Diageo saw sales climb 21% to £15.5 billion (18.8b) in its fiscal year ended in June, with the company crediting the robust growth to “continued recovery of the on-trade, resilient consumer demand in ...

•Anheuser-Busch InBev’s U.S. depletions declined by 2.1% in the third quarter, as the beer giant’s biggest brand—Bud Light—continued to struggle, as did the Rita’s RTD range and ABI’s value portfolio.

•Canadian cannabis giant High Tide reported Q3 2024 revenue of C$131 million ($97m), an all-time high for the company, on 6% growth both year-over-year and sequentially. Continue reading → ...

•The Alcohol and Tobacco Tax and Trade Bureau (TTB), along with the California Department of Alcoholic Beverages, has opened an investigation into illegal trade practices in Napa and Sonoma counties ...

•Castle & Key Small Batch Bourbon, additional Thomas S. Moore Cask-Finished Bourbons, and newcomers from Macnair’s and Broken Barrel are among the offerings featured in Whisky Advocate’s latest weekly ...

•Napa Valley-based Bespoke Collection is launching Resolute Wines, a new brand from the Red Hills in Lake County. Continue reading → ...

•Angel’s Envy cofounder Wes Henderson is launching a new label, True Story. Continue reading → ...

•Poderi Colla, a family winery in Italy’s Piedmont that produces Barolo, Barbaresco and the flagship blend Bricco del Drago, has purchased the Boroli family’s Cascina Bompè winery and their ...

Strong sales of Cognac and Champagne helped carry Moët Hennessy to nearly €6 billion ($6.7b) in sales for 2021, up 26% organically from the prior year. Continue reading → Moët Hennessy saw revenues ...

This July, Scotland’s Wemyss family will open a new Fife-based distillery for its Darnley’s View Gin brand, imported by Palm Bay International. Continue reading → ...

Bill Silver was formerly Dean of the School of Business and Economics at Sonoma State University, where he played a key role in establishing the Wine Business Institute and its Wine Spectator Learning ...