News

Constellation Brands Invests In Archer Roose

Constellation Brands, Inc. (NYSE: STZ and STZ.B), a leading beverage alcohol company, announced that it has acquired a minority stake in wine brand Archer Roose – an accessible luxury wine brand focused on offering consciously-crafted, worldly wines to a new generation of legal drinking age (LDA) wine drinkers.

Monster: Q2 Earnings Garners Gross Margins Miss

Monster Beverage Company reported a steep decrease in margins for Q2 2022 as the cost of materials and logistics weighed down record sales of $1.66 billion, a 13% increase from the same period last year. Yet those results were dampened by the soaring cost of sales, which jumped around 40% to $875.3 million.

Monster To Launch Flavored Malt Beverage “The Beast Unleashed”

Monster Beverage Company confirmed its long-rumored entrance into beverage alcohol during its Q2 2022 earnings call on Thursday, announcing that Monster Beast Unleashed, a four-SKU line of flavored malt beverages (6% ABV), will launch in late Q4 2022 with the goal of being nationally distributed by the end of 2023.

Wilde Irish Gin, New Luxury Spirit, Launches in Washington D.C. & California

Wilde Irish Gin, a brazen response to the craft gin movement, launches this summer in California and Washington, D.C. Taking inspiration from its namesake, literary giant Oscar Wilde, Wilde Irish Gin emerges in a glorious flare of extravagance, from the bespoke book-shaped purple bottle to Wilde’s cane on the intricate silver cap.