Once the undisputed kings of beer, AB InBev and MillerCoors are struggling to curtail a multi-year slump in sales of their top brands and re-energize brews that have failed to keep pace with changing consumer tastes and trends.
Wealthy middle-aged women — the biggest wine-drinking demographic in the US — say their cannabis use would increase if the federal gov US consumers could turn away from wine in favour of legalised marijuana, according to beverages analyst Bourcard Nesin at food and agribusiness financial services provider Rabobank.
GENEVA — U.S. Senate Minority Leader Charles E. Schumer, D-New York, is urging the Department of Agriculture’s Agriculture Research Service to provide a robust investment in new equipment for the Grape Genetics Research Unit in Geneva.
Do you remember what the trendy beverage was before bourbon took off? Whipped cream-flavored vodka. It was huge — and liquor companies wanted a part of it, according to Allan Latts, chief operating officer of Bardstown-based distiller Heaven Hill Brands.
Spirits could once again be in the firing line of a diplomatic row as Russia considers trade sanctions against the US and its allies.
A ban on alcohol advertising could cost SA’s broadcast media industry R2.38bn a year, beverages group Heineken said.
Davis-based private equity firm AGR Partners was the lead investor in a $75 million equity financing round by Santa Rosa-based Vintage Wine Estates, the marketer and distributor of wine brands including B. R. Cohn Winery, Clos Pegase Winery and Sonoma Coast Vineyards.
Joint ventures between Western and Chinese companies are in the news over accusations – including those of President Donald Trump – that China uses them to steal intellectual property from foreign competitors in industries like cars and technology.
St. Louis-based liquor producer, importer and marketer Luxco has acquired a controlling interest in Niche Drinks, a specialty liquor company based in Derry, Northern Ireland.
Bourbon, now caught in the crosshairsof a potential trade battle between Washington and Beijing, once relied on foreign markets for survival.