Monthly Archives: June 2017

For 1st Time, Castle Brands Posts a Profit as Sales Rise 7% in Year

Net sales advanced 7% to a record $77.3 million, EBITDA soared 46% to $5.2 million, and net profit, as measured by GAAP rules turned positive, with the company recording a $500 million profit.  A year earlier the company posted a … Continue reading

Posted in beer | Tagged | Comments Off on For 1st Time, Castle Brands Posts a Profit as Sales Rise 7% in Year

DSC Backs Bev/Al Service in New York Movie Theaters

Distilled Spirits Council today joined movie theater operators and other beverage producers in strongly supporting legislation (A.7188 /S.5784) that would allow beer, wine and spirits to be served to adults in some New York state movie theaters. “Adult consumers should … Continue reading

Posted in Spirits | Tagged | Comments Off on DSC Backs Bev/Al Service in New York Movie Theaters

Accolade Launches New Wine Brand

Accolade Wines launches a new wine brand to market – Outlot. Outlot is defined as a piece of land situated outside town or city limits. In this case, “Outlot” represents the special area just outside downtown Healdsburg, Calif., known to … Continue reading

Posted in New Products, Wine | Tagged | Comments Off on Accolade Launches New Wine Brand

CVNE Buys Roger Goulart, Spanish Cava Producer

CVNE – Compañia Vinicola del Norte de España, also known as Cune (pronounced Coo-nay), a leading producer of Spanish wines from Rioja, recently purchased the historic Cava D.O. producer, Roger Goulart, adding the Penedes-based estate to its portfolio of three … Continue reading

Posted in Acquisitions, Wine | Tagged , | Comments Off on CVNE Buys Roger Goulart, Spanish Cava Producer

NJ Imposes Largest Ever Trade Practice Penalty

Hunterdon Brewing Co. agreed to pay a $2 million fine, the largest ever imposed by the New Jersey Division of Alcoholic Beverage Control on a single wholesale licensee for trade practice violations. The Division alleged that Hunterdon Brewing Company LLC … Continue reading

Posted in beer, Fines | Tagged , | Comments Off on NJ Imposes Largest Ever Trade Practice Penalty

A-B Major Sponsor of Annual Congressional Baseball Game

In the wake of yesterday’s shooting of House Majority Leader Steve Scalise and three others who were practicing for the annual Congressional Baseball Game at Nationals Park, the team managers and House leaders announced the game would go on Thursday … Continue reading

Posted in beer | Comments Off on A-B Major Sponsor of Annual Congressional Baseball Game