American Whiskey Faces Potential 50% Tariff Spike Amid EU Trade Dispute
American whiskey producers are swept up in a trade dispute that could result in the return of pricey Trump-era tariffs on their exports to Europe.
Spirits Distribution: Costa Goes West, Brody’s Gets A Refresh
In this latest roundup of distribution news, we check in with fast-expanding Costa Tequila, plus Brody’s Craft Cocktails, limoncello brand Fabrizia and single malt specialist Brother Justus.
Casa Lumbre, F1 Champ Lewis Hamilton Debut Non-Alc Agave Spirit
Mexican spirits company Casa Lumbre is shifting gears into the non-alc category with one of global sports’ biggest names.
Report: Luxury Spirits Lag, Holiday Spending May Dip
As we approach the holiday season, consumers may be pulling back on their alcohol spending.
Report: Consumers Pay +73% For Celeb Spirits at Bars & Restaurants
Celebrity spirits are growing sales on-premise— and at a premium. Consumers are paying 73% more per drink for a celeb-backed spirit at bars and restaurants, according to Union’s OnPrem Insights which gathers data from over 1,000 high volume accounts using the POS platform.
Data: FMBs Lead at C-Store, Other RTDs Face Big Opportunity
Convenience stores represent the next big opportunity for ready-to-drink cocktails, according to a new report from NIQ.
Pernod Ricard: Declines in U.S., China Bring Down Q1 2024 Sales
As predicted during its last earnings call in August, Pernod Ricard reported a -2% decline in organic sales in the first quarter of FY 2024, with dips in the U.S. and China bringing down overall performance.
Data: BevAlc Sales Up Due To Easing Volume Declines
Total BevAlc sales growth accelerated with volume performance improved across beer, spirits, flavored malt beverage and hard seltzer, while decelerating on a sequential basis in wine and cider categories during the two-week period ending October 7, according to an analysis of NielsenIQ data by Goldman Sachs Equity Research.
Sweet Surprise: This Moonshine Shake is Scaling for Unexpected Demand
Thanks to the work of a modern wave of trailblazing distilleries, moonshine has come a long way since the days when the homemade liquor was distilled in secret. Turning it into a decadent sweet boozy treat hasn’t hurt things, either.
Taking on Tito’s: Splash Bev. Group President on New and Future Acquisitions
Not many companies are challenging the country’s top-selling spirit brand, but Splash Beverage Group is aiming to do just that with its most recent acquisition.
New Flavors and Digital-First: How a Pernod Ricard Exec Aims to Disrupt Cognac
After over a century of producing Cognac for major players, one family is hoping to revive the category with their own fresh take on the storied French brandy.
The “Topo Chico Effect”: Following The Pathfinder’s Non-Alc Push Into Neighborhoods and Bars
With no- and low- alcohol now a $11 billion business and new brands jumping into the zero-proof movement, what’s the playbook to make a splash?
How Brands Are Addressing Non-Alc’s Biggest Barriers
Despite non-alc’s momentum, only 26% of the U.S. consumers moderating their alcohol, say they are drinking no-alcohol alternatives to their favorite full-strength drinks, citing barriers around taste and lack of availability, according to a recent report from bev-alc data firm IWSR.
InvestBev Backs Celeb-Branded Thomas Ashbourne RTDs
Spirits-focused private equity firm InvestBev has backed Thomas Ashbourne Craft Spirits, the ready-to-drink brand crafted with the help of celebrities like Sarah Jessica Parker. Terms of the deal were not disclosed.