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Category Archives: News
ABI U.S. Volume Falls 2.3%, But Sales Rise 1.8%; Globally, Best Quarter in 5 Years
Anheuser-Busch InBev reports U.S. sales grew 1.8% even though volume declined 1.8%. U.S. market share continued to erode, falling 55 basis points in the second quarter alone. U.S. results would have been worse if the brewer’s above-core portfolio hadn’t performed so … Continue reading
Posted in beer, Earnings Report, News
Tagged Anheuser-Busch InBev, Budweiser, Michelob, Stella Artois
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Becle Volume Up 6.4%, Sales Up 3.8% in Quarter
Becke S.A.B. reports sales rose 6.4% on an underlying basis to 5.6 million cases and net sales were up 3.8% in the second quarter. Net profit in the second quarter fell 40.9%. Net sales in Mexico increased 11.6% on an … Continue reading
Posted in News, Spirits
Tagged Becle, Jose Cuervo
Comments Off on Becle Volume Up 6.4%, Sales Up 3.8% in Quarter
3 Badge Beverage Extends Pasote Tequila with New Extra Añejo
3 Badge Beverage Corp. just introduced Pasote Extra Añejo, a new, high-end tequila. Pasote is sold in select U.S. markets by the company’s spirits division, 3 Badge Mixology, which has now released four Pasote artisan tequilas made from estate-grown blue agave … Continue reading
Posted in Distilled Spirits, New Products, News, Spirits
Tagged 3 Badge Beverage
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CBrands Takes Minority Stake in Woman-Owned Montanya Distillers
The investment was made through Constellation Brands Ventures’ Focus on Female Founders program which makes meaningful investments in female-founded and female-led businesses doing disruptive and innovative work across beverage alcohol. Terms weren’t disclosed. Karen Hoskin is Founder, President and CEO … Continue reading
Posted in Acquisitions, News, Spirits
Tagged Constellation Brands, Karen Hoskin, Montanya Distillers
Comments Off on CBrands Takes Minority Stake in Woman-Owned Montanya Distillers
DISCUS Awarded Market Promotion Funds to Ease Tariff Impact
Distilled Spirits Council of the United States (DISCUS) said it was awarded an additional $400,000 through USDA’s Agricultural Trade Program (ATP), and will use the money to conduct export promotion initiatives, such as market research, media campaigns and in-market promotions … Continue reading
Posted in Exports, News, Spirits
Tagged Chris Swonger, Distilled Spirits Council of the U.S., exports, Market Access Program, Trade Assistance Program
Comments Off on DISCUS Awarded Market Promotion Funds to Ease Tariff Impact
Hood River Debuts Easy Rider Kentucky Straight Bourbon
Easy Rider has roots in Oregon and was acquired by Hood River Distillers in 2018 to broaden its premium spirits portfolio. Before reintroducing the brand to consumers, Hood River opted to change the liquid to a four-year old Kentucky Straight … Continue reading
Posted in News, Spirits
Tagged Easy Rider, Hood River Distillers
Comments Off on Hood River Debuts Easy Rider Kentucky Straight Bourbon