sipMargs Raises $2 Million, Expands Distribution
Canned margarita brand sipMargs has closed on a $2 million funding round led by Lab Capital Advisors, the same investor that put $3 million into the brand in May 2022.
Report: High End Tequila Boom Begins to Bust?
Has high-end tequila hit a dry spell? A new report from the IWSR Drinks Market Analysis says brands at the top of the agave spirit shelf should expect a continued slowdown in the U.S. and begin to look elsewhere for growth.
Spirits Distribution: Mr Black Aims for National Buzz, Lo Siento Hits Pavilions
In this latest round of distribution news, we check in with Lo Siento, Never Say Die Bourbon and Diageo’s Mr Black Coffee Liqueur.
Pernod Ricard Appoints New North America CEO
Pernod Ricard announced new leadership today for its North America business. Conor McQuaid will take the helm as CEO of Pernod Ricard North America at the start of the new year.
Small Steps: How Tilden is Going After The On-Premise Premium Mocktail
When Tilden, a 750 ml ready-to-serve mocktail debuted at the start of the year, the founders used flask-sized sample bottles to pitch their new product in sales meetings.
“The Single Best Decision We’ve Made”: Inside Wilderton’s First NA Distillery in the U.S.
With its first season in the books, the founders behind zero-proof spirit brand Wilderton have one major takeaway after opening the first non-alc tasting room and distillery in the country: it’s working.
Phreshly Harnesses Cultural Roots To Stand Out In RTD Redesign
After its debut last year, Phreshly has revamped its ready-to-drink cocktail packaging as it aims to distinguish the brand in BevAlc’s hottest category by focusing on its unique ingredients and cultural roots.
Data: BevAlc Sales Steady, Spirits Volumes Dip
Total BevAlc sales growth improved slightly with volume performance up across beer, flavored malt beverage, cider and hard seltzer, while dipping negative on sequential basis in wine and spirits categories during the latest two-week period.
Pronghorn Backs Three More Female-Led Black-Owned Spirit Brands
Pronghorn continues to aggressively build out its portfolio of Black-owned spirit brands with the addition of three new companies: New England Sweetwater Farm & Distillery, Acquired Taste Cognac, and Rally Gin.
Data: How A Diverse and Sober Gen Z Shops for BevAlc
Gen Z is pushing alcohol abstention to new record lows, according to a new report from NIQ. But that doesn’t mean the youngest legal-age generation isn’t drinking— they’re just doing it differently, and in an era when there are more BevAlc (and replacement) options than ever.
Spirits Distribution: Gay Water Lands in Total Wine, Inspiro Tequila Hits New Territories
In this latest round of distribution news, we check in with Gay Water, plus Inspiro Tequila, hard water “cocktail” Bluebird, Nosotros agave spirits and Wahaka Mezcal.
One-Tier System: How BOTLD Circumvented Control Laws to Sell Craft Spirits
Pennsylvania’s liquor laws are some of the most restrictive in the country, making state-controlled liquor stores an unlikely venue for consumers to discover out-of-state small or craft distilleries.
Transparency and Trends in Tequila: Six Questions with Agave Influencer Lucas Assis
When pandemic lockdowns shuttered Los Angeles bars and restaurants, bartender Lucas Assis took to TikTok to share his love of cocktails and craft spirits.
Anytime Debuts The First Regenerative Organic Certified Spirits
Anytime, the spirits and cocktail company from two founders who cut their teeth in supply chain and sustainability for fast-growing food companies, is bringing the regenerative organic movement into the spirits industry.