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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
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
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
Posted in Wine
Tagged ciatti, OIV, wine production
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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
Posted in Finance
Tagged Splash Beverage
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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
Posted in New Products
Tagged Anheuser-Busch, St. Louis Lager
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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
Posted in Research
Tagged Wine Intelligence
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