[BND] Your Breakfast Briefing --

Good morning, and Happy Wednesday. It's November 8, 2023.

Devlin Out as CEO at Naked Wines Following Disappointing Sales

Nick Devlin is out as CEO at London-based Naked Wines after the firm cut its forecast for full-year sales for 2024 to -12% to -16%. Previously revenue projections had been downgraded to between -8% to -12%. Even more alarming, sales to new customers in the fiscal first quarter

Smuttynose Brewing Acquires Five Boroughs

Brooklyn-based craft brewery Five Boroughs Brewing Co. has been acquired by Smuttynose Brewing Co., New Hampshire's original craft brewery. Terms weren 't disclosed. The acquisition, announced on November 7, 2023, provides Finestkind Brewing LLC, the owner of Smuttynose, with access to resources in the New York market and an expanded

Inspiro Tequila Opens Several New U.S. Markets

Inspiro Tequila is now expanding distribution into the key markets of Missouri (with Breakthru Beverage), Georgia (with United Distributors), Massachusetts (with M.S. Walker) and Michigan (with Benchmark Beverage Co. as its sales agent). Additional markets are planned for the first quarter

Tres Generaciones Intros 50th Anniversary Limited Edition, Prestige Tequila

Tres Generaciones unveiled its 50th Anniversary Añejo, the third bottle in the brand's Legacy Edition Series of tequilas. The new liquid is a unique expression celebrating three generations of distilling at La Perseverancia distillery and paying homage to Don Francisco Javier Sauza's original recipe, which he crafted 50 years ago

Angry Orchard Intros New Year-Round 8% ABV Crisp Imperial Cider

Crisp Imperial is the brand's boldest new flavor this month. It's available nationwide in six-pack cans and will be a permanent addition to the year-round Angry Orchard portfolio. Angry Orchard also introduced a new variety pack, the Knotty Bunch, that features three brand new flavors, Crisp Light (4.3% ABV,

Joseph Carr, Jean Hoefliger Release Portfolio of Terroir-Driven Wines

Joseph Carr, celebrated vintner and founder of Josh Cellars Wines, and highly-acclaimed winemaker Jean Hoefliger, introduced Force & Grace, a portfolio of wines marking "a new era in the world of terroir-driven California winemaking." Showcasing the balance between power and elegance, Hoefliger's approach to winemaking is customized for every vintage and

Stone Brewing Percs a Specialty Coffee Line

Stone Brewing launches its full line of specialty coffees, now available online and rolling out to stores nationwide in early 2024. Stone Brewing Coffee will adopt the branding and flavor characteristics of three of the brewery's popular brands: Arrogant Bastard Ale, Stone Buenaveza Salt & Lime Lager, Stone Xocoverza,

Heaven's Door Unveils Bootleg Series Volume V

Heaven's Door Spirits released Bootleg Series Volume V release: an 18-year-old straight bourbon whiskey finished in Spanish vermouth rouge casks, exemplifying the brand's dedication to offering unique and innovative expressions. "Vermouth has long been a part of whiskey cocktail culture, and we wanted to capture that essence in this mature

Ardagh Renews Supply Pact with Oliver Winery

Ardagh Glass Packaging-North America (AGP-North America), an operating business of Ardagh Group, announced its renewed supply agreement with Oliver Winery to make the majority of its wine bottles. The renewed supply agreement connects Oliver Winery, the oldest and largest winery in Indiana and 28th largest winery in the U.S.

Espanita Artisanal Tequila Launches E-commerce Solution with AccelPay

Espanita Artisanal Tequila, a critically acclaimed super premium tequila brand, is now available online at www.espanita-tequila.com through a partnership with one of the alcohol e-commerce leaders, AccelPay, a company that empowers breweries, wineries, and distilleries of all sizes to deliver an unbeatable direct-to-consumer (DTC) experience. "AccelPay handles compliant

Four Branches Bourbon Gives Back to Veteran Families With eCommerce Partner Speakeasy Co.

Four Branches Bourbon is donating $13 to Folds of Honor for every Four Branches Bourbon Folds of Honor Limited Edition Commemorative Gift Set sold. Folds of Honor is an organization dedicated to providing scholarships to spouses and children of America's fallen or disabled military and first

Thanks for reading. Have a wonderful day. – 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.