Spirits-based, ready-to-drink (RTD) canned cocktail brand Fishers Island Lemonade has agreed to be acquired by Spirit of Gallo, the spirits division of E. & J. Gallo, the companies announced today in a press release.
Box office megastar and budding beverage entrepreneur Dwayne “The Rock” Johnson is celebrating a major milestone for his Teremana Tequila label, selling over one million cases within a 12-month period.
Distill Ventures, a Diageo-funded accelerator that provides funding and support for startup drink entrepreneurs, has added five brands to its pre-accelerator Spring cohort, the company announced today.
Pernod Ricard reported an 8% increase in organic sales for the first nine months of fiscal year 2023, reaching $10.5 billion, according to its Q3 earnings report today. However, in the last quarter organic sales were down 2% ($2.6 billion).
As spring progresses and the flowers begin to bloom, so too do new releases from spirits makers like DIAGEO, PATRÓN and Lux Row. In this gallery, ZAKUSKA makes its debut in the vodka category, Elvis Whiskey pays homage to the ‘King of Rock ‘n’ Roll’’s favorite snack and Nikka announces the return of traditional statements to its U.S. portfolio.
Two craft spirit veterans have joined forces to acquire Goza Tequila, the company announced yesterday. The acquisition comes as high-end tequila continues to drive growth for the spirits category.
A federal judge has dismissed a proposed class action lawsuit alleging that Topo Chico Margarita Hard Seltzer is deceptively labeled because it is fermented and lacks tequila.
Inspired by customers using kombucha as a cocktail mixer on social media during the pandemic, the team behind MightyBooch is launching Miixt, a first-to-market vodka kombucha RTD, this week.
Ghost Tequila brings in former Mast-Jägermeister U.S. CEO, WES Brands builds leadership team, and Infuse Spirits hires an industry veteran.
As tequila continues to rise, Campari Group has expanded its agave spirits portfolio with the launch of a new tequila, Mayenda. The brand will debut with a blanco expression available in Mexico and the U.S. this week, retailing at $70.
On-premise tequila sales were up 23% in the latest 52 weeks on-premise compared to last year, and 7% off-premise, according to new data from NIQ. Here are four of the factors behind the rise of agave spirits.
Non-alcoholic spirit companies are updating their playbooks as they angle for a share of the $11 billion no/low beverage alcohol market.
Molson Coors and The Coca-Cola Company are partnering again this fall with the launch of Peace Hard Tea, a 5% ABV malt-based version of Coca-Cola’s Peace Tea.
Though summer is still several months away, some ready-to-drink cocktail makers are looking to kick off the season early with their new releases. In this gallery, Jennifer Lopez makes her first foray into the category with a line of lightly sparkling cocktails, Boston Beer Company announces its new “bang-for-your-buck” brand and Tip Top Proper Cocktails expands its portfolio of classic low-ball cocktails.
