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Rémy Cointreau's Cognac sales rose 10.3% organically to €338.7m in the first half of its 2026-27 year, with gains in China and EMEA offsetting a Q2 decline in the Americas, while group sales climbed 2.9% organically to €510.9m. The liqueurs and spirits division, which includes Cointreau, The Botanist and Mount Gay, fell 7% to €169.7m on US destocking tied to distribution changes.
The Spirits Business |
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Heineken posted a fourth straight quarter of sales growth, with revenue up 4.6% to EUR8.09bn (US$9.02bn) in the three months to the end of September, lifting the nine-month total 3.4% to EUR22.92bn. Asia Pacific led with a 15.1% climb, the Americas and Africa & Middle East returned to growth, and all five global brands grew volumes in the first results under new CEO Rafa Oliveira, who said there is "more to do to sharpen execution."
Drinks Intel |
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Columbia Distributing closed its purchase of Republic National Distributing Co.'s Alaska assets, picking up 1,500 customer accounts. The deal rounds out the Oregon distributor's four-state Pacific Northwest footprint.
The Business Journals |
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Rémy Cointreau's organic sales rose 2.9% to €511 million ($570m) in the six months through September, with a China rebound offsetting high comps and U.S. destocking tied to its route-to-market changes after parting with RNDC. The Cognac division climbed 10% to €339 million ($377m) on Rémy Martin's strength in China, while Liqueurs & Spirits fell 7% to €170 million ($189m).
Shanken News Daily |
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One of the largest U.S. liquor distributors, facing about $300 million in claims, reached a settlement with its unsecured creditors last week, its attorneys said. The plan still faces an objection from a key entity.
Inc.com |
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Carlsberg kept its full-year profit guidance on Thursday after third-quarter sales came in line with expectations. China remained a soft spot for the Danish brewer.
Charlotte Observer |
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Tilray Brands announced another round of layoffs across its portfolio, Fingers reports, with the company's stock down about 70% year-to-date. Chief corporate affairs officer Berrin Noorata said streamlining its U.S. beer business and broader portfolio is central to driving efficiencies, and that the cuts were "planned for some time and are independent of Tilray's stock price volatility."
Fingers |
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Becle SAB, the Mexican distiller behind Jose Cuervo, reported a 21% year-over-year drop in net sales of its flagship tequila in the third quarter, citing unfavorable currency moves and weaker shipments outside North America. Overall volume fell nearly 9%, mainly from Becle's sale of non-core assets as it focuses on premium spirits.
Bloomberg |
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U.S. spirits sales fell 2.4% in early October, with NielsenIQ reporting a 2.3% drop in volume. Weekly revenue rose 1.1% to $512.8 million ahead of Halloween buying.
Vinetur |
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Convenience retailers' outlook on beer warmed in the third quarter, per Goldman Sachs' latest Beverage Bytes survey, with respondents now expecting beer sales to rise 3% year-over-year, up from +2% in Q1. The surveyed retailers represent about 10% of the c-store channel, roughly 15,000 stores; Goldman said craft will lose shelf space to RTDs in 2027.
Brewbound |
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Spirits-based RTD sales hit US$4 billion in the 52 weeks ending October 3, up from US$1 billion in 2021, with dollar sales rising 23.1% over the latest 52 weeks, according to WSWA's SipSource holiday outlook citing Nielsen data. Core spirits volume fell 2.5% in the third quarter, an improvement on the 4.1% decline over the prior 12 months, while Irish whiskey depletions rose 6.6%, Tequila 2.5%, and cordials and liqueurs 1.4%.
The Spirits Business |
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MGP Ingredients posted third-quarter 2026 sales of $117.9 million, off 10% from $130.9 million a year earlier, with net income dropping to $6.9 million ($0.32 per share) from $15.4 million ($0.71). The company held its fiscal 2026 guidance and plans to take the name Sempreon, Inc. and the Nasdaq ticker CASK on November 2, 2026.
quiverquant |
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Carlsberg India filed an updated draft prospectus dated October 27 for a stock market listing, structured entirely as an offer for sale of up to 8.64 crore equity shares by promoter South Asian Breweries, with no fresh issue. The maker of Tuborg, Carlsberg Elephant and Kronenbourg 1664 Blanc reported FY26 revenue of Rs 8,708.8 crore, down 2.2 percent, while profit rose 22 percent to Rs 534.51 crore.
The Hindu BusinessLine |
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UK chancellor John Healey set a £10 million-a-year boost to Small Producer Relief benefiting more than 2,000 producers, but kept products above 8.5% ABV excluded, and confirmed alcohol duty will rise with RPI from 1 February 2027. The 4.55% increase pushes the tax burden on an average bottle of Scotch to 74%, per the Scotch Whisky Association, with a 700ml bottle of 40% ABV Scotch rising 52p.
The Spirits Business |
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Dollar sales of prepared cocktails climbed 1.8% across a four-week stretch, carried by spirits-based options, according to NielsenIQ. The same data showed category volume down 2.2%, with flavored malt beverages and seltzers weighing on the numbers.
Vinetur |
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Clare Rose has put its nearly 270,000-square-foot East Yaphank headquarters and distribution hub, on 34 acres at 100 Rose Executive Blvd., on the market through Newmark, with no asking price set and interest coming from local and New Jersey buyers in pharma, food and beverage, and logistics. The Long Island beer distributor, founded in 1936, agreed in March to sell its business to Southern Glazer's Wine & Spirits for an undisclosed sum; Southern will lease the property until 2028 before likely moving operations to its other sites.
Newsday |
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Burlington's Vermont Pub & Brewery will close on November 14, three days after its 38th anniversary. It opened in 1988 as Vermont's first brewpub, founded by the late Greg Noonan, considered an architect of the state's craft industry.
Brewbound |
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Evergreen Family Wines' Alki Chardonnay, a Washington State wine, is now stocked at more than 1,600 Fred Meyer, Ralphs and Kroger locations across 24 states.
Wine Industry Advisor |
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South Australian wine exports to Canada rose from about $24 million to $128 million in the year to August 2026, making Canada the state's third-largest export market behind China and the UK, after Ontario, Quebec and British Columbia pulled US alcohol from shelves in March 2025 in response to American tariffs. South Australia now accounts for 68% of Australia's wine exports to Canada, sending 48.5 million litres, up 38.6% over 12 months, supported by the state's $5 million Global Wine Growth Program.
PS News |
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C. Mondavi & Family, the St. Helena producer behind Charles Krug and CK Mondavi, has struck a strategic partnership with Missing Thorn, a premium non-alcoholic wine brand founded by winemaker Aaron Pott and vintner Stephanie Honig. The deal, Mondavi's first move into non-alc, gives Missing Thorn access to Mondavi's distribution network across on- and off-premise channels; the brand makes red, white, rosé, and sparkling wines by removing alcohol from fully fermented wine.
PR Newswire (Wine & Spirits) |
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Officials from India's Directorate of Revenue Intelligence visited Radico Khaitan's New Delhi headquarters and Rampur plant on 26 October under the Customs Act, part of an industry-wide review of the customs codes applied to bulk Scotch whisky imports. The 8PM Whisky maker said the action has had no impact on operations so far; authorities have made similar visits this month to Allied Blenders and Distillers, Pernod Ricard, and Diageo's United Spirits.
Just Drinks |
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Campari has launched Rebold (锐邑), the first Cognac Courvoisier has created exclusively for China, blended by Thibaut Hontanx with part of the liquid given a second maturation in barrels previously used for Courvoisier XO. It debuts as a 700ml bottle at RMB248 (US$37), with a 50ml format planned for 2027, as Campari works to rebuild the brand it bought from Suntory Global Spirits for US$1.17bn in 2024.
The Spirits Business |
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Hobert Rupe, a former state prosecutor who ran the Nebraska Liquor Control Commission as executive director for 21 years, pleaded guilty to fraud and extortion. Per Courthouse News, he directed investigators away from Lincoln-area strip clubs and toward their Omaha counterparts.
Courthouse News Service |
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A national survey found 72% of respondents say familiarity with a brand matters some or a lot when buying tequila for themselves, ranking first among 12 attributes tested. Price followed at 64% and positive online information at 56%, with additive-free claims ranking below brand familiarity.
BevNET |
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German wine is gaining ground in the Chinese market as producers get ready for ProWine Shanghai.
Wine Industry Advisor |
