Brother’s Bond Bourbon Lands $7.5M, Talks Global Expansion
Another round of investors has gone batty for Brother's Bond Bourbon, the whiskey brand founded by co-stars of the teen TV drama series Vampire Diaries.
Bank of America: Consumers Shifting Bev-Alc Spending to the On-Premise, Led by Baby Boomers
Despite inflationary concerns, consumers continue to spend money in the on-premise, according to a recent report from the Bank of America Institute.
Bourbon Glut? Bardstown Explores RTDs for Relief
Ready-to-drink (RTD) cocktails may be one way through the bourbon glut, according to Bardstown Bourbon president Pete Marino.
FTC: Southern Glazer’s Charges Independent Stores Up to 67% More Than Chain Retailers
Southern Glazer's Wine & Spirits (SGWS) has consistently charged independent retailers as much as 12% to 67% more than national and regional chains for the same products, according to newly unsealed redactions in the Federal Trade Commission's (FTC) price discrimination case against the distributor.
US Spirits, Beer Advocates Brace for Steel and Aluminum Tariffs
American bev-alc suppliers are still in the crosshairs of a trade war. On Sunday, President Donald Trump reignited trade tensions with the European Union, threatening to bring back policies that hit American spirits exports hard in his first term.
Pernod Ricard Blames Geopolitical Uncertainty For Gloomy Outlook
Another major spirits group has blamed geopolitical instability for cutting its sales outlook.
Tequila Powerhouse Diageo Blames Tariffs For Possible Trouble In 2025
Spirit suppliers got a brief reprieve when President Donald Trump delayed tariffs with Mexico and Canada on Monday, but the threat of a trade war has still hampered the growth outlook for one of the industry’s biggest players.
Spirits Temporarily Avoid Trade War As Trump Pauses Mexico and Canada Tariffs
President Donald Trump’s plans to levy 25% tariffs on goods imported from Mexico and Canada have been postponed, temporarily averting a trade war that put American alcohol in the crosshairs.
Pinhook Bourbon Pulls in Fresh Funding, Names New CEO
Pinhook Bourbon has pulled in $10.5 million from undisclosed private equity and family office investors to support the expansion of its sales and marketing teams and strengthen consumer engagement through experiential marketing.
Tito’s To Move From RNDC to Reyes Beverage Group In California
Leading spirits brand Tito’s Handmade Vodka plans to leave Republic National Distributing Company (RNDC) for Reyes Beverage Group in California. The announcement comes after RNDC filed notice to lay off at least 60 of its staff in the Golden State.
TTB Proposes New Rules For Alcohol Labeling
The U.S. Treasury Department’s Alcohol and Tobacco Tax and Trade Bureau (TTB) has proposed new rules for nutrient and alcohol content labeling on wine, beer, and spirits.
NIQ: Adult Non-Alc Nears $1B; RTDs Drive Growth
Total bev-alc retail sales reached $112 billion in 2024 but, excluding ready-to-drink (RTD) beverages, no category saw growth in dollars or volume, according to market research firm NIQ.
Second Report on Alcohol Consumption and Health Draws Industry Trade Groups’ Ire
All major beverage-alcohol industry trade groups have united in opposition of a draft study about alcohol consumption’s effect on health, which was released Tuesday.
Mark Anthony Brands President Dishes on Simplified 2025 Portfolio, Spirits-Based RTD Learnings
Mark Anthony Brands is narrowing its focus in 2025, with a "dramatically" simplified portfolio, Mark Anthony Brands president David Barnett shared Monday during Day 2 of Beer Business Daily’s Beer, Wine and Spirits Summit in Palm Beach, Florida.