After over a decade of investing in emerging spirits and adult non-alc brands, last week Diageo confirmed that its venture arm Distill Ventures will cease bringing new brands into its portfolio. What does the wind-down signal for the spirits group and does it say something about the larger spirits industry?
This latest roundup of spring RTD releases includes spiked options from iconic brands Minute Made and Coca-Cola, big name-drops like Grammy-nominated artist Lil Yachty and basketball legend Shaq, and a boozy brunch option from Cupcake Vineyards.
Campari’s Howler Head Whiskey has been acquired by San Diego-based group Infinium Spirits, joining an expanding portfolio that includes Templeton Rye, Corralejo Tequila, Zaya Rum and Seagram’s Vodka.
As tariff threats continue to expand, spirit suppliers say they are losing purchase orders, facing the possibility of consumers trading down, and quickly assessing how to position their portfolios.
Diageo will cease bringing new brands into its Distill Ventures accelerator program for startup drink entrepreneurs, a Diageo spokesperson confirmed Wednesday.
American whiskey producers are once again swept up in a trade dispute that has unfurled pricey tariffs on their exports to Europe.
SipMARGS, a ready-to-drink (RTD) sparkling margarita brand has revamped its liquid and landed $3 million from new investors, including powerhouse social media influencer Alix Earle.
A classic powdered beverage brand is shaking up its product catalog with a foray into bev-alc. Crystal Light Vodka Refreshers are rolling out to 10 states this month.
Brown-Forman maintained its annual forecast even as it weathers flat whiskey sales and prepares for the impact of tariffs, the company announced in its Q3 FY25 financials release and earnings call.
As President Trump moves forward with tariffs, the spirits industry is bracing for a trade war that could bring price increases and shake up the backbar.
Sisterhood is powerful, especially for Kelly Gasnik and Jill Burns, founders of Austin Cocktails. The sisters started the spirits-based ready-to-drink cocktail brand in 2012, helping to spearhead the current wave of canned cocktails.
When Adam Spiegel founded Sonoma Distilling Company in 2010, it was the 15th distillery to open in California. Now the Golden State boasts more than 300 distilleries, more than any other state, and Spiegel is embarking on a new chapter aiming to help revitalize what he calls a “broken three-tier system.”
The CEO of Republic National Distributing Company (RNDC) is out this morning following the distributor’s loss of two major suppliers in the country’s largest spirits market.
Glancing at the adult non-alc (ANA) section of a store, most drinkers aspiring to moderate for the first time likely won’t find brands they recognize. They might prefer it that way.
