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.
Total BevAlc sales growth decelerated slightly with volume up across spirits, wine and cider, while more negative on sequential basis for beer, hard seltzer and flavored malt beverage during the two-week period that ended December 2, according to an analysis of NielsenIQ data by Goldman Sachs Equity Research.
Empirical, an experimental spirits company created by alumni of the famed restaurant Noma, has filed for bankruptcy for its Danish operations, although the founders insist business in the U.S. or globally will not be impacted and that its stateside business is “thriving."
Newcomers in non-alc spirits are climbing up the list of Drizly’s top-selling SKUs, illustrating how brands are continuing to find innovative ways to replace drinking occasions.
Canned margarita brand sipMargs has closed on a $2 million funding round led by Lab Capital Advisors, the same investor that put $3 million into the brand in May 2022.
Prior to 2020, Nashville-based mixer brand WithCo Cocktails was bringing in less than $100,000 per year. But six months after the brand began advertising to drinkers suddenly thirsting for an at-home cocktail during lockdowns, the startup went to making that same amount per month.
Has high-end tequila hit a dry spell? A new report from the IWSR Drinks Market Analysis says brands at the top of the agave spirit shelf should expect a continued slowdown in the U.S. and begin to look elsewhere for growth.
In this latest round of distribution news, we check in with Lo Siento, Never Say Die Bourbon and Diageo’s Mr Black Coffee Liqueur.
Pernod Ricard announced new leadership today for its North America business. Conor McQuaid will take the helm as CEO of Pernod Ricard North America at the start of the new year.
Spirits 12-month rolling volume trends are down 3.5% from October 2022 to September 2023, and down 5.1% for year-to-date ending in September, according to Wine & Spirits Wholesalers of America (WSWA)’s SipSource.
When Tilden, a 750 ml ready-to-serve mocktail debuted at the start of the year, the founders used flask-sized sample bottles to pitch their new product in sales meetings.
With its first season in the books, the founders behind zero-proof spirit brand Wilderton have one major takeaway after opening the first non-alc tasting room and distillery in the country: it’s working.
After its debut last year, Phreshly has revamped its ready-to-drink cocktail packaging as it aims to distinguish the brand in BevAlc’s hottest category by focusing on its unique ingredients and cultural roots.
Wolves, the luxury whiskey brand founded by two fashion luminaries, has brought on an executive with experience at AMASS and Pernod Ricard as its new president.
Total BevAlc sales growth improved slightly with volume performance up across beer, flavored malt beverage, cider and hard seltzer, while dipping negative on sequential basis in wine and spirits categories during the latest two-week period.
