While total sparkling wine volume is projected to slip again in the U.S. this year, according to Impact Databank, key brands from the $15 and above segment are showing gains in the off-premise as we ...

With the holiday season in full swing, beverage alcohol retailers are finding creative ways to add customer value and finish the year strong. “We still see Bourbon and whisk(e)y being big for the ...

Los Angeles-based private equity group Butterfly has completed its acquisition of California luxury wine player Duckhorn for $11.10 per share, in an all-cash transaction valued at approximately $1.95 ...

Florida-based restaurant giant Darden posted sales up 6% to $2.9 billion in its second quarter ended November 24, boosted by blended same-restaurant sales up 2.4% as well as the addition of 103 Chuy’s ...

As the hemp THC beverage segment continues to expand, regulators across several states are eyeing new restrictions on the category. Illinois, Tennessee, Missouri, and Louisiana are among the states ...

Lifetime adult-use cannabis sales have hit nearly $10 billion in Michigan and surpassed $7 billion in Massachusetts, with the states’ markets coming online in 2019 and 2018, respectively. These ...

Cline Family Cellars has long been known for Zinfandel, which remains the anchor of its business four decades after its founding, but the Sonoma County-based winery, founded by Fred and Nancy Cline, ...

Sonoma County-based wine and spirits marketer Purple Brands, with annual volume of 400,000 cases, has acquired Dave Phinney’s Savage & Cooke distillery on California’s Mare Island, SND has learned.

Perhaps a daily glass of wine has been unfairly targeted. The panel of health experts tasked with studying alcohol consumption for the U.S. Dietary Guidelines has found with “moderate certainty” that ...

Cigar Aficionado counted down its Top Cigars of 2024 all last week. After naming the Cigar of the Year last Thursday, the magazine unveiled its full Top 25 list for 2024 on Friday.

After parting ways with disgraced former partner Sean Combs at the beginning of this year, Diageo is reportedly mulling the sale of the Cîroc vodka brand. Bloomberg reported that the drinks behemoth ...