Monthly Archives: November 2021

A-B Buys Hoop Tea

Anheuser-Busch acquired Hoop Tea, an Ocean City, Md., based beverage company known for its iced tea infused malt beverages and tea-infused seltzers, inspired by the founder’s love for beach culture. Hoop Tea will join Anheuser-Busch’s rapidly growing Beyond Beer portfolio … Continue reading

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Gifting 10% of Sales on Drizly

And Drizly says that’s likely to double, based on previous years’ experience, as the holiday season takes off.  Drizly sees Champagne, premium red wine, and high-end spirits as top sellers this year. In the past 12 months, Champagne and sparkling … Continue reading

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Demand for Wine Reflects Uncertainty as World Emerges from Covid: Ciatti

In its latest market report, Ciatti notes that wine production in all Northern Hemisphere countries are lighter than average.  Italy and Spain are down 9%, OIV estimates, which is pocket change compared to France’s 27% drop since 2020.  California’s production, … Continue reading

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Splash Beverage Revenue Soars, But Net Loss Soars Even More

Splash Beverage Group reports net third quarter sales of $2.8 million, up from $692,974 a year earlier.  The company reported a net loss of $12.2 million, dramatically larger than its $2.1 million loss a year earlier. Splash makes and sell … Continue reading

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A-B Brings Back Its Original Flagship Brand

St. Louis Lager was the flagship brand for Anheuser-Busch when it was first founded in St. Louis more than 160 years ago. This darker, lager style beer which began as a regional beer was ultimately distributed all over the world – … Continue reading

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The Importance of Premium Drinkers to Wine

How has Covid changed the relationship that premium wine drinkers have with wine? U.S. premium drinkers have broadly maintained their consumption levels since 2019, despite the restrictions and behavior changes resulting from Covid, says Wine Intelligence.. In fact, average spend … Continue reading

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