In the on-premise channel, bars and restaurants have earned more than $12,000 on average from the sale of cocktails in the first quarter of 2022, compared to the 12 weeks that ended October 22, reported CGA, which focuses on on-premise retail occasions.
Seven states plus the District of Columbia currently allow distillers to ship direct-to-consumer (DTC), but that number may be changing with a new bill making its way through the California Legislature.
As the sun finally emerges from behind the clouds, ready-to-drink cocktail makers are rolling out new products to sip in the sunshine. Check out this gallery for two new canned cocktails from Post Meridiem, a line of desert waters from Madre Mezcal and new product formats from Red Lady and Corsair Distillery.
After over two decades, CompassBox has earned a name for itself through frequent releases of blended malts and a campaign aimed at encouraging transparency in whisky spirits. That’s the exact kind of innovation and passion Manesh Rungta, the founder and managing partner of Cælum Capital Limited, is looking for.
Like sweatpants and sourdough, golf gained an unexpected burst of popularity during the pandemic, earning droves of players looking for an outdoors oasis and socially distant entertainment. Another leisure activity that saw pandemic growth: ready-to-drink cocktails. Now the two are combining.
In this gallery, we highlight a sprinkling of notable new releases for this summer, including a single-barrel series that pays homage to Red Sox legend David Ortiz, the launch of Country Crock’s first-ever spirit and the debut of Westward’s Elements series that is inspired by the beauty of Northwest.
Vermont lawmakers have advanced a bill to lower taxes on and grant wider market access to spirits-based, ready-to-drink (RTD) canned cocktails. If signed by Gov. Phil Scott, the bill (H.730) will go into effect July 1. It would lower state excise tax on spirits-based RTDs from $7.68 per gallon to $1.10 gallon.
When Phillips Distilling Co launched Prairie Organic Spirits in 2008, organic was an emerging trend, according to Meghan Murray, director of commercial marketing. Over a decade later, that mostly still holds true.
With both tequila’s and mezcal’s growth rates soaring, the agave spirits category could surpass vodka in a number of years, according to the Distilled Spirits Council of the United States. While not an agave spirit, another new product from Mexico is starting to build an audience: Sotol.
With Memorial Day just around the corner, many brands are launching new ready-to-drink cocktails for your celebration. In this gallery, we highlight some of the notable new releases from the past month, including new formats from Onda and Spritz Society and fresh flavor releases from Monaco Cocktails and Cardinal Spirits. We also highlight House of Love, a new collection of cocktails and mocktails created by Svedka in partnership with RuPaul.
Former Anheuser-Busch InBev executive Felipe Szpigel is merging his high-end, ready-to-drink (RTD) canned cocktail brand Five Drinks Co. into a new beverage venture platform called Better Drinks, that will bring several Brazilian brands into the U.S.
As summer looms on the horizon, Thomas Ashbourne Craft Spirits is making a splash in the ready-to-drink cocktail category with the launch of its four-SKU portfolio that was crafted with the help of celebrity founding partners Sarah Jessica Parker, John Cena, Ashley Benson, Rosario Dawson, Vanessa Hudgens, and Playboi Carti.
You’ve heard of tequila blanco, reposado, and añejo, but what about cristalino? Last week Jose Cuervo announced the U.S. launch of the tequila giant’s first cristalino tequila, begging the question, what exactly is a cristalino and why is this subcategory an emerging buzzword?
While beer has historically enjoyed favorable excise tax rates, spirit makers are attempting to change those laws, they say, to level the playing field for products of similar ABVs and package sizes.
