Casa Lumbre Debuts “Super Premium” Orange Liqueur
On the heels of launching its ready-to-drink tequila cocktail, Mexican spirits company Casa Lumbre is debuting a new product to compete with the orange liqueurs on the back bar.
Former Castle Brands Exec Launches New Spirits Venture, Acquires Whiskey Row
Avalon Spirits Corporation, a new venture from former Castle Brands COO John Glover, has made its first move by acquiring Whiskey Row Bourbon, the company announced late last week. Terms of the deal were not disclosed.
Diageo Turns to Former Clif Bar CEO To Lead North America
Diageo’s largest market is under new leadership. The global spirits company has appointed Sally Grimes, the former head of Clif Bar, as CEO of North America effective next month.
Ready to Run: Why RTD Cocktail Brands Are Betting Big On Rum
With tequila and vodka-based RTDs dominating the sales charts, is there room for rum to make a play?
Data: FMB & RTD Cocktail Sales Up, As BevAlc Steady Over Labor Day Weekend
Volume improved slightly on a sequential basis across wine, spirits and flavored malt beverage categories, while decelerating across hard seltzer in the two-week period ending September 9, according to an analysis of NielsenIQ data by Goldman Sachs Equity Research.
Heineken Acquires Stake in Ellie Goulding’s Served RTDs
Heineken UK has obtained a “significant minority” stake in Served, the ready-to-drink (RTD) brand backed by singer Ellie Goulding. Terms of the deal were not disclosed.
Six Questions with Jose “Pepe” Hermosillo, Founder and Master Tequilero of Casa Noble Tequila
We chat with the founder of Casa Noble about why innovation has anchored his business model, what beyond organic means, and how being part of the Constellation portfolio has changed the business.
Spirits M&A: Illva Saronno Buys Sagamore, William Grant & Sons Adds Gin
With American whiskey on the rise, a major rye distiller was swooped up by an Italian spirits group, while veteran and new players in spirits made bets on U.K. brands finding success across the pond. We recap another busy week in spirits M&A.
InvestBev Pours $1M into Ten To One Rum
Spirits-focused private equity group InvestBev has found its next partner.
Campari Announces CEO Transition Plan
Concluding an 18 year-run with the company in which he helped revive the Aperol Spritz, Bob Kunze-Concewitz, CEO of Campari Group, announced on Tuesday he will be stepping down from the Italian spirits company in April 2024.
Bacardi Acquires Ilegal Mezcal
Bacardi Limited has jumped fully into the mezcal game and acquired Ilegal Mezcal, the company announced today.
Diddy Wins Round One in Legal Battle With Diageo
Sean “Diddy” Combs has won the first round in the lawsuit against Diageo alleging that his spirits brands received worse treatment because of his race.
NIQ: Non-Alc Reaches $510M; NA Craft Beer and Spirits Drive Growth
Non-alcohol spirits, wine and beer now have a market value exceeding half a billion dollars in off-premise channels, according to a new NIQ report on the category.
The Macallan Deepens Supply Chain With Cask Maker Acquisition and U.S. Partnership
The Macallan has locked up a stock of barrels. The well-known Edrington-owned Scotch whisky brand has completed an acquisition of the Spain-based Vasyma cooperage business, while also entering a joint-venture partnership with Ohio’s Coopers Oak to further deepen its supply chain