Exclusive news and research on the wine, spirits and beer business
Dec 10, 2024 · News Alert: Kroger-Albertsons’ $25B Merger Blocked By Federal Judge December 10, 2024. The long-simmering $25 billion merger between supermarket giants Kroger and Albertsons was blocked in federal court in Oregon today, with U.S. District Judge Adrienne Nelson issuing a temporary injunction.
Exclusive news and research on the wine, spirits and beer business
Dec 3, 2024 · Exclusive: Palm Bay To Handle Champagne Nicolas Feuillatte In The U.S. December 3, 2024. New York-based importer and marketer Palm Bay International is adding to its luxury wine stable with a new deal to handle the Nicolas Feuillatte Champagne brand in the U.S. market, effective January 1.
Liqueurs’ Premium And Above Tier Carving Out Growth
Dec 9, 2024 · Liqueurs’ Premium And Above Tier Carving Out Growth December 9, 2024. It’s been a mixed picture in the liqueurs category overall lately, with lower-end brands largely in decline, offset by a new set of premium offerings and diverse flavor profiles that’s driving growth within the category.
Exclusive news and research on the wine, spirits and beer business
Dec 6, 2024 · Interview, Part 2: Moët Hennessy North America President Chris Gabaldon December 6, 2024. In the second part of our interview, Moët Hennessy North America president Chris Gabaldon discusses growth prospects across the luxury marketer’s spirits portfolio, the state of play in Champagne, and where the company is focusing its efforts in the fine wine category, as well as his take on potential ...
Shanken News Daily: Exclusive news and research on the wine, …
About Shanken News Daily Shanken News Daily is a daily email news service covering the global spirits, wine and beer business. It is published by M. Shanken Communications, Inc., publishers of Impact Newsletter/Impact Databank, Wine Spectator, Whisky Advocate, Cigar Aficionado, … Continue reading →
Exclusive news and research on the wine, spirits and beer business
Dec 30, 2024 · Duckhorn, Svedka, Horizon Lead Drinks Industry’s Biggest Deals Of 2024 December 30, 2024. Headlined by Duckhorn’s nearly $2 billion acquisition by private equity group Butterfly, 2024 has seen a number of significant mergers and …
Exclusive news and research on the wine, spirits and beer business
6 days ago · U.S. Surgeon General Calls For Alcohol Labels To Include Cancer Warning January 3, 2025. With the drinks industry already facing an uncertain outlook heading into the new year, U.S. Surgeon General Vivek Murthy has dealt the business another potential blow, with an advisory this morning asserting a causal link between alcohol and heightened cancer risk.
Exclusive news and research on the wine, spirits and beer business
Jan 2, 2025 · Exclusive: High Noon, Crown Royal Push U.S. Spirits Market To 29th Straight Increase January 2, 2025. While conditions have been difficult in the U.S. market over the past year, the spirits category posted its 29th consecutive annual gain by volume, with depletions up 2.5% to 306.6 million 9-liter cases, according to Impact Databank.
News Briefs for December 12, 2024 - Shanken News Daily
Dec 12, 2024 · •Bottles of Marchesi Antinori’s super Tuscan Tignanello raised nearly $190,000 at a London auction organized by Christie’s, on Nov. 26 and 27. The bottles came straight from the Antinori cellars, giving collectors a rare chance to secure one of Italy’s … Continue reading →
MGP Names Gall As Interim CEO, Donn Lux as Chairman
Dec 20, 2024 · MGP Ingredients has appointed current CFO Brandon Gall as interim CEO, effective January 1, succeeding David Bratcher, who is also resigning from the board at the end of this year. Additionally, the company has named industry veteran Donn Lux as chairman, succeeding Karen Seaberg. Lux will lead the ...