Circana Craft Beverage Report: RTDs in Seventh Inning, E-Commerce Up
RTDs are in the seventh inning, according to Scott Scanlon, executive vice president of Beverage Alcohol at Circana.
RTDs are in the seventh inning, according to Scott Scanlon, executive vice president of Beverage Alcohol at Circana.
The latest data set from NIQ shows total BevAlc sales accelerated their decline in the two-week period ending June 1, reflecting faster volume drops and slightly softer pricing growth, according to analysis from Goldman Sachs Equity Research.
Anything can go viral these days, even smashing a can. Yesterday non-alc cocktail Mixoloshe gets a new name, SMASHD, paying homage to its viral social media campaign that amassed over 120 million views and gained a half million followers on Instagram.
A new event is putting the spotlight on including the LGBTQ+ community in Kentucky’s largest industry, bourbon. The first Queer bourbon week, Bourbon & Belonging, will plant its rainbow flag across bourbon country in October, bringing with it notable partners such as Maker’s Mark, Angel’s Envy and New Riff Distilling.
Brown-Forman announced yesterday a -8% decline in reported net sales to $1.0 billion in Q4 FY 2024 driven by lower volumes of tequila and whiskey, and the broader slowdown in the spirits industry.
The Federal Trade Commission (FTC) is preparing a lawsuit against Southern Glazer’s Wine and Spirits, the nation’s largest alcohol distributor, over its pricing practices, according to a Politico report published yesterday.
Jinx Drinx, which launched in Las Vegas this month after testing in Southern California, is a new ready-to-drink cocktail that that comes in a pouch with patent-pending packaging that includes a sealed-in straw to mitigate drink tampering and drink and drug-facilitated sexual assault.
A common word on the labels of two spirit brands has spurred what could become a pricey trademark dispute. Last month, Topa Spirits, which distills and sells Peruvian pisco brand Piscología, filed a complaint in federal court against Mezcal de Amor alleging a trademark infringement over the use of a “Logia” mark on one of its mezcal brands.
E-commerce beverage-alcohol platform Provi’s lawsuit against Southern Glazer’s Wine and Spirits and Republic National Distributing Co. (RNDC) will be able to go forward after a judge today denied a motion to dismiss the lawsuit filed by the two distributors.
Bardstown Bourbon needed to walk before it could run, according to its new president appointed this month, Peter Marino. Walking, in this instance, means contract distilling for renowned whiskey brands, acquiring another distillery, and releasing its own bourbon series.
Uncle Nearest, the country’s largest Black-owned distillery, is widening its reach across spirit categories in announcing a deal to acquire Square One Organic Spirits, the company announced today.
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.