Diageo to buy Casamigos for up to $1 billion
Spirits giant Diageo finalized a deal this past week to buy George Clooney’s Tequila brand Casamigos in an effort to increase their exposure in the tequila market. The deal is for $700 million up front with up to $300 million to be paid over 10 years based on...
Control State results for May 2017
In May, 9 liter spirits case sales grew by 3.7 percent in control states compared to May 2016, solid growth for the month. Spirits volume grew 2.6 percent, improving on April’s 2.4 percent Many states had a strong month, exceeding their 12 month trends, including:...
Rosé is chill
Frozen rosé, also known as frosé, is becoming one of the fastest growing cocktails of choice at high end drinking spots throughout Manhattan. Demand has gone through the roof this summer with the heat ramping up that some establishments say they are having trouble...
Direct to Consumer wine shipments extending nationwide
Direct-to-Consumer wine shipments, also known as DTCs, continue to increase based on the steady growth in overall U.S. wine sales. Napa Valley continues to be the dominant player in this market but others are joining the fray. California currently accounts for 85...
Direct to Consumer wine shipments extending nationwide
Direct-to-Consumer wine shipments, also known as DTCs, continue to increase based on the steady growth in overall U.S. wine sales. Napa Valley continues to be the dominant player in this market but others are joining the fray. California currently accounts for 85...
Americans turning to the hard stuff
Alcohol consumption data for 2016 is in and Americans are definitely turning to the bottle. American consumers overall drank 3.5 million fewer nine-liter cases of alcohol overall in 2016 than they did in the year prior, with total consumption down slightly to just...
Blended wines gaining traction among American drinkers
Blending wine used to be commonplace many years ago, then it became taboo, until recently where now we are seeing blending wine as one of the fastest growing trends in the industry. American consumers have come to love blended wine. Blended wine is typically composed...
Natural wine takes hold
Natural wine is all the buzz these days, although surprisingly most people have no idea what really constitutes “natural” wine. Natural wine doesn’t have a specific definition. In short, natural wine is more of an ideology rather than a specific process. A natural...
Alabama approves increase to liquor markup
The Alcoholic Beverage Control Board recently approve an increase of 5 percentage points in the markup on liquor. A move that will add about one dollar to the price of a $30 standard liquor bottle. The three-member board approved the increase with no dissent, the new...