Pernod Ricard’s Ace Beverage Group Acquires Canadian RTD Nude
Pernod Ricard-owned Corby Spirit and Wine, Canada’s second largest marketer and distributor of spirits and wines, has agreed to purchase RTD brand Nude for $8 million ($11 million CAD).
Ferron Salniker
Spirits Editor
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.
Posts by Ferron Salniker
“It’s Not About Selling Out For a Big Gain”: Six Questions With New Riff Distilling Founder Ken Lewis
After a 50-year run in BevAlc that saw him launch New Riff Distilling and The Party Source, Kentucky’s largest spirits retailer, Ken Lewis retired last month.
Expanding Its Portfolio, Next Century Spirits Acquires Southwest Spirits & Wine
Next Century Spirits, the spirits supplier behind American single malt whiskey Bear Fight, has acquired a majority of Southwest Spirits & Wine brand assets, the company announced today.
NielsenIQ: BevAlc Sales Growth Decelerates, Volumes Decline
Total BevAlc sales growth decelerated in the two-week period ending April 6, reflecting stronger volume declines and slightly rising average pricing growth, according to Goldman Sachs Equity Research’s latest analysis of NielsenIQ data.
Casa Azul Wins Trademark Case Against Clase Azul
A judge has ruled in favor of Casa Azul, the tequila company founded by beverage innovator Lance Collins, in a trademark trial against long standing tequila brand Clase Azul.
Spirit of Gallo Backs Mexico’s Condesa Gin to Boost Super Premium Portfolio
Spirit of Gallo is adding a new Mexican spirit to its portfolio by making a strategic investment in Mexico City’s Condesa Gin, which it will also import, the company announced today.
Spirits Distribution: Betty Booze, Sunshine Punch Go National; Play Hard Scores in IL
Our latest distribution roundup finds Sunshine Punch and Betty Booze signing on for national distribution with one of the big guys, Play Hard vodka seltzer expanding into a new state and stadium, Gay Water going west and Teremana Tequila going global.
Bourbon Giant Woodford Reserve Violated Labor Laws Ahead of Union Vote, Judge Rules
Woodford Reserve violated labor laws when it awarded pay raises and changed vacation policies a week ahead of workers holding a vote on whether or not to unionize, ruled a federal judge earlier this week.
State of BevAlc Report: Non-Alc Gaining Share of Sip, BevAlc Losing Displays
Fewer displays in BevAlc, notably in premixed cocktails, beer and cider, should be considered a warning sign for suppliers, according to a new report from Circana.
Data: Margarita Reigns; Cocktail Velocity Up 5%
America’s number one cocktail is… still number one. The margarita retained a fifth of all cocktail sales on-premise in the last quarter of 2023, followed in popularity by the martini and Moscow mule, according to new data released by CGA from NIQ.
NA Retailer Boisson Files for Chapter 11 Bankruptcy, Company ‘Reorganizing’ to Focus on E-Commerce and Wholesale
Adult non-alc retailer Boisson will be restructuring the company under chapter 11 bankruptcy protection, citing financial challenges amidst an “overly aggressive expansion plan” and the “inefficient deployment of capital.”
Boisson Closing Retail Stores Amid ‘Restructuring,’ As Non-Alc Industry Looks for Answers
Leading adult non-alc (NA) retailer Boisson is shutting down retail outlets and is “restructuring,” according to the founder of one NA brand that was informed of the news by a former Boisson employee.
Becoming an Attractive Target: Four Keys to Securing Investment for Spirit Companies
What makes a spirit company a good target for acquisition? That’s the question a panel of experts answered at the DISCUS annual conference in San Diego earlier this month.
Report: Adult Non-Alc Retailer Rumored to Close
Is leading adult non-alc (NA) retailer Boisson shutting down? According to a Boisson employee, the company shared news of its impending closure with staff on Thursday, but has yet to announce it publicly.