Industry News

40% Of Booze Buyers Make Decisions In-Store & Other Data

40% Of Booze Buyers Make Decisions In-Store & Other Data

“IRI®, the global leader in innovative solutions and services for consumer, retail, media and over-the-counter health care companies, announced today results from its study analyzing the habits of U.S. consumers regarding alcoholic beverages. Although drinks of choice differed among generations, consumers from millennials to seniors continue to indulge in beer, wine and spirits products with […]

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• Remy Cointreau banks on premium spirits to boost profit

Remy Cointreau banks on premium spirits to boost profit

Maker of Remy Martin cognac and Cointreau liqueur also hands investors 20% dividend increase. Remy Cointreau has posted higher-than-expected annual profit, despite a difficult year in China, saying it will accelerate a drive to sell higher-priced spirits to boost profit margins, sending its shares up to 8 per cent higher. The maker of Remy Martin […]

• Constellation Brands invests $2bn in Mexico

Constellation Brands invests $2bn in Mexico

Constellation Brands has reaffirmed its confidence in the Mexican beer market, announcing plans to invest $2 billion in expanding its brewery and bottle plant in the country. The money will be used at its facility in Nava, Coahuila, increasing its production capacity from 10 million hectoliters to 25 million hectoliters by the end of 2017. At […]

• Kentucky whiskey, spirits maker buys southern Indiana mill

Kentucky whiskey, spirits maker buys southern Indiana mill

A Kentucky company that’s a top maker of whiskey and other spirits is buying a southern Indiana lumber mill that will turn out wooden segments for its bourbon barrels. Louisville, Kentucky-based Brown-Forman Corp. will spend $12 million to buy and expand that Owen County mill. The Indianapolis Star reports the 15,000-square-foot mill in Spencer about […]

• Scotland Retains Top Spot in Drink Brands

Scotland Retains Top Spot in Drink Brands

THE United States is closing in on Scotland’s number one position for producing the world’s most powerful drinks brands according to a report. For the tenth year running, spirits brands including Johnnie Walker helped Scotland maintain its top position in the Power 100 league table compiled by brand valuation consultancy Intangible Business. But the report […]

• Diageo shares rocket on Brazilian billionaire buyout rumours

Diageo shares rocket on Brazilian billionaire buyout rumours

The Diageo stock price rocketed early on Monday on rumours that Brazilian billionaire Jorge Paulo Lemann is looking to buyout the world’s largest producer of spirits. Shares in the London-listed company jumped by over 8% within the first 10 minutes of trading.

• L.A.’s own Greenbar Craft Distillery featured on Eye on LA

L.A.’s own Greenbar Craft Distillery featured on Eye on LA

By D.R. Stewart BoozeNews covered this iconic organic spirit makers back in 2010! Eye-on-LA’s recent piece on Greenbar shows co-owner Litty Mathew letting us know that they are “LA’s first distillery since prohibition — until 2014 distilleries were not allowed to be open in the State of California to paid visitors.” Yes, Greenbar now has a tasting […]

• Rich men drink more than anyone else…

Rich men drink more than anyone else…

Don Draper might be finishing his last cocktail this spring on “Mad Men,” but there’s still plenty of men in high-end suits ordering drinks. People with more education and higher socioeconomic status — generally white men — tend to drink more than others, according to a new study by the Organization of Economic Co-operation and […]

• Report: Spirits market trends analysis & forecast to 2020

Report: Spirits market trends analysis & forecast to 2020

Consumer Market Research Reports Announcements Spirit, also known as distilled beverage, is an alcoholic beverage manufactured by distillation (process of separating component substances from a liquid mixture by using process of vaporization and condensation) of a mixture produced from alcoholic fermentation. Distillation process is used to purify the mixture and to remove diluting components like […]

• How United Spirits gave Diageo a long, heavy hangover

How United Spirits gave Diageo a long, heavy hangover

Mixing Johnnie Walker scotch with Bagpiper whisky was bound to be fraught with the risk of a hangover. Ever since it struck a $2 billion deal (which became costlier later) to buy a majority stake in United Spirits Ltd in November 2012, Diageo Plc. has been hit by a series of roadblocks and embarrassments in […]

• An Investor’s Insight into the Alcoholic Beverage Industry

An Investor’s Insight into the Alcoholic Beverage Industry

Overview The beverage industry can be classified into nonalcoholic and alcoholic beverage categories. According to Beverage Marketing Corporation, the carbonated soft drink is the key nonalcoholic beverage category with a market share of 33.1% of the total US beverage market volume. Alcoholic beverages, primarily beer, also form a dominant part of the US beverage market. […]

• The 5 Hottest Alcohol Trends of 2015

The 5 Hottest Alcohol Trends of 2015

Last year saw a plethora of acquisitions, led by Suntory’s acquisition of Beam, which was only exceeded in the surprise stakes by Emperador’s acquisition of Whyte & Mackay. Less surprising was Diageo’s strengthening of its position in tequila with a series of acquisitions, including giving up its Bushmills Irish whiskey brand and gaining a majority […]

• This Is A Shock. French Vodka Exports Overtake Cognac

This Is A Shock. French Vodka Exports Overtake Cognac

Vodka has overtaken Cognac as the most exported French spirit by volume, as the sector continues to struggle against China’s on-going campaign of austerity. According to recent figures released by the Federation of Wine and Spirits Exporters (FEVS), exports of French spirits dropped once again in 2014 as brands battled a “difficult” economic environment and “intensified” […]

• Report Shows Record-Breaking Year for Direct Wine Shipping

Report Shows Record-Breaking Year for Direct Wine Shipping

American wineries increased the dollar value of their direct-to-consumer wine shipments by an unprecedented 15.5% in 2014, with an equally record-breaking increase in the volume of those shipments. The average price per bottle of shipped wine also recovered with a 1.6% increase over 2014, according to the new ShipCompliant/Wines & Vines Wine Shipping Report released […]

• Trying to Create an American Model of Wine Futures

Trying to Create an American Model of Wine Futures

A couple trained in finance wanted access to rare Napa wines; they developed a new sales model. In 2005, Serge Marquié and Sally Wilkinson had a problem. After their twin sons were born, they wanted to secure some great wines from the boys’ birth year. But while they were able to get their hands on […]