News

SND reported that The Duckhorn Portfolio will reallocate investment away from lower priority brands and tasting rooms in order to focus in on its core four labels of Duckhorn Vineyards, Kosta Browne, ...
•Bronco Wine Co. has appointed Daniel Leonard as president and CEO. Leonard has been with Bronco for 35 years, most recently in the role of senior vice president, chief financial officer. Continue ...
•Waco, Texas-based Balcones Distilling has launched Texas Pot Still Bourbon, the newest addition to company’s core spirits lineup. Continue reading → ...
•Molson Coors Brewing Company has named Mark Hunter, a 25-year industry veteran, as president and CEO of the company, effective upon Peter Swinburn’s retirement from the chief executive post at the ...
Shortly after dawn on July 18, members of a New York-based joint FBI-NYPD major theft task force descended on Sherry-Lehmann, once the most renowned of Manhattan wine shops. Continue reading → ...
•St. Cloud, Minnesota-based Coborn’s Inc. has agreed to purchase western Wisconsin’s Marketplace Foods, a chain of four grocery stores, each with an adjacent liquor store. Continue reading → ...
•Harvest Health and Recreation has finalized its plans to acquire Interurban Capital Group, the parent company of Seattle-based retailer Have a Heart. Continue reading → ...
Following Treasury Wine Estates’ $600 million deal to acquire most of Diageo’s wine business late last year, SND has learned that TWE will also take on U.S. import rights for a number of prestigious ...
•The Wine Group has tapped New Orleans-based Sazerac Co. to take over global marketing and distribution for three of the California company’s spirits brands. Continue reading → ...
Walmart is regrouping in its bid to be able to sell spirits in its Texas-based stores, according to a report from the Dallas Morning News. Continue reading → ...
•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.
•Salt Lake City’s Uinta Brewing has sold a portion of its business to private equity firm The Riverside Co. Continue reading → ...