Why Tequila Sales Have Doubled in Past Decades
Apparently, we're all wasting away in Margaritaville. In honor of National Tequila Day (yes, there's such a thing), here's a statistic to consider: Tequila sales in the United States have more than doubled over the past decade - from $962 million in 2003 to $2...
Thank Prohibition for the Craft Beer Boom
American craft brewing is flourishing, and Prohibition is partly to thank. Led by brewpubs and microbreweries, the number of U.S. breweries has doubled since 2007 to roughly 3,000, according to the Brewers Association, with hundreds more under construction....
Washington: Guest – Broken promises on Liquor Privatization
THE opposing sides of Initiative 1183 to privatize liquor sales in Washington state spent more than $30 million in a battle for your vote in 2011. The proponents promised the voters more convenience and the opponents predicted our favorite beverages would cost a lot...
China’s Corruption Crackdown Is Crushing Cognac Sales
China's crackdown on corruption, under the watchful eye of president Xi Jinping, is only gathering steam. French cognac maker Remy Cointreau continues to suffer from China's anti-graft campaign. The alcoholic beverage company reported a 5.7% fall in...
Maryland: Worcester Monopoly on Alcohol Sales Ends
Restaurants and bars in Worcester County may now buy spirits anywhere Worcester County's bar owners finally have an open market to purchase spirits. The county's exclusive right on alcohol sales ended July 1 when a 2010 sunset law took effect. ...
Glenfiddich Eyes £100m Drambuie Scotch Merger
The family-owned business behind Glenfiddich and Grant's is examining a £100m takeover of Drambuie, the liqueur reputed to be made from a recipe concocted by Bonnie Prince Charlie. Sky News understands that William Grant & Sons is among an initial crop of...
Rémy Cointreau Sees China Sales Improving in Coming Quarters (Additional Information)
Rémy Cointreau SA RCO.FR +4.19% said Friday that sales should continue to improve in China over the coming quarters even though the anti-gifting drive in the world's second-largest economy hit the French drinks maker's sales sharply in the latest quarter. Rémy...
June, 2014, Control State Results
During June, nine-liter spirits case sales in the control states grew 3.0% compared to same period sales last year. June's sales were brisk, partially facilitated by a weak comp. Rolling-twelve month volume growth of 1.8% eclipsed May's 1.0%. Iowa, Idaho, Maine,...
Legal Definition Would ‘not benefit’ Craft Spirits Georgia: Legislators Look at Simplifying Georgia Alcohol Rules
Despite controversy surrounding big spirits brands marketing their products as "craft", the sector should not be bound by a legal definition, according to a leading US master distiller. Speaking to The Spirits Business, Lance Winters, master distiller at...