Betting On Texas Spirits, Patrón Founder Acquires Waterloo Gin
Billionaire spirits empresario John Paul DeJoria is expanding his portfolio announcing today the purchase of Waterloo Gin for an undisclosed sum.
CGA: D.C. Tops Nevada In Cocktail Consumption, Hotel Guests Going NA
With the election looming, is it too much of a surprise that Washington, D.C. has overtaken Nevada as the number one U.S. location for cocktail consumption? That’s according to new data from NIQ-owned on-premise data firm CGA.
A Drink With…Meghan Ireland, WhistlePig’s Chief Blender
We talked with Meghan Ireland, WhistlePig’s chief blender, about how the company culture fosters experimentation, where she finds inspiration, and even what opportunities Dry January brings. Answers have been lightly edited for clarity and length.
Bump Williams: New-to-World Brands at Forefront of Spirits RTD Growth; Sales Trends Slow By More Than Half
Spirits-based ready-to-drink (RTD) products will face a challenge to maintain double-digit growth rates in 2025, including a decluttering of items at retail in order for the segment to remain healthy, according to Bump Williams Consulting’s (BWC) monthly report.
A Drink With… Ana Rosenstein, CEO of Amante 1530
We chatted with the founder of Amante 1530 about how she’s applying a profit-over-growth mindset to bev-alc, where she sees opportunity for more aperitif amaro players, and why her celebrity investor takes a backseat in the company’s branding (hint: there’s a “message in a bottle”).
How Gin & Juice Aims to Leverage Snoop and Dr. Dre For A Gin Revival
Ready-to-drink products have built their brands around different cocktails: some are sessionable seltzers or old classics, others are obscure cocktails that haven’t yet hit mainstream. But Gin & Juice By Dre and Snoop, so far, is the only one that has emerged from a 90s rap anthem.
NIQ: Fourth Category Products Reach $13 Billion
Ready-to-drink (RTD) products surpassed $13 billion in off-premise sales in the 52-week period ending July 13, up +4% year-over-year (YoY), according to a mid-year report from market research firm NIQ.
Brown-Forman Scraps DEI Programs
Facing pressure from conservative activists online, Brown-Forman has dropped its diversity, equity and inclusion (DEI) policies, following a broader trend of major multinational companies cutting programs created to address systemic inequality in the corporate world.
BevAlc: Total Sales Show Slight Improvement
The latest data set from NIQ showed a modest improvement in sales growth for total BevAlc in the two-week period before August 10, according to analysis from Goldman Sachs Equity Research.
Beyonce Partners With Moët Hennessy on American Whiskey
Queen B has stepped onto the spirits stage. Beyoncé Knowles-Carter has joined forces with Moët Hennessy, the wine and spirits subsidiary of luxury group LVMH, to launch a new whiskey venture, announced today.
Survival of the Craftiest: How Distillers Are Battling Distribution and Regulation Roadblocks
Earlier this month, an article in Food & Wine proclaimed craft spirits in crisis, kicking off a tense debate between wholesalers and craft spirit representatives about the root causes of the challenges facing distillers.
CGA: American Whiskey Gains Ground On-Premise
American whiskey is gaining steam as its mother category retains a leading position on-premise in the last 12 months, according to NIQ-owned on-premise data firm CGA.
Napa Wine Family Acquires Majority Stake in Dry Fly Distilling
A big name in Napa Valley wine is moving into craft spirits. Charlie Wagner of Caymus Vineyards has acquired a majority stake in Spokane, Washington-based Dry Fly Distilling, the distiller announced today.
After An Ugly Breakup, Boisson & Its Former Partners Look For the Way Forward
The adult non-alc industry was rocked in April when pioneering retailer Boisson shut its nine physical stores and filed for bankruptcy. Now, many non-alc brands are still asking questions about the closure, while others are finding opportunity in a growing landscape.