Market shifts saw previous owners buying back their namesake businesses, an average 25% drop in Bordeaux futures … Continue reading → ...

With sales expected to come in around $140 million this year, Las Vegas-based Planet 13 has 34 dispensaries nationwide, including 30 in Florida, where it’s a growing player in the state’s huge medical ...

With New Year’s Eve upon us, retailers are focused on driving strong sparkling wine sales to close out the year. While results vary across markets, retail operators have generally seen top sparklers ...

Bidding at December’s whisky auctions continued in the successful fashion of November’s sales, with strong prices achieved for Macallan, Hibiki 40 year old, and bottlings of LeNell’s Red Hook Rye in ...

Headlined by Duckhorn’s nearly $2 billion acquisition by private equity group Butterfly, 2024 has seen a number of significant mergers and acquisitions across the supplier and distributor tiers. They ...

•Marriott International has agreed to buy Starwood Hotels and Resorts Worldwide for $12 billion in cash and stock, Marriott announced today. Continue reading → ...

With upscale wine sales reaching new heights, Southern Glazer’s Wine & Spirits is adding new fine wine companies to its operations in Washington, Oregon, Illinois, Colorado and Florida. Continue ...

The craft beer movement has entered a new dimension with the emergence of so-called “extreme” beers—brews that are high in alcohol content and feature unusual ingredients. Continue reading → ...

•Diageo’s Baileys Irish Cream Liqueur has released Pumpkin Spice, a fall seasonal offering. Continue reading → ...

•Minnesota-based Prestige Beverage Group is adding Greek wine brand Santo to its lineup, effective January 1. Continue reading → ...