The Oxford Artisan Distillery, an ultra-premium English rye whisky producer, announced today it has joined drinks accelerator Distill Ventures via a minority investment from Diageo. Terms of the deal were not disclosed.
In this roundup of new whiskey releases, Bulleit brings back its Frontier Whiskey Barrel Strength Bourbon in time for the holiday season, Skrewball introduces its limited-edition Egg Nog and Puncher’s Chance unveils its oldest whiskey to date.
Pronghorn, an initiative focused on boosting Black spirits entrepreneurship, announced yesterday new investments in three companies: Tequila with Friends, Den of Thieves and Ego Tequila. Terms of the deals were not disclosed.
Pernod Ricard USA has invested in its first-ever canning line for ready-to-drink (RTD) products, aimed to accelerate growth in the burgeoning category.
Espresso martinis have made a comeback at bars, but can their canned counterparts revive the hard coffee segment? Just a few years ago, hard coffee drinks burst into the scene as major brands like Jameson, Jäegermeister, and Pabst Blue Ribbon brought together cold brew and alcohol in bottled or canned form.
As the holiday season approaches, some RTD cocktail brands are leaning into winter-inspired flavors while others are holding onto an eternal summer. Check out this gallery for the latest launches from brands like Spirited Hive, Cutwater Spirits and Dewey Crush.
Trade groups across beer and spirits continue to fight over whether spirits-based, ready-to-drink canned cocktails (RTDs) should be taxed at the same as malt-based alternatives. The argument came to a head this month when Public Sector Consultants (PSC) released a study claiming decreased excise tax rates for spirits-based RTDs have cost consumers more on shelf.
Non-alcoholic beverages and spirits are evolving into a fast-moving segment, but are low-alcohol spirits and wines following the same trajectory? New producers of naturally low-ABV aperitifs and amaros are hoping the category’s progression will create a niche for them.
Spirits portfolio company Next Century Spirits has acquired XED Beverages, the maker of cocktail-inspired hard seltzer brand Sesh. Financial terms of the transaction were not disclosed.
Another soda company is testing the beverage-alcohol market – this time with the world’s largest beer manufacturer. Novamex, the maker of Mexican soda brand Jarritos, is partnering with Anheuser-Busch InBev (A-B) to launch Cantaritos Hard Sodas in California and Texas markets next spring.
Diageo has acquired Waco, Texas-based whiskey maker Balcones Distilling in a cash transaction, the company announced today.
In this autumn edition roundup of new spirits releases, Highclere Castle celebrates the anniversary of discovery of King Tut’s tomb, Åhus Akvavit introduces its seasonal blend in the U.S. and Yobo Kish teams up with Top Chef winner Kristen Kish to launch a new aperitif line.
Campari Group is boosting its Kentucky bourbon portfolio by taking a majority stake in Wilderness Trail Distillery, the company announced today. The move comes at a time when American whiskey continues to rise, and particularly higher-priced brands.
Super premium spirits have been outpacing mainstream categories for over a decade, but will a looming recession stall that trajectory? A new report suggests that economic conditions may soften demand for high end wine and spirits, but won’t hinder long term growth.
