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Category Archives: Ready-to-Drink
RtD Cocktails Poised for Strong Growth: Drizly
After a banner year in 2020, RTD sales held strong in 2021 with triple-digit growth, Drizly notes. According to NielsenIQ, year-over-year off-premise dollar sales increased 156% for spirits-based hard seltzers for the 52-week period ending Oct. 2, 2021, and sales … Continue reading
Posted in Ready-to-Drink, Research
Tagged drizly
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RtD Off-Premise Sales Up 18% in Year, NielsenIQ Says
While malt-based hard seltzers dominate the ready-to-drink category, representing 48.9% of all RTD dollar sales, followed by FMBs. (34.9%), spirits RTDs (7%) is where the growth is, NielsenIQ says. Dollar sales of Spirits RTDs are up 15.5% from a year … Continue reading
Posted in Ready-to-Drink
Tagged NielsenIQ
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Diageo acquires Far West Spirits LLC, Owner of Lone River Ranch Water Hard Seltzer
Diageo said it acquired Far West Spirits LLC, owner of the Lone River Ranch Water (‘Lone River’) brand. Lone River is a hard seltzer that takes inspiration from the popular classic Texan “Ranch Water” cocktail. Terms weren’t disclosed. It’s a … Continue reading
Posted in Acquisitions, Ready-to-Drink
Tagged Diageo, Lone River
Comments Off on Diageo acquires Far West Spirits LLC, Owner of Lone River Ranch Water Hard Seltzer