Good Morning, and Happy Wednesday, August 16, 2023.
That 2.2% decline in net sales revenue for Treasury Wine Estates came as the Australian wine producer jacked up prices 12.7%. Net profit after tax fell 3.3%. With reported net falling, TWE emphasized EBITS rose 16.6%. But of course interest and taxes are real expenses that
Americans consumption of bev/al remains steady at about 60% of adults. That's according to the latest Gallup Poll in a series dating back to 1938. Majorities of Americans have said they had “occasion to use alcoholic beverages such as liquor, wine or beer” over the more than eight decades
Both RTD cocktails and light lager surpassed hard seltzer over the Fourth of July weekend, marking a reversal in trends from 2019, when hard seltzer first topped light lager as Drizly’s top-selling beer category. Within the beer category, light lager came out on top with 20% share of the
Eggo Brunch in a Jar Sippin' Cream blends the flavors of toasted Eggo waffles, sweet maple syrup and rich butter, with a hint of smoky bacon thanks to the artistry of the experts at Sugarlands. Plus, this brunch-inspired alcoholic liqueur pairs perfectly with Eggo waffles to elevate any brunch occasion.
Swiftly, a retail technology company launched its Alcohol Cashback Program. This new solution redefines the traditional rebate process, delivering consumers a streamlined digital experience including the ability to access rebates within hours via PayPal or Venmo. Boasting seamless integration with a retailers existing app or web solutions, Swiftly's Alcohol Cashback
Fireball Dragnum is champagne-inspired and encased in a sleek glass bottle you could be forgiven for assuming is bubbly. The good news, though, is that it tastes nothing like champagne. In fact, Fireball Dragnum tastes exactly like the classic Fireball fans know and love. That's because it's the same product,
Hard Truth Distilling Co., an award-winning whiskey distillery in Nashville, Brown County, Ind., announced a new Sweet Mash Rye whiskey project in collaboration with Mellencamp Whiskey Co. The new partnership will include a four-part, limited collectors series of Hard Truth's award-winning Sweet Mash Rye Whiskey to be released in the
Mary Dowling Whiskey Co., a joint venture between Kentucky Bourbon Hall of Fame Whiskey Maker Kaveh Zamanian and Pernod Ricard de buted with two distinctive expressions. Tequila Barrel is a Kentucky Straight Bourbon Whiskey finished in tequila barrels to honor Mary's distillery in Juarez. The Tequila Barrel finish exudes a
Uncle Nearest Premium Whiskey released its newest commercial, "My Sugar Baby," which will begin airing August 16 across all 50 states via cable networks, streaming platforms, and every place TV is enjoyed. The spot, set to the music of Frank Wilson, legendary Motown writer and producer, and father of Fawn
MHW Ltd. opened the 'Make Your Mark with MHW' Brand Pitch Competition, which gives international beverage alcohol brands the chance to win $15,000 worth of MHW's U.S. importation and distribution services to enter or expand into the U.S. market and a $2,500 Associate Corporate Membership to
E. & J. Gallo Winery is now the exclusive importer of Wirra Wirra’s luxury portfolio of heritage Shiraz, Grenache and Cabernet Sauvignon wines. Founded in 1894, the sustainable, family-owned Wirra Wirra estate is synonymous with McLaren Vale. Winemaker Emma Wood, formerly of Penfolds, today elevates the region with aromatic, expressive
Heaven Hill Distillery announced the release of the Spring 2023 edition of Old Fitzgerald Bottled-in-Bond Kentucky Straight Bourbon Whiskey at 10 years old. Comprised of barrels produced during the Spring season lasting from January to June of 2013 and bottled in the Spring of 2023, the eleventh national release ushers
Thanks for reading. See you tomorrow. – Joel