According to Impact Databank, the U.S. wine market is projected to eke out a small value increase this year, despite a 2% decline in volume terms. Wines priced $10 and over are expected to outperform ...

In the second part of our interview, Treasury Wine Estates Americas president Ben Dollard discusses the company’s recent move to split its luxury and premium portfolios into two separate divisions, ...

Nearly all retailers generate a disproportionate amount of their revenue during the winter holiday season. Aiming to make the most out of the season, suppliers are releasing special flavors, products, ...

Champagne shipments to the U.S. totaled $998 million last year on volume of 33.7 million bottles (2.8 million cases), up by nearly one-third since pre-pandemic. Globally, Champagne shipped 325.5 ...

With 123 stores stretching from the Florida Panhandle to Miami, Orlando-based ABC Fine Wine & Spirits is the largest independent liquor store chain in the Sunshine State, and has revenues estimated at ...

The Duckhorn Portfolio has agreed to acquire fellow California winery Sonoma-Cutrer from Brown-Forman for $400 million in a combination of stock and cash, giving Brown-Forman a 21.5% stake in Duckhorn ...

Super-premium spirits brands like Milagro Tequila, Hendrick’s Gin, and Reyka vodka have been leading growth for William Grant & Sons in the U.S. lately, benefiting from the on-premise rebound to drive ...

The Taub family is bringing distribution of its fine wine portfolio in-house in the New York market. Independence Wine & Spirits, the Taub-owned distributor operating in New York and New Jersey, will ...

•Marussia Beverages USA has acquired Columbus, Ohio’s Watershed Distillery for an undisclosed sum. The addition brings Watershed into the fold alongside Marussia’s other brands like Mozart Chocolate ...

From Long Island to Buffalo, New York, wine and spirits retailers are squaring off against legislative bills that they say could shutter many stores if adopted by state lawmakers. Although a bill to ...

In the second part of our interview, president Shawn Schiffer discusses agency brands on the spirits side of the newly renamed Foley Family Wines & Spirits—whose new moniker nods to its growing ...

Diageo has agreed to acquire super-premium Tequila brand Casamigos. The transaction values Casamigos at up to $1 billion, with initial consideration set at $700 million and a further potential $300 ...