[BND] Your Breakfast Briefing
Good Morning and Happy Tuesday! It's September 3, 2023.
Tilray Acquires 8 Brands from A-B
Tilray Brands said it completed its acquisition of eight craft brands from Anheuser-Busch announced earlier this summer. Terms weren't disclosed. Tilray is a cannabis firm. The transaction includes Shock Top, Breckenridge Brewery, Blue Point Brewing Company, 10 Barrel Brewing Company, Redhook Brewery, Widmer Brothers Brewing, Square Mile Cider Company, and
Full Glass Wine Acquires Wine Insiders
Full Glass Wine Co. said it acquired Wine Insiders from DRINKS, a pioneering and leading operating system for alcohol e-commerce. Terms weren't disclosed. Acquisition of Wine Insiders marks the second DTC wine brand purchased by Full Glass Wine Co., founded earlier this year by alcohol industry veteran Louis Amoroso and
NBWA Beer Purchasers' Index Flat in September
The way things have been for beer lately, this qualifies as good news: The September data for the National Beer Wholesalers Association's Beer Purchasers Index did not change significantly from August, as the BPI stayed in place below the (50) benchmark at 45 while the At-Risk Inventory (ARI) measure ticked
Bacardi Rum to Launch 1st AI-Powered Album Produced by BOI-IDA
Bacardi and Grammy Award-winning producer Boi-1da are once again partnering to launch this year's evolution of the longstanding 'Music Liberates Music' program: The A.I. Powered Album. Dropping this November, The A.I. Powered Album will champion works by five global up-and-coming artists in a one-of-a-kind project exploring how A.
Old Forester, King Ranch Release 2nd Annual Batch of Old Forester King Ranch
Old Forester, the first bottled bourbon, and King Ranch, the birthplace of American Ranching, released the second annual batch of their limited-edition whiskey – Old Forester King Ranch. The bourbon pays homage to the hard work, ingenuity and lasting legacy of two iconic brands with 300 years of combined American history
LVMH's Arnualt Being Probed in Oligarch Deal
The Paris public prosecutor's office confirmed Friday (10/1) that it is investigation accusations that Russian businessman Nikolai Sarkisov bought real estate at a luxury Alpine resort with help from Bernault Arnault, who provided a loan through one of his companies. A lawyer for Arnault denied the accusation, saying everything
Keepers of the Quaich USA Gala to Feature Outlander Sam Heu
Keepers of the Quaich USA Chapter (KOTQUSA.org), the American arm of the Blair Castle-headquartered Scotch whisky society, announced that Outlander star, philanthropist and founder of The Sassenach Scotch whisky, Sam Heughan, will be the keynote speaker for the Gala at a private members club in Manhattan on Oct. 4.
B-F to Buy Back $400M of Stock
Brown-Forman Corp. said directors approved a $400 million share repurchase plan through Oct. 1, 2023. The plan permits the company to buy back Class A and Class B common shares for cash in open market purchases, block transactions, Rule10(b)5-1, and privately negotiated transactions. Lawson
Greenspoon Marder expands the firm's Hospitality, Alcohol and Leisure Industry Group with the addition of partner Jaci P. Flug in the New York office.
Why a baseball team brought a master sommelier on board Evan Goldstein holds a unique role with the San Francisco Giants: He's the very first master sommelier in professional sports, working to make sure the wines for sale at the team's Oracle Park stadium pair perfectly with the hot dogs
Thanks for reading. I'll see you tomorrow. – Joel