Monthly Archives: April 2021

Yellow Tail, Casillero del Diablo Remain World’s Most Powerful Wine Brands Amid Global Erosion of Brand Equity

You can count wine brand equity as a victim of Covid.  The erosion is a result of the disruption to shopping and consumption patterns experienced during the Covid era, and Wine Intelligence, which surveyed 25,000 consumers in 25 markets, warns … Continue reading

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Control States Spirits Case Sales Grew 2.9% in March

During March nine-liter control states spirits case sales grew 2.9% over same period sales last year despite a “monster” 17% comp, National Alcoholic Beverage Control Association reports. Michigan (25.5%), Montana (16.8%), and Pennsylvania (11.2%) reported monthly growth rates for March … Continue reading

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J. Neal Insley to Head NABCA; Sgueo Retires

J. Neal Insley was named president/CEO, National Alcoholic Beverage Control Association. He succeds Jim Sgueo, is retiring after 53 years with NABCA and who has served as its CEO for 28 years. “Neal’s experience in enforcement, his legal background, his … Continue reading

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Economy Watch: The Cities Most Recovered from Covid

The economy gained 916,000 jobs in March, and the national unemployment rate is now 6%, which is 59% below the peak of 14.7% during the height of the COVID-19 pandemic. To provide more context at the city level, WalletHub today … Continue reading

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Marie Brizard Claims Turnaround in Earnings

And there was — if you use EBITDA.  Marie Brizard Wine & Spirits reports EBITDA of $12.85 millionfor fiscal 2020, reversing the 2019 EBITDA loss of  $4.24 million.  But when you apply conventional accounting rules, the French producer significantly narrowed … Continue reading

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600 Attendees Joined NBWA’s Virtual Legis Conference; Convention to Be in Person

Distributors will attend almost 350 meetings with members of Congress and Hill staff during the rest of this week. “After cancelling last year’s conference, we knew that the advocacy show had to go on, even virtually,” said NBWA President/CEO Craig … Continue reading

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