Run The Jewels Lands $2M For RTD Expansion
Hip-Hop duo Run The Jewel’s ready-to-drink (RTD) cocktail, Juice Runners, has landed $2 million in seed money.
New RTDs from SunnyD, Post Meridiem, Vodkade and Rancho La Gloria
In the latest ready-to-drink news, SunnyD brings back ‘purple stuff’, Chandon takes a six-year swing at reinventing the spritz, and espresso martinis go decaf.
Cutwater and Surfside Push Triple Digits as Overall Spirits Sales Turn Positive
Springtime must be here because total bev-alc dollar sales flipped to positive (+0.5%) in the two-week period ending April 4 – a sequential improvement from -0.8% in the four-week window and -1.2% in the twelve-weeks, according to the latest analysis of NIQ data from Goldman Sachs Equity Research.
No Sleep Beverage Makes Three Acquisitions With Plans To Further Expand Portfolio
No Sleep Beverage, whose portfolio includes popular lifestyle brands Juliet Wine and Madre Mezcal, will expand from a venture and consulting firm to full portfolio operator – kicked off through the acquisition of three independent brands and plans for further acquisitions.
Old World, New Bet: Branca’s President On Taking a Stake in Alcohol-Removal Tech
Major spirits groups are approaching moderation trends in different ways – for the Milan-based parent company of Fernet-Branca, that means investing in new technology.
Brown-Forman, Pernod Ricard Merger Could Lead to Fewer Buyers and Distributors for Independent Brands
What impact could the consolidation of two spirits industry titans have on smaller, independent suppliers?
How Mocktail Club Cracked The Control State Retail Channel
As U.S. drinking patterns change, so do its traditional drinking institutions. In Virginia, that may be thanks to Mocktail Club, the first non-alc (NA) ready-to-drink (RTD) sold in the state’s liquor stores.
Eagle Park Acquires SoulBoxer Cocktail Co., Eyeing RTD and Hemp Expansion
Wisconsin’s Eagle Park Brewing & Distilling has acquired SoulBoxer Cocktail Co., setting the stage for Eagle Park’s further expansion into canned cocktails spanning alcoholic, non-alcoholic and THC-infused formats.
Former Casamigos Team Launches RTD
The former executive team behind Casamigos (excluding its celebrity owners) are at it again with Por Qué No, a ready-to-drink (RTD) tequila and vodka offering.
Report: Pernod Ricard and Brown-Forman In Merger Talks (UPDATED)
Spirits giants Pernod Ricard and Brown-Forman have reportedly held talks about a possible merger, according to a report from Bloomberg News.
Diageo’s New CEO Sees RTDs Differently
Diageo’s new CEO Dave Lewis is reframing ready-to-drink (RTD) from a margin liability to an opportunity, but the spirits giant has ground to make up.
Sazerac Acquires Dirty Shirley
Sazerac has acquired Dirty Shirley, the ready-to-drink (RTD) vodka-spiked take on the classic Shirley Temple, the company announced Thursday.
Carbliss Bets Big on the Tallboy with New Malt-Based Line
Carbliss, the Wisconsin-based ready-to-drink (RTD) vodka-based cocktail that has become one of the fastest-growing brands in its category, is rolling out a malt-based tallboy across seven Midwestern states.
Uncle Nearest Seeks Chapter 11 Amid Receivership Fight, Founder Sues Lender (UPDATED)
The founder of Uncle Nearest has filed for Chapter 11 bankruptcy protection after the troubled bourbon company defaulted on more than $100 million in loans and went into receivership.