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Wednesday, October 28, 2026 · 26 stories

Judge approves RNDC's Chapter 11 liquidation plan

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Plus 25 more stories, including Heineken's new CEO pumping the brakes on growth
ABV DAILY
WED 10.28.2026  ·  26 STORIES  ·  ADD YOUR TEAM

The Lead
A Texas bankruptcy judge on Tuesday approved the Chapter 11 liquidation plan of alcohol distributor Republic National Distributing Company. The judge overruled objections from the U.S. Trustee's Office, which had argued the plan contained nonconsensual third-party releases.
Court clears RNDC sales in Alaska, Kentucky, and Michigan
A U.S. Bankruptcy Court judge in Texas has signed off on three RNDC divestitures as the former second-largest U.S. wine and spirits distributor keeps winding down. Columbia Distributing is taking RNDC's Alaska assets, Keg 1 is buying in Kentucky, and Great Lakes Distributing, Imperial Beverage, and Vintage Wine Co. are splitting the Michigan business. The Kentucky sale will net roughly $30 million, Michigan about $20 million, and Alaska around $3 million. Columbia said the Alaska deal stretches its direct service territory to 835,000 square miles and brings nearly 1,500 new accounts, lifting its four-state operation to 24,000 retail customers and more than 80 million cases delivered annually.
Heineken CEO Rafael Oliveira said Wednesday the brewer has more to do to deliver consistent growth, in his first public statement in the role. He pointed to a need for greater accountability throughout the business and a stronger performance culture.
The Briefing
Costco, whose beverage alcohol sales are estimated above $6.5 billion in recent years, is refocusing on fine wines, high-end spirits, and RTDs, with VP and general merchandise manager Chad Sokol planning to add more Kirkland Signature Bourbon labels and new wines from different appellations within the next year. Wine makes up 50% of beverage sales and spirits about 35%; a typical store stocks roughly 200 beverage SKUs, including about 60 spirits and 20 beer. Shanken News Daily
French Cognac maker Maison Boinaud has been placed under judicial protection to restructure its debt, with CEO Charles Boinaud telling Just Drinks the Angoulême Commercial Court "opened safeguard proceedings" on 19 October. Just Drinks
US District Judge Charles E. Atchley Jr. denied former CEO Fawn Weaver's motion for a preliminary injunction to stop the sale of substantially all of Uncle Nearest's assets, finding she had not shown she was likely to succeed on the merits or face irreparable harm. The whiskey business has been in court-appointed receivership for more than a year after Farm Credit Mid-America alleged a loan default and misreported barrel counts; receiver Phillip G. Young Jr. says he is close to a sale through three unnamed parties and plans to carry out any deal via Chapter 11. Just Drinks
A study found that the 2018 retaliatory tariffs raised whiskey prices in Kentucky and Tennessee, while lost export demand pushed domestic whiskey prices down elsewhere after China, Mexico and the E.U. imposed duties of 10% to 25%. Vinetur
Boston Beer launched Rally Dog Vodka Ade in four states this year and plans a national rollout in 2027, with CEO Jim Koch calling the vodka ade category alcohol's "next big thing" and saying it has "exploded faster" than hard teas or seltzers. The push comes as Constellation Brands bought SpikedAde for $75 million and Mark Anthony Group launched RefreshAde; Boston Beer's third-quarter net revenue fell 3.2% to $520 million. Food Dive
Florida-based Green Shoot Brands has bought Jack Brown's Beer & Burger Joint, a 22-unit casual-dining chain across seven states that stocks local and international craft beer and runs the Notch Club beer-tasting program; terms were not disclosed. Founders Aaron Ludwig and Mike Sabin and president Jason Owenby stay on to run the company, which joins Green Shoot's nine-brand portfolio of 410 units with more than $500 million in system sales. FSR Magazine
Carlsberg's India unit filed an updated draft IPO prospectus dated October 27, its first public filing after confidentially submitting papers in July and winning regulatory approval earlier this month. The offering is entirely an offer for sale of 86.42 million shares; the brewer operates seven owned breweries and nine third-party manufacturers and holds a 21.9% share across 16 key states and union territories. Business Standard
Some 18% of U.S. adults 21 and older drank non-alcoholic beer, wine, spirits, RTD cocktails, or THC-infused beverages in the past six months, per BevNET. BevNET
Also at: Brewbound
US off-trade tequila value sales fell 3.5% to $5.29 billion in the year to 29 August 2026, even as volumes rose 5.9% to 290.5 million units and craft brands grew 18.6%, according to The Tequila Report's "Tequila's 10% Problem" analysis using Nielsen data. Craft brands, defined as 181 additive- and diffuser-free labels selling under 200,000 nine-litre cases a year, accounted for 9.7% of retail scan dollars at an average price near $44, while reposado was the only sub-segment to grow dollar sales, up 2.1%. The Spirits Business
Flavored malt beverages are still posting year-over-year off-premise declines, losing shelf space and displays to spirits-based offerings and other new entrants, per Circana's latest weekly scans. Several FMB brands have bucked the trend through mid-October. Brewbound
Sazerac Group has rebranded its incubator and brand builder, launched in 2015 as 375 Park Avenue Spirits, under the name Sazerac Next. Based in Louisville, Kentucky, the platform holds roughly 60 owned and agency-partner brands across whiskeys, brandies, agave spirits, and liqueurs, including The Last Drop, Wahaka Mezcal, Siete Leguas Tequila, Glenfarclas, and recent additions Lovebug and Dalho Soju. The Spirits Business
In an October 2026 presentation to UK hospitality customers reviewed by Reuters, Heineken warned pubs and bars to adapt to GLP-1 weight-loss drugs like Ozempic and Wegovy "or risk losing customers and revenue," naming the traditional multi-pint round as the most exposed format. Heineken, which owns more than 2,000 British pubs, advised venues to push half-pints, low- and no-alcohol drinks, and food pairings; Circana data cited in the report found US households with a GLP-1 user spent about 13.5% less on beer after two years on the medication. Foreign Policy Journal
José Cuervo, Don Julio and Patrón led global spirits brand-value growth in new rankings, while Scotch and Cognac posted declines. Moutai kept the top spot overall. Drinks Trade
Diageo's global category director for whisk(e)y and luxury, Julie Bramham, told Global Drinks Intel the company is doing "a tonne of work" on whisky RTDs, a space she says the category has under-indexed, and plans to bring competitive propositions to market over the coming year or so. She said Diageo is also under-leveraging smaller pack sizes across its whisky brands and sees them as a recruitment opportunity, citing a smaller Johnnie Walker Blue Label format as an example. Drinks Intel
Also at: Vinetur
Retailers across channels are using "eventizing" and multiple pack sizes to give budget-conscious consumers reasons to celebrate despite persistent inflation, Brewbound reports. Brewbound
Proposed amendments to Irish whiskey's technical file would not radically change pot still whiskey's character but would give the category greater diversity, Richard Woodard writes for Just Drinks. Just Drinks
An LCBO report found that about 9 in 10 Ontario consumers bought locally made beer, wine and spirits last year, totaling CN$3 billion, following Canada's tariff dispute with the U.S. The Drinks Business
IWSR forecasts sparkling wine volumes in global travel retail to contract at a -1% CAGR from 2025 to 2030, driven by declining cava and prosecco sales in price-conscious Europe, while still wine holds flat at 0%. Premium champagne, English sparkling wine and top-tier prosecco are faring better by leaning on high-end gifting, brand heritage and airport activations, with the Americas and Africa flagged for future growth. Drinks Intel
New Releases
Heaven Hill releases 18-year Phoenix bourbon marking 1996 fire
Fred Minnick
Heaven Hill is releasing Phoenix, a one-time 18-year-old Kentucky Straight Bourbon marking 30 years since the 1996 fire at its original Bardstown distillery, which destroyed the plant and seven rickhouses and consumed nearly 100,000 barrels. Bottled at 107 proof, the blend starts with 18-year-old bourbon distilled in March 2008 and matured in heavy-char barrels, mingled with 30-year-old whiskey distilled at the Old Heaven Hill Springs Distillery. The 750ml bottle carries a suggested retail price of $325 and begins shipping across select markets in October 2026, with sales also at the Heaven Hill Bourbon Experience in Bardstown, Kentucky.
750ML $325 · SELECT MARKETS, OCT 2026
Joseph Phelps releases 2023 Insignia, first vintage under new winemaker
Beverage Industry
Joseph Phelps Vineyards released the 2023 vintage of its flagship Napa Valley blend, Insignia, a mix of 88% Cabernet Sauvignon, 7% Petit Verdot and 5% Cabernet Franc drawn from seven estate vineyards across six Napa AVAs. It is the first vintage overseen by Senior Director of Winemaking Ryan Knoth, who joined in 2022, and the first under Moët Hennessy, which acquired the winery that year. The wine is available in select U.S. restaurants and fine wine retailers at a suggested $365 a bottle.
$365 · SELECT US RESTAURANTS, RETAILERS
Wilder Heart launches with two American whiskeys
PR Newswire (Wine & Spirits)
Wilder Heart, a new American whiskey co-founded by podcaster Nate Woodruff of Whisky with a View and VCL North America, part of UK spirits firm VCL Vintners, debuted with two expressions blended from three mash bills and aged at least four years with nothing added. The core Wilder Heart Whiskey is bottled at 47% ABV ($44.99) and the Cask Strength at 58.75% ABV, batch 1 ($69.99). The brand is selling direct to consumers via online pre-order, shipping to more than 40 states, and at retail in Colorado, Missouri and Wyoming.
47% ABV · 94 PROOF · $44.99 / $69.99 · DTC 40+ STATES; CO, MO, WY RETAIL
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