Campari Buying Courvoisier
Italian spirits company Campari Group announced Dec. 14 that it will acquire the Cognac brand Courvoisier from Beam Suntory.
The deal — the largest in Campari Group’s history — is valued at about $1.32 billion and expected to...
Podcast: The Next Generation of Beverage Pros
In this podcast episode, we chat with Brian Warrener, associate professor at The College of Hospitality Management at Johnson & Wales University in Providence, RI, about the new generation of beverage professionals and their...
Why Aren’t Younger Consumers Drinking Wine?
Why does the wine category struggle with Millennials and Gen Z? It’s a pressing question as the industry enters potentially treacherous waters in 2024 and ahead.
The wine industry had been on an upward trajectory...
Making Sense of Fortified Wines
Fortified wines are wines to which distilled spirit has been added at the winery. They usually contain 15 to 20% alcohol, so they taste stronger and feel heavier than standard wines, and are served...
Sazerac to Acquire BuzzBallz
Sazerac, the global spirits company known best for owning Buffalo Trace Distillery, has signed a deal to purchase BuzzBallz, a fast-growing ready-to-drink (RTD) producer.
BuzzBallz was founded in 2009 by Merrilee Kick. The company's spherical...
