Kane's Beverage News Daily

Sign in Subscribe

Latest

Crimson Wine Sales Fell 11% in Year

Crimson Wine Group reports net sales fell 10.8% to $65.08 million in 2025 while net profit fell to $613,000, or 3 cents a share. from $851,000, or 4 cents a share.

Spirits DtC Backed in Iowa

The American Distilling Institute (ADI) and the Distilled Spirits Council of the United States (DISCUS) launched “Ship My Spirits,” a campaign supporting legislation that would allow Iowa distillers to ship spirits directly to adult consumers. The campaign backs HF 2354 and SF 245, bipartisan bills moving through the Iowa Legislature

Adonna Wines Spring Release Available

Today's (3/20) the first day of spring, and Adonna Wines officially opens its spring allotment to the California market. Founded by Donna Kato, a Japanese American biochemist who left the world of science to tend the land and make wine of uncommon elegance, Adonna Wines is an

SGWS to Acquire New York's Clare Rose

The relentless consolidation in the bev/al industry continues. The latest: Southern Glazer's Wine & Spirits announced it plans to buy Clare Rose, the Anheuser-Busch distributor on Long Island as well as three of the main craft breweries. Terms weren't disclosed. It is one of

Why Fawn Weaver Believes She Can Save Uncle Nearest

At the heart of the present battle over Uncle Nearest is the question of whether the company's financial condition has deteriorated to the point that the only viable action is to sell its assets to some other party. That's the view of the receiver, Philip G.

Receiver Likely to File Bankruptcy in Uncle Nearest Case

Just because the receiver in the Uncle Nearest receivership case asked a federal bankruptcy judge to dismiss Fawn Weaver's attempt to put the company into Bankruptcy Act protection doesn't mean the company is in the clear. Indeed, Phillip G. Young, the court-appointed receiver, told the