Russian Distillery First In History Licensed To Bottle Tequila
On Friday, business daily RBK has reported that the Mexican government has issued a license in Russia for bottling tequila, for the first time in history. The Crystal distillery, based…
Bud Light Sales Continue To Decline Over Transgender Influencer Controversy
Months after a massive backlash against American beer brand Bud Light over its social media promotion with controversial transgender influencer Dylan Mulvaney, sales of the iconic brand are continuing to…
Bacardi Sees Profits In Russia Soar
New data released by Russia’s federal tax agency shows that Bacardi’s Russian division, Bacardi Rus LLC, saw its profits skyrocket to almost $50 million in 2022, which was more than…
Jack Daniels Whisky Maker Beats Estimates
The Brown-Foreman corporation announced it had beaten Wall Street estimates for its quarterly sales, as higher prices for whiskey, as well as a constant demand for its brands, such as…
British Breweries Are Going Bust
Mazars Group has noted that as the cost of living crisis in Britain savaged the nation’s hospitality sector, British brewing companies suffered among the worst of it. The group’s analysis…
Anheuser Busch Continues To Decline As Beer Sales Boycott Grows
As sales of Bud Light continue to decline, shares of parent company Anheuser-Busch InBev (BUD) are following suit. Nielsen just released new data showing sales of Bud Light have declined…
Bud Light Sales Collapse Accelerates
New Nielsen data shows that sales of Anheuser-Busch InBev’s (BUD) Bud Light plunged 24.6% over the week ending May 13th. That is an acceleration of the declines seen over the…
Premium Beer Brands Appear Recession-Proof
Constellation Brands CEO Bill Newlands was extolling how recession-proof premium-priced Corona and Modelo beers have proven. In an interview Newlands said, “Consumer demand has been very strong. We have the…
Tequila Continues To Dominate The Spirit Sector
As premium spirits continues to dominate as a market category, Japanese-American spirits-maker Beam Suntory has been focusing its buying on tequila brands. Albert Baladi, CEO of Beam Suntory, said in…
Among Alcohol Products Tequila Takes Off, With Canned Cocktails
Alcohol-delivery company Drizly reports that since the pandemic began, Tequila sales have been booming with their customer base. Drizly CEO Corey Rellas said in an interview of the Covid-19 era trends which…
