On Friday, Ste. Michelle Wine Estates (SMWE), the largest winery in the Pacific Northwest and third-largest premium winery in the country, was sold to Sycamore Partners, a New York-based private equity firm.
The total fast-moving consumer goods (FMCG) market had a relatively strong Memorial Day, with dollar sales up 1.4% compared to 2020 and up 14% compared to 2019.
With pandemic restrictions easing, wineries should see a rise in sales at tasting rooms, and online purchases may remain above pre-pandemic levels.
NEW YORK, June 3, 2021 /PRNewswire-PRWeb/ -- 3x3, a data-driven shopper engagement partner for brands and retailers in the beer, wine and spirits industry, is pleased to announce the launch of a new retailer membership program aimed at liquor retailers.
Uncle Nearest Premium Whiskey, a brand honoring the legacy of the formerly enslaved man who taught Jack Daniel how to make whiskey, on Tuesday announced the creation of a $50 million venture fund to invest in minority-founded and owned spirit brands.
After COVID-19 restricted or eliminated dine-in seating for most restaurants, savvy owners shifted their focus. Takeout and delivery became primary sales channels in 2020.
Whiskey makers in the United States are poised to sidestep a crippling tariff hike that would have doubled duties on their exports to the European Union to a whopping 50 percent.
There’s no denying that retailers were hit hard during the novel coronavirus pandemic. Many well-known companies, like Neiman Marcus and J.C. Penney, filed for bankruptcy.
When the conversation around the lack of diversity in the wine industry exploded last summer, it caused an uptick in awareness of Black-owned wineries and winemakers of color.
WASHINGTON, Jan. 27, 2021 (GLOBE NEWSWIRE) -- Today, the Beer Institute published an unofficial estimate of domestic tax paid shipments by beer brewers for December 2020.