Campari Group reported positive sales growth in the first half of 2024, but warned that temporary headwinds will impact its gross margins during its H1 2024 earnings call yesterday.

Marking its first annual sales loss since 2020, Diageo reported a -1.4% fall in net sales for fiscal year 2024 during its earnings call Tuesday morning.

Sometimes it’s a brand’s challenges that make it an attractive acquisition target. Last week, the Aether Group, a recently launched incubator and brand house from a former Coca-Cola executive made its first acquisition: Corte Vetusto, a mezcal brand with a U.K. footprint whose U.S. distribution stalled due to the pandemic.

For winemaker Samantha Sheehan, the spritz’s rise to one of the most popular cocktails in the U.S. has been a boost to her Napa-based aperitif brand Mommenpop.

Thousands of bar professionals and spirit reps from across the globe will descend on New Orleans next week for the world’s leading cocktail conference, Tales of the Cocktail.

Diageo has completed its second brand sale in the span of a month, announcing today it has offloaded Venezuelan rum label Pampero to Italian food and spirits company Gruppo Montenegro.

Fast-growing whiskey company Uncle Nearest has launched a unique trade mentorship program, leveraging a brand advocacy strategy its creator said is centered on investing in bartenders and building long-term relationships.