While total sparkling wine volume is projected to slip again in the U.S. this year, according to Impact Databank, key brands from the $15 and above segment are showing gains in the off-premise as we ...

Los Angeles-based private equity group Butterfly has completed its acquisition of California luxury wine player Duckhorn for $11.10 per share, in an all-cash transaction valued at approximately $1.95 ...

With the holiday season in full swing, beverage alcohol retailers are finding creative ways to add customer value and finish the year strong. “We still see Bourbon and whisk(e)y being big for the ...

Florida-based restaurant giant Darden posted sales up 6% to $2.9 billion in its second quarter ended November 24, boosted by blended same-restaurant sales up 2.4% as well as the addition of 103 Chuy’s ...

The sparkling wine category continues to be a key growth driver for the industry, with brands up and down the pricing ladder enjoying solid gains.With a portfolio including Mionetto Prosecco, ...

As the hemp THC beverage segment continues to expand, regulators across several states are eyeing new restrictions on the category. Illinois, Tennessee, Missouri, and Louisiana are among the states ...

Cline Family Cellars has long been known for Zinfandel, which remains the anchor of its business four decades after its founding, but the Sonoma County-based winery, founded by Fred and Nancy Cline, ...

Lifetime adult-use cannabis sales have hit nearly $10 billion in Michigan and surpassed $7 billion in Massachusetts, with the states’ markets coming online in 2019 and 2018, respectively. These ...

Among the industry voices taking the podium at last week’s 41st Annual Impact Marketing Seminar were top executives from the world’s two largest spirits suppliers, Diageo and Pernod Ricard, and the ...

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 ...

Cigar Aficionado counted down its Top Cigars of 2024 all last week. After naming the Cigar of the Year last Thursday, the magazine unveiled its full Top 25 list for 2024 on Friday.

Perhaps a daily glass of wine has been unfairly targeted. The panel of health experts tasked with studying alcohol consumption for the U.S. Dietary Guidelines has found with “moderate certainty” that ...