commitment to eliminate single-use, nonbiodegradable straws and stirrers from the beverage business, New York-based Pernod Ricard USA is collaborating with New York-based LOLIWARE and its co-founders Chelsea Briganti and Leigh Ann Tucker to reimagine the cocktail consumption experience through the use of the recently launched LOLISTRAW, a hypercompostable fully edible straw.
The on-premise channel has struggled to maintain positive growth, but the growth that has been seen has largely been a result of consumers’ willingness to pay more for more premium products, experts say