Ferron Salniker is the Spirits Editor, guiding our coverage of the spirits and RTD cocktail space. She reports for BevNET.com and Brewbound.com on everything from new subcategories in established liquor types to the growth of the craft spirits business.
The latest data shows a modest rebound for total BevAlc sales growth in the two-week period ending May 4, reflecting easing volume declines and relatively steady pricing growth, according to Goldman Sachs Equity Research’s latest analysis of NielsenIQ data.
Jay-Z’s Marcy Venture Partners is the latest group to invest in ready-to-drink brand The Finnish Long Drink, the company announced today.
Hella Cocktail Co., known for its bitters and mixers, is making a foray into bev-alc with a ready-to-drink (RTD) line debuting this week, Hella Margaritas.
Our latest distribution roundup finds Berczy getting in on the hard tea race in the Northeast and Woody Harrelson’s spirits heading into Massachusetts, while prepared cocktails Tequio and DIO sign deals with new distributors as they go deep in California and New York respectively.
If Tip Top Proper Cocktails had the resources, it would’ve released 11 new styles of canned cocktails this year.
Spirits sales at restaurants and bars are mostly steady, with recent data from WSWA’s SipSource and NIQ’s CGA revealing more optimism for the year but still pointing to lower growth levels than in past years. In other happenings on-premise, March Madness was a slam dunk for bars and vodka may find more possibilities in fine dining.
Campari remains optimistic about its 2024 performance despite a lag in sales, as it joins other spirits suppliers facing a downward period after pandemic-boosted growth.
With changing demographics and drinking habits, and as inflation and desire for convenience shifts shopping patterns, suppliers should view ready-to-drink (RTD) offerings as a unique mega category, according to a new report from NIQ.
The vast majority of shoppers (82%) can’t match influencers to the brands they own, according to a new report from Numerator— but that’s not discouraging influencer or celebrity brands from trying. One BevAlc company, co-helmed by the founder of hydration drink brand Roar Organics, is even building its business model around quickly bringing influencer brands to market.
In the past few years, “additive-free,” a term used to designate tequila that’s been produced without sweeteners and other artificial ingredients, has evolved into a buzzword. And it’s not just wellness crowds, celebrities, and big tequila brands that have clocked the trend— it’s Mexican federal authorities, too.
Beam Suntory is rebranding to Suntory Global Spirits, a move that both reflects back on the decade since the Japanese spirit giant acquired the maker of Jim Beam, as well as the company’s continued evolution into a global premium spirits and ready-to-drink competitor.
Brandon Cason, the founder of Canteen Spirits and Waterloo Sparkling Water, is moving into malternatives with the release of TEABIRD this week, a hard tea backed by country music star Jason Aldean.
Pernod Ricard is still facing headwinds in the U.S. and China after reporting a -2% organic decline in sales in the first nine months of FY 2024, with sales expected to stay “broadly stable” for the rest of the year.
Surfside, a fast-growing line of canned iced tea and vodka cocktails, is getting the summer par-tea started with five new SKUs and a distribution expansion putting the brand in over 40 states, the company announced today.
