Moët Hennessy saw first-quarter sales slip 9% organically to €1.3 billion ($1.5b) in the three months through March, as the company cited “ongoing normalization of demand” as impacting its results.

Cannabis and beverage alcohol group Tilray reported gross profit of $52 million for its fiscal third quarter ended in February, up 5% year-over-year. Net revenue for Q3 was at $185.8 million, down ...

Yesterday, SND reported that Constellation is slimming down its wine and spirits unit with the divestiture to The Wine Group of brands totalling 12 million cases and including Woodbridge, Meiomi, ...

The battle over how to regulate hemp-derived THC products is heating up, with the alcohol retail trade group American Beverage Licensees (ABL) proposing to bring intoxicating hemp products further ...

In the second part of our interview with Ted Baseler, Ste. Michelle Wine Estates’ chief executive discusses the group’s California portfolio and partner brands, as well as trends in its core ...

•Atlanta, Georgia’s SweetWater Brewing Company is expanding its East Coast presence with entry into New York City, Connecticut and central Pennsylvania. Continue reading → ...

•The Winebow Group is launching Amble + Chase, a new premium canned rosé. Continue reading → ...

•New York-based Castle Brands reported a 17% increase in net sales to $15.9 million for its fiscal third quarter as total gross profit grew 24% to $6 million, compared to $4.8 million for the ...

•The Boston Beer Company reported results for its quarter ended June 25, in which depletions were down 7% but net revenue rose 2.2% to $616.2 million. Continue reading → ...

•American Spirit Whiskey founders Charlie Thompson and Jim Chasteen have agreed to purchase a 60,000-square-foot space in the brand’s hometown of Atlanta, and intend to invest $5 million to develop it ...

Bacardi-owned Dewar’s was up nearly 20% to 1.1 million cases in the U.S. last year, according to Impact Databank, ranking second after Johnnie Walker in the blended Scotch category. Dewar’s has seen a ...