Wine & Spirits Daily
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Wine & Spirits Daily covers the tough issues, including three-tier lawsuits, control state privatization, hot new brands and categories, wholesaler issues and expansions, volumes, pricing, and the exciting emergence of craft spirits.
Wine & Spirits Daily
3M ago
Dear Client: Diageo is reportedly looking to sell off Ciroc vodka, according to people familiar with the matter, reports Bloomberg. Diageo added Ciroc to the portfolio in 2007, also striking a marketing agreement with Sean "Diddy" Combs for the brand. You'll recall, last year Diageo cut ties with Diddy after Diddy sued Diageo alleging racial ..read more
Wine & Spirits Daily
3M ago
Dear Client: As 2024 comes to a close, 2025 trend predictions have been rolling in, particularly related to cocktail and spirits trends. Before we get into projected 2025 trends, first let's take a look at the "most profitable and noteworthy" cocktails of 2024, according to a recent CGA report. 1. Mojito. In Q3 2024 ..read more
Wine & Spirits Daily
3M ago
Dear Client: Earlier this year, Wine Market Council (WMC) shared qualitative findings from the first part of its deep dive into young and multicultural consumers' wine purchasing behaviors, conducted in partnership with Ethnifacts [see WSD 09-27-2024]. Yesterday, they presented part two of that study in a webinar. The second half of the study took ..read more
Wine & Spirits Daily
3M ago
Dear Client: It's that time of year again, folks, where your editors sift back through M&A activity coverage for the year and tally up the deals. In 2024 (so far), we reported on 78 deals across the industry. That's about on par with M&A activity in 2023. SUPPLIER DEALS. The number of wine deals ..read more
Wine & Spirits Daily
3M ago
Dear Client: On Friday afternoon the Alcohol Tobacco Tax & Trade Bureau (TTB) issued its final rule, officially establishing the American Single Malt Whiskey category. Advocates have been pushing for a formal designation for the segment for years. Indeed, the American Single Malt Whiskey Commission (ASMWC) was established in 2016, with the mission to ..read more
Wine & Spirits Daily
3M ago
Dear Client: The Kentucky Distillers' Association (KDA) released the latest stats on the state's bourbon and wider whiskey industry yesterday, citing inventories reported to the Kentucky Department of Revenue as of January 1, 2024. For the most recent reported year, Kentucky distillers (the majority of which are KDA members) recorded a high watermark of ..read more
Wine & Spirits Daily
3M ago
Dear Client: Today the Federal Trade Commission (FTC) filed suit against Southern Glazer's Wine & Spirits, alleging that the wholesaler's pricing practices discriminate against small, independent retailers. The FTC alleges that SGWS is selling wine and spirits to small, independent retailers at "drastically higher" prices than what they charge large chains, like Total Wine ..read more
Wine & Spirits Daily
3M ago
Dear Client: The proposed $24.6 billion merger between Kroger and Albertsons has been dealt multiple blows. Yesterday, two judges ruled to block the merger, and today Albertsons announced it has terminated the merger agreement and filed suit against Kroger for breach of contract. THE FEDERAL CASE. You'll recall, earlier this year the Federal Trade ..read more
Wine & Spirits Daily
3M ago
Dear Client: So far, the holidays have provided a reliable boost to bev alc growth in scans. Indeed, bev alc sales were up mid-single digits for Halloween week, and now "expected Thanksgiving holiday growth" has arrived, writes Circana's Scott Scanlon in the latest weekly report. Note, due to the Thanksgiving week holiday shift, Circana ..read more
Wine & Spirits Daily
3M ago
Dear Client: Shaw-Ross International Importers was founded 1968 as a boutique wine and spirits importer. Today the team represents more than 30 suppliers worldwide with national distribution in the US. In recent years the company has been working to realign their portfolio to keep up with shifting industry trends. To learn more about current ..read more