Constellation Forms New Fine Wine And Craft Spirits Unit

Constellation Brands is creating a new dedicated unit to handle its fine wine and craft spirits brands. The company intends the standalone, vertically integrated unit to be the ?leader in the fine win

 

Premiumization Boosts Concha Y Toro’s U.s. Business

Concha y Toro?s U.S. subsidiary Fetzer Vineyards Co. saw sales increase by just under 20% to $177 million in 2020, driven by a more premiumized mix within the portfolio and boosted by exchange rate ef

 
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Whisky Advocate: Which Is The Greatest Whisky Collection Ever Sold?

Scotch whisky history is full of great rivalries, such as Ardbeg and Bruichladdich?s peat bog battles over ppm, and Dalwhinnie and Braeval?s spat over which distillery is Scotland?s highest. Now we ca

 

Tito’s, New Amsterdam, Ketel One Drive Vodka’s U.s. Growth

The vodka category?by far the largest spirits category in the U.S.?broke 80 million cases in 2020 for the first time ever, and has expanded by about 1 million cases annually over the past five years.

 
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Cuervo’s Sales Near $1.7 Billion In Full Fiscal Year

Grupo Cuervo saw full-year net sales surge 19% to just under $1.7 billion in 2020, despite a slowdown in growth in the fourth quarter. Volume increased 7% to 23.7 million 9-liter cases, and the Mexico

 

Duckhorn Reportedly Preparing For An Ipo

Napa Valley stalwart Duckhorn Vineyards is reportedly planning to go public. Bloomberg reported over the weekend that Duckhorn, which is owned by TSG Consumer Partners, has reached out to banks ahead

 

News Briefs For December 28, 2020

The sale of a large part of the personal wine cellar of the late California vintner Joseph Phelps brought robust prices at an auction in Chicago held by Hart Davis Hart Wine Co. (HDH) last week.

 

Treasury’s 19 Crimes Brand Spurred By A New Offshoot, Snoop Cali Red

Since its launch in 2013, Treasury Wine Estates? (TWE) 19 Crimes label has garnered a widespread following, boasting volume of more than 1.6 million cases, according to Impact Databank.

 

Interview, Part 1: Dan Leese, President And Ceo, Hotaling & Co.

San Francisco-based spirits importer, marketer, and producer Hotaling & Co. was founded in 1993 as an offshoot of Anchor Brewing Co. In 2017, the brewing side was sold to Sapporo for $85 million,

 

News Briefs For December 1, 2020

?Jose Cuervo is extending its high-end Reserva de la Familia range with Platino and Reposado offerings. Made at the La Rojena distillery, Platino ($65) is making its return to the U.S. market after a

 
 
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