Spirits

Molson Coors Launches Zero-Proof Cocktail

Molson Coors Launches Zero-Proof Cocktail

Molson Coors continues to grow its non-alcoholic portfolio with its latest release Roxie, a zero-proof canned cocktail launching today exclusively online.

Shifting From Subscriptions, Speakeasy Aims to Build Digital Storefront for Premium Spirits

Shifting From Subscriptions, Speakeasy Aims to Build Digital Storefront for Premium Spirits

Remember when the subscription box came onto the scene? It was the early 2010s and, as new meal delivery kits and beauty product subscription boxes started to become the rage, Josh Jacobs, CEO and co-founder of Speakeasy Co, saw an opportunity for craft cocktails to play in the same arenas. But he also wanted a way to sell full-size bottles of craft spirits. Before long, the latter goal became the main target.

Where Will Consumers Drink in 2023? Data Experts Track Channels for Spirits and RTDs

Where Will Consumers Drink in 2023? Data Experts Track Channels for Spirits and RTDs

As we move through the winter holidays and into 2023, beverage alcohol analysts have been weighing in on spirit trends and categories poised to lead in the new year. They’re also tackling questions about where consumers are imbibing and shopping: will economic conditions damper on-premise business? As ready-to-drink cocktails grow, where will brands find successful channels? And how will e-commerce change?

Heritage Distilling Goes Public Post-SPAC Merger, Expands Network of Tribal Distilleries

Heritage Distilling Goes Public Post-SPAC Merger, Expands Network of Tribal Distilleries

Washington-based craft distiller Heritage Distilling announced this week its plans to merge with Better World Acquisition, a special purpose acquisition company (SPAC), to go public in a transaction that has a pro forma enterprise value of over $122 million. If completed, the merger will make Heritage one of the only publicly traded pure-play craft distilleries.

Pronghorn Invests in 3 Black-Owned Spirit Companies

Pronghorn Invests in 3 Black-Owned Spirit Companies

Pronghorn, an initiative focused on boosting Black spirits entrepreneurship, announced yesterday new investments in three companies: Tequila with Friends, Den of Thieves and Ego Tequila. Terms of the deals were not disclosed.

Campari to Acquire Wilderness Trail, Extending Bourbon Interests

Campari to Acquire Wilderness Trail, Extending Bourbon Interests

Campari Group is boosting its Kentucky bourbon portfolio by taking a majority stake in Wilderness Trail Distillery, the company announced today. The move comes at a time when American whiskey continues to rise, and particularly higher-priced brands.

Will the Recession Stall Momentum for Superpremium Spirits?

Will the Recession Stall Momentum for Superpremium Spirits?

Super premium spirits have been outpacing mainstream categories for over a decade, but will a looming recession stall that trajectory? A new report suggests that economic conditions may soften demand for high end wine and spirits, but won’t hinder long term growth.

Pernod Ricard Acquires George Strait’s Codigo 1530 Tequila

Pernod Ricard Acquires George Strait’s Codigo 1530 Tequila

Pernod Ricard is boosting its agave portfolio with another tequila. The global wine and spirits company announced on Monday that it had acquired a majority stake in Código 1530 Tequila, the ultra-premium tequila co-founded by country music singer George Strait.