[BND] Here's News --

Good Morning, and Happy Thursday.  It's August 31, 2023.

Brown-Forman 1Q Sales Up 3%, Net Slides 7%

Brown-Forman Corp. reports  fiscal first quarter net sales increasing 3% to $1 billion (+2% on an organic basis). In the quarter, reported operating income decreased 4% to $327 million (-6% on an organic basis) and ne income fell 7% to $231 million as did diluted earning

Captain Morgan Launches Alcohol-Free Captain Morgan Spiced Gold 0.0%

Captain Morgan Spiced Gold 0.0% is the first dark spirit to join Diageo's alcohol-free portfolio.  It follows the successful launch of Guinness 0.0%, Tanqueray 0.0% and Gordons 0.0% over the past few years,  and is launching in the United Kingdom. It will roll out across Europe

Spirit of Gallo Brings VMC Tequila-Based Canned Cocktails to U.S.

Spirit of Gallo will begin distribution of VMC in select markets in September. VMC is a ready-to-drink tequila-based canned cocktail born from a partnership between world champion boxer Saúl "Canelo" Álvarez, Spirit of Gallo and Casa Lumbre. VMC is a celebration of Mexican heritage, tradition and flavors, founded by one

Atomic Brands to Distribute Ollitas Tequila in U.S.

Atomic Brands will distribute Ollitas Tequila by Destilería Orendain within the U.S. Ollitas is a triple distilled 100% agave tequila with no additives that represents the first-class quality and tradition of Orendain products. Following an artisanal process preserved over three generations, Ollitas Tequila honors Orendain's heritage and preserves the

Milestone Brands Sponsoring Sacramento Kings

The Sacramento Kings and Milestone Brands announced a three-year partnership naming Empress 1908 Gin as the gin partner and Dulce Vida Tequila as the tequila partner of the team and Golden 1 Center starting this season and continuing through the 2025-26 NBA Season. "We are excited to partner with Milestone

Cork Supply, Crealis Expand Partnership to Distribute Maverick Screwcaps to the American Market

Cork Supply has been distributing Crealis's Rivercap tin capsules to the American market since 2001.  Now that partnership has been expanded, with Cork Supply also distributing Crealis's Maverick Screwcaps in the U.S. Maverick screwcaps are said to represent the next generation of caps, surpassing traditional screwcaps in numerous aspects.

Who & What --

Crowe PR is now representing Rabbit Hole Distillery. Founded by Kentucky Bourbon Hall of Fame Member, Kaveh Zamanian, Rabbit Hole offers a new vision of what authentic whiskey can be by unifying heritage techniques with innovative, exclusive mash bills. offers four signature bottlings, in addition to its limited-edition, cask-strength Founder’

What We're Reading --

France’s Destruction of Surplus Wine Hints at an Existential Wine Crisis This followed a move in June to spend 57 million euros to tear out 9,500 hectares of vines in the Bordeaux region. But France isn’t the only wine region facing a crisis. Last week, Wine-Searcher

Thanks for Reading.  I'll be back tomorrow. – Joel

Subscribe to Kane's Beverage News Daily

Don’t miss out on the latest issues. Sign up now to get access to the library of members-only issues.