News

Can a New Crop of Rum Brands Upgrade the Spirit’s Reputation?

As demand for premium-plus tequila and whiskey continues to grow, will high-end and craft rums help boost the category? A new crop of brands and entrepreneurs offering rums that are premium flavored, sustainable, and positioned for craft cocktails are betting on it.

Taste Radio: Scaling Small? It’s Hubs’ Specialty. And, Our Take On The Bang Bankruptcy.

This episode features an interview with Marshall Rabil, the co-owner of specialty peanut brand Hubs, who spoke about the brand’s efforts to reach younger consumers and the duality of his role as a steward and modernizer of his family’s business. Also, the hosts discussed the news that Bang Energy has filed for bankruptcy and why innovative entrepreneurs are often hamstrung by their own achievements.

Suncliffee Gin Launches in New York City

The gin is vapor-infused in custom copper stills and non chill filtered, resulting in a botanical twist on the classic spirit that sparks the imagination—a postcard from the Southwest.

PepsiCo Raises Year-End Guidance in Strong Q3 Report

PepsiCo raised its 2022 full-year organic revenue guidance to +12% in its Q3 earnings report this week, citing a strong quarterly performance bolstered by North American market share increases in snacks and sports drinks. The New York-based conglomerate surpassed analyst expectations in its quarterly report, announcing Q3 net revenue growth of 8.8% to $21.97 billion.