At Southern Glazer’s inaugural WineForward symposium held in Denver on Monday, a key topic was the necessity of cultivating younger consumer demographics and ushering them into the wine category. Several of the speakers at the event noted the urgency to connect with consumers on an emotional level ...

News Briefs for January 22, 2025 January 22, 2025 •Luxco’s Rebel Bourbon has extended its partnership with Richard Childress Racing and Nascar driver Kyle Busch, continuing Rebel’s run as the racing team’s official Bourbon. Like last year, the partnership will see Busch drive the No.-8 Chevrolet with a Rebel Bourbon-themed wrap in select races throughout the season.

Oct 8, 2024 · Exclusive: Tequila And Whiskey Categories Lead Impact’s “Hot Prospects” Spirits List October 8, 2024. Each year, Impact salutes the fast-growing smaller brands from the wine and spirits business with its “Hot Prospect” awards.

Dec 27, 2024 · Southern Glazer’s has completed its previously announced acquisition of New England wholesaler Horizon Beverage for an undisclosed sum. The deal was originally announced in July. With the deal, Southern is entering the Massachusetts and Rhode Island markets, extending its footprint … Continue reading →

Jan 3, 2025 · U.S. Surgeon General Calls For Alcohol Labels To Include Cancer Warning January 3, 2025. With the drinks industry already facing an uncertain outlook heading into the new year, U.S. Surgeon General Vivek Murthy has dealt the business another potential blow, with an advisory this morning asserting a causal link between alcohol and heightened cancer risk.

Jan 8, 2025 · •Newberg, Oregon’s Roco Winery, part of Santa Margherita USA, has purchased Marsh Estate, a vineyard and agricultural property in the state’s Yamhill-Carlton AVA. The purchase price was not disclosed. Roco is planning renovations for Marsh, which the company expects to … Continue reading →

Jan 29, 2025 · Moët Hennessy Sales Slip 8% In 2024, Amid “Ongoing Normalization” January 29, 2025. Moët Hennessy saw revenues decline 8% organically to €5.9 billion ($6.2b) in 2024, with profit falling 36% to €1.4 billion ($1.5b), the latter negatively impacted by …

Dec 17, 2024 · Impact Databank: Spirits Market To Rise For 29th Consecutive Year, Despite Slowdown December 17, 2024. Despite nagging inventory issues, inflation concerns, and threats of new tariffs, the U.S. spirits industry is expected to post its 29th consecutive annual increase this year, according to the 2024 edition of The U.S. Spirits Market: Shanken’s Impact Databank Review & Forecast.

Jan 28, 2025 · Prosecco DOC shipments to the U.S. grew 17% to 9.8 million 9-liter cases over the first 10 months of last year, according to the Consorzio Prosecco DOC. The U.S. is the leading import market for Prosecco DOC worldwide, making up 23% of total exports. Globally, Prosecco rose 7% to 660 million bottles ...

Jan 9, 2025 · Upscale Imports Lead The Way For Gin Category January 9, 2025. The gin category been challenged overall lately—with U.S. volume at approximately 8.25 million cases in 2024, according to Impact Databank, down from above 9 million cases in 2021—but it’s shown progress at the higher end, with mixology-driven brands from diverse corners of the globe prompting exploration from adventurous ...