Italian wine group Pasqua saw revenues climb 6% to €64 million ($70m) last year, propelled by a 40% increase in the U.S. market. Exports now account for 90.2% of Pasqua’s business, up from 87.6% a ...
•Suntory Global Spirits has brought back Basil Hayden 10 Year, making the previously-limited whiskey the latest permanent addition to the Basil Hayden portfolio. The whiskey is made from the brand’s ...
Five of America’s largest cannabis companies have released full-year results for 2024, with two growing, two flat, and one declining. The companies showing growth—Chicago-based Green Thumb Industries ...
The cannabis drinks market is growing at a rapid rate. According to research firm Fortune Business Insights, it’s projected to top $117 billion in 2032, led by North America, which dominates the ...
Consolidation is nothing new for the wine industry, but the pace of change has accelerated in recent years as interest rates have risen, costs of labor and supplies have jumped, and demand for wine ...
California’s Riboli Family Wines has opened a new division focusing on ultra-premium and luxury wine brands from France, Italy, New Zealand, and other regions. The new division is called Avanti and ...
Bacardi-owned Dewar’s was up nearly 20% to 1.1 million cases in the U.S. last year, according to Impact Databank, ranking second after Johnnie Walker in the blended Scotch category. Dewar’s has seen a ...
Iconic California Zinfandel brand Ravenswood is back after a five-year hiatus, returning a beloved wine label to the market. What’s more, founding winemaker Joel Peterson is consulting on the relaunch ...
•Pernod Ricard’s Irish Distillers unit has released a new whiskey within its Powers brand. A triple-distilled, single pot still whiskey made from a mash of malted and unmalted barley, Powers Three ...
Throughout its 100-year history, Glen Rock, New Jersey-based Opici Group has been involved in every facet of the wine business. Today the company is an importer, a producer, and a distributor. Its ...
In October of last year, two of the leading U.S. spirits and wine distributors—Charmer Sunbelt Group (CSG) and Wirtz Beverage Group (WBG)—joined forces to create Breakthru Beverage Group, a ...
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