TTB Hands Down 6 More Permit Suspensions in CA
FILED FEBRUARY 15, 2019 The federal government shutdown earlier this year did not hamper the Alcohol and Tobacco Tax and Trade Bureau's crackdown on unlawful trade practices. Read More
TWE Chief: US Acquisition is "Definitely in the Cards"
FILED FEBRUARY 14, 2019 Treasury Wine Estates reported a net sales revenue increase of 12.5% in the Americas for the first half of fiscal 2019. The company's US performance was affected by the recent overhaul of its route to market strategy and investments in creating their own merchandising and sales teams in the region. Read More
What's on the Craft Spirits Industry's Mind
FILED FEBRUARY 13, 2019 A horde of craft distillers descended on Minneapolis this week for the American Craft Spirits Convention, aptly called Craft on Ice. Your editor was on the ground at the event to bring you the highlights and common themes from the convention. Read More
Spirits Sales Hit $27.5 Billion in 2018
FILED FEBRUARY 12, 2019 The spirits category increased its market share for the ninth consecutive year in 2018, accounting for 37.3% in revenue market share and 35.3% in volume, according to the Distilled Spirits Council's annual economic briefing this morning. Read More
New DSC Chief Details Top Priorities for 2019
FILED FEBRUARY 11, 2019 Distilled Spirits Council ceo Chris Swonger officially took the helm on November 12 [see WSD 10-17-2018]. Your editor sat down with the new DSC ceo in Austin, TX last week to discuss his new role and top priorities for the year. Read More
KY Distilling Industry to See $2.3B Building Boom by 2022
FILED FEBRUARY 8, 2019 In Kentucky, $2.3 billion in capital projects--including new distilleries, warehouses and tourism centers--are expected to be completed or planned by 2022, according to an economic impact report released this week. Read More
Price Increases Boost Pernod's H1 Results
FILED FEBRUARY 7, 2019 Pernod Ricard reported 4% sales growth in the US for the first half of its fiscal year, which is in line with overall market growth, thanks in part to price increases on key brands. Read More
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