Good Morning, and Happy Thursday, August 17, 2023

Get Ready for Next Round of M&A

Now is the time to prepare for the next wave of beverage mergers and acquisitions, whether it's lining up targets, getting finances in order, or identifying the biggest long-term trends that you need to lay the groundwork for now, Jim Watson, RaboResearch senior beverage analyst, says in a new report.

Tasting Fees Competitive Strength for Wineries

"If your tasting room $108 and $120, you're competing with Disneyland," warned Jessica Kogan, partner, Connect the Data Collective during Tuesday's Silicon Valley Bank.  Wineries "need to think more about how they can use tasting fees to bring in customers," she said, perhaps by discounting the fee at

Beam Suntory Net Sales Up 10%

Beam Suntory attributed a 10% gain in net sales in 2023's first half to "strong growth across premium and ready-to-drink brands. “Our premiumization strategy and competitive advantage in Ready-to-Drink continue to deliver quality results for our business as we accelerate our work to transform our company and position ourselves as

Pheasant Court Winery Sues Iowa on Shipping Laws

Pheasant  Court Winery, Philomath, Ore., sued the State of Iowa, saying a law that allows in-state wineries to sell directly to restaurants and liquor stores but requires out-of-state wineries to use a distributor is unconstitutional. "The prohibition against self-distribution by out-of-state wine producers discriminates against out-of-state entities, protects the economic

Lo Siento Available Across Southern Calif.

Lo Siento, an ultra-premium tequila at an attainable under $45 price point, is pleased to announce its presence across all Total Wine locations in Southern California. The current portfolio, which includes Blanco ($37.99) and Reposado ($42.99) varietals, is now available at all Total Wines across the Southern California

Brugal 1888 Rum Expands to Texas

Brugal 1888 , a Dominican Republic rum, is entering Texas. To introduce the rum to Texans, "Wonder Await at La Casa Brugal" will be presented in San Antonio,  Houston, and Austin. For more than 135 years, each generation of Brugal family Maestros have played an essential role in carrying out the

Angry Orchard Hard Cider Releases New Fireside Mix Pack

Some 57% of Americans agree they are over the pumpkin flavor craze, with 68% saying they prefer apple over pumpkin flavors during the fall. Angry Orchard is launching a new, exclusively-apple variety pack this fall: the Fireside Mix Pack. Featuring four deliciously refreshing apple flavors, including the OG Crisp Apple

Maker's Mark Intros Cellar Aged Bourbon

Maker's Mark debuted Maker's Mark Cellar Aged Bourbon, launching an annual, global, limited-release expression that proves whisky aging is about more than just a number. Featuring a marriage of 11- and 12-year-old bourbon, Maker's Mark Cellar Aged delivers the distillery's highly anticipated oldest release. Maker's Mark Cellar Aged stays true

Thanks for Reading.  See you tomorrow. –  Joel