The U.S. wholesale market for wine and spirits is projected to eke out an increase in revenue terms this year, despite pressure on disposable incomes, higher trade hurdles, and weaker growth across ...

As it celebrates its 40th anniversary this year, Deutsch Family Wine & Spirits can pause to look back at a long, remarkable journey. Today’s revenue is at around $1 billion, and annual volume is 13 ...

Empire Merchants, New York’s biggest spirits and wine distributor, has fired CEO Lloyd Sobel and filed suit against co-owner Charlie Merinoff, claiming in federal court that the two men—and others, ...

Longtime Moët Hennessy North America president and CEO Jim Clerkin is transitioning to a new role, president of Moët Hennessy strategic development and advisor to Paris-based global CEO Philippe ...

In the second part of our interview, Winebow Imports senior vice president of marketing and global brands Diego Lo Prete discusses opportunities for brands across the 1.8-million-case portfolio, as ...

Argentina’s Bemberg family, through its Terold company, has taken a majority stake in California’s WX Brands. The deal brings WX into the fold with Grupo Peñaflor, Argentina’s largest wine exporter, ...

This morning, B2B e-commerce platform Provi filed a federal antitrust complaint in Illinois against Southern Glazer’s Wine & Spirits and Republic National Distributing Company (RNDC). The complaint ...

Yesterday, SND reported that Constellation is slimming down its wine and spirits unit with the divestiture to The Wine Group of brands totalling 12 million cases and including Woodbridge, Meiomi, ...

Industry veteran Mauricio Vergara has been appointed CEO of Grupo Cuervo’s Proximo Spirits, effective July 1. Continue reading → ...

Founded 70 years ago by a pair of enterprising brothers, Trinchero Family Estates has grown exponentially from its humble beginnings.The St. Helena, California-based company skyrocketed to stardom in ...

The cannabis drinks market is growing at a rapid rate. According to research firm Fortune Business Insights, it’s projected to top $117 billion in 2032, led by North America, which dominates the ...

Shanken News Daily is a daily email news service covering the global spirits, wine and beer business. It is published by M. Shanken Communications, Inc., publishers of Impact Newsletter/Impact ...