[BND] Your Breakfast Briefing

Good Morning, and Happy Thursday, July 26, 2023

A 4% Drop in Revenue Leads LVMH Wines & Spirits Profit to Fall 9%

LVMH Moët Hennessy Louis Vuitton said first-half revenue for its Wines & Spirits units eased 4%.  On an organic basis, Wines & Spirits revenue was down 3%. Profit from recurring Wines & Spirits operations was down 9%. It was a good half-year for the Champagne business, which recorded an increase in revenue over

Tanford Tries to Dismantle Rhode Island's DtC Retailer Ban

"If at first you don't succeed, try, try again." Attorney James Tanford has been trying to take down state prohibitions on out-of-state retailers shipping to their residents. Tanford's attempts to do just that have been rejected by  the Fourth, Sixth and Eighth Circuits in cases he's brought previously. Wednesday, Tanford,

Milam & Greene's Rattlesnake Sells Out Almost Instantly

Milam & Greene brought their latest release in the Wildlife Collection, Rattlesnake Single Barrel Bourbon to the tasting room and the website at 3 p.m. Wednesday (7/26). Only 126 bottles were available from the "extremely limited, high-proof release," named for the most venomous snake in Texas, the rattlesnake. There

Steeplejack Brews NA Pilsners for Roaming Nobles

Steeplejack Brewing Co. is contract brewing Roaming Nobles' two signature Pilsners at its brewery, with more NA beer styles on the way. Roaming Nobles is Oregon's first non-alcoholic craft brewery. “It has been a wonderful experience collaborating with Roaming Nobles to brew these NA beers,” said Steeplejack Brewing’s Head

Mala Mia Joins Mezcal Category

Mala Mia Mezcal has joined the spirits industry with the launch of its four expressions: Espadín, Ensamble, Cuishe, and Tepeztate; each expression named after the species of agave that is used to produce the mezcal. Mala Mia’s decision to use different agave plants per expression allows for a well-rounded

Bethenny Frankel Invests in Mingle Mocktails

The size and nature of Bethenny Frankel's investment in Mingle Mocktails was not disclosed, but her intention was.   "The spirits industry is a boys club - breaking into it requires a strong voice and innovative ideas," says Frankel. "Skinnygirl was groundbreaking, allowing me to disrupt the space in a unique

Who & What --

Molson Coors Beverage Co. hired Natalie Maciolek chief legal and government affairs officer, effective Sept. 5.  She has been senior vice president, general counsel and corporate secretary at Kohler Co. since 2018. Southern Glazer's Wine & Spirits hires Alan Wizemann as chief digital officer, effective Aug. 15. At Target Corp., he

What We're Reading --

How California Farmworkers Took on a Sonoma Winery Over Abuses -- and Won The California Agricultural Labor Relations Board determined Mauritson Farms retaliated against a crew of former H-2A employees because some of them organized at the end of the 2021 growing season to speak out against allegedly unsafe conditions.

Thank you for spending a bit of your day with us. Have a wonderful, safe and profitable day. Cheers! –  Joel

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