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US Spirits Exports Rise 8% In 2023 Following EU Tariff Suspension

Spirits exports rose 8% in 2023 to $2.2 billion, according to the Distilled Spirits Council of the United States, following the European Uni...

Tequila Giant Becle Sees Margins Growing After Troubled Year

Mexican distiller Becle said it expects its profit margins to slowly improve thanks to lower input costs that helped it post a forecast-beating fourth quar...

Investors Tempted By Brewers As Spirits Sales Falter

Investors are warming to beer stocks as a relatively cheap way to benefit from growth in alcohol brands, particularly in emerging markets, as eas...

Jack Daniel's Maker To Sell Cooperage In Alabama

Brown‑Forman Corporation plans to sell its cooperage in Trinity, Alabama, to Independent Stave Company (ISCO).

Molson Coors Sees Net Sales Up 9.4% In FY 2023

Molson Coors closed its financial year with net sales growth of 9.4% to $11.7 billion (€10.86 billion), meeting its full-year guidance.

UK's Naked Wines Names Rodrigo Maza As New CEO

Naked Wines has named current UK boss Rodrigo Maza as its CEO, replacing Nick Devlin, who abruptly left the role in November amid dwindling sales at the on...