It’s the fourth month of the year where the 20 highest single bottle hammer prices exceeded $1 million, joining April, June, and July. The year’s highest hammer price to date was set … Continue readin ...

Rémy Cointreau says challenges in the U.S. Cognac market are proving longer-lasting than expected, with the company downgrading guidance today to call for “no recovery before Q4 24-25 at the earliest.

New York adult-use cannabis sales are forecasted to reach $895.1 million for 2024, according to a new report on the state’s cannabis market from Whitney Economics. The report, which addresses the New ...

The year 2020 had marked the first decline for Irish whiskey consumption in the U.S. in nearly a quarter-century, as the category was hit especially hard by on-premise shutdowns associated with the ...

October was a monster month for whisky auctions: It’s the fourth month of the year where the 20 highest single bottle hammer prices exceeded $1 million, joining April, June, and July. Continue reading ...

M. Shanken Communications, Inc., New York, will host the 46th Annual Impact Marketing Seminar on Wednesday, September 28 at The Pierre in New York City. The Seminar brings together CEOs, presidents ...

It’s been a long time coming, but E.&J. Gallo has closed its acquisition of more than 30 wine brands and five wineries from Constellation Brands. The final price was approximately $810 million, ...

•Delicato Family Wines is looking to boost its offering at the fast-rising above-$20 tier. Continue reading → ...

AB InBev saw U.S. revenue decline 0.6% in the second quarter, with revenue per hectoliter improving by 2.2%, benefiting from premiumization. Sales to wholesalers and retailers fell 2.7% and 4.1% ...

Constellation’s top shareholders the Sands family has proposed that the company transition to a single class common stock structure. According to information disclosed by the Sands family, the ...

Legal cannabis sales in New York State totaled just $16.5 million through May, according to the Coalition For Access To Regulated & Safe Cannabis, a group backed by medical cannabis operators. The ...

One of the foremost executives in the American wine business is retiring after a 37-year career. Roger Nabedian, long the head of E.&J. Gallo’s premium wine division, will be retiring effective in ...