News

Five Trends Impacting Global BevAlc Growth, According to the IWSR

Global beverage alcohol is projected to deliver over $21.6 billion to the global economy by the end of 2023, with premium plus segments and no/low alcohol representing bright spots, according to a report from the IWSR Drinks Market Analysis released today.

Diageo CEO Ivan Menezes Dead at 63

Diageo CEO Ivan Menezes, who led the world’s biggest spirits company for a decade, died at the age of 63 after a brief illness, the company announced on Wednesday. Debra Crew has been named interim CEO, effective immediately.

Brown-Forman: Premium Whiskey, RTDs Drive FY 2023 Growth

Spirits group Brown-Forman reported 8% organic growth in its fiscal 2023 year, fueled by its major whiskey brands Jack Daniel’s Tennessee Whiskey and Woodford Reserve, as well as the launch of Jack & Coke ready-to-drink cocktail, the company reported in its Q4 earnings presentation today.

SAYSO Unveils New Sustainable Packaging And New Cocktails

SAYSO, the world’s first craft cocktail tea bags creating a new category in the ready-to-drink space, is unveiling new product packaging and two new flavors just in time for the brand’s 1-year anniversary.