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MGP Idles Operations at 2 Kentucky Facilities

Thirty-three workers at two MGP Ingredients, Inc. have become the latest victims of President Trump's tariffs, which caused U.S. whskey exports to the EU to fall 33% 70% to Canada. MGP became the third U.S. distiller to announce plans to temporarily idle distilling operations, The

Treasury Wine Renews Consultancy Agreements

Treausry Wine Estates said it renewsed consultancy agreements with Leslie and Rich Frank the former owners of Frank Family Vineyards which TWE acquired in 2021. As is typical with acquisitions of privately held companies, TWE entered into consultancy agreements. The consultancy agreements expired in December 2025 and have now been

[BND] The Beverage Reader

Good Morning, and Happy Saturday, April 11, 2026. The Four Types of Rich People Who Buy Wineries without a Business Plan As Napa Valley sits on a sea of unsold wine, one insider says unlike most industries, where businesses behave rationally, Napa Valley is plagued with owners who made their

[BND] Your Breakfast Briefing

Good Morning and Happy Friday, April 10, 2026. Trump's Tariffs Cost U.S. Winemakers $357M in Sales: Wine Institute President Trump's tariffs on Canadian goods have cost U.S. winemakers $357 million in sales in the last year, the Wine Institute said. Sazerac Said to Explore

Trinchero to Sell, Distribute Libby Non-Alc Wines

Trinchero Family Wine & Spirits said it entered a strategic sales and marketing partnership with Libby Beverage Co., to be the exclusive U.S. sales and distribution partner for Libby Non–Alcoholic Wines. The partnership builds on Trinchero's long-standing leadership in the non-alcohol space, including the

CBrands Net Rose 2% as Sales Dropped 10% in FY 2026

Constellation Brands reports it earned $1.687 billion, or $9.61 a share, a 2.17% increase despite a 10% dreop in sales to $9.130 billion in fiscal 2026. In reporting its results, its headlined its beer business continuing to lead the category in dollar share gains, outperforming the

C-Stores Remove Some Wine to Make Room for RTDs

Share of stomach translates directly to share of shelf, and at many convenience stores that means while wine coolers and ready-to-drink cocktails have taken off, some C-stores have reduced or removed wine from their cold boxes. Still, Gallo says its partnership brands, such as Barefuut and the