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Blog - Beverages

French Cognac Exports to the U.S. Surge Amidst Tariff Concerns
French Cognac Exports to the U.S. Surge Amidst Tariff Concerns
Jan 17, 2025
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Discover how French cognac exports to the U.S. have surged, driven by tariff concerns and market demand, with major players increasing shipments significantly.
Coors Light Unveils 'Mondays Light' Beer Promotion to Brighten Post-Super Bowl Blues
Coors Light Unveils 'Mondays Light' Beer Promotion to Brighten Post-Super Bowl Blues
Jan 15, 2025
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Coors Light introduces 'Mondays Light,' a new beer promotion to lighten up the post-Super Bowl blues, capitalizing on advertising mishaps with humor and enhancing beer's cultural impact.
Brown-Forman to Lay Off 12% of Workforce Amid Decreasing Alcohol Demand
Brown-Forman to Lay Off 12% of Workforce Amid Decreasing Alcohol Demand
Jan 14, 2025
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Brown-Forman, renowned for Jack Daniels, plans a 12% workforce cut amid declining alcohol demand, reflecting strategic restructuring efforts in a challenging global market.
Constellation Brands Faces Grim Sales Outlook Amid Changing Consumer Behavior
Constellation Brands Faces Grim Sales Outlook Amid Changing Consumer Behavior
Jan 12, 2025
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Constellation Brands confronts a tough sales outlook due to a shift in consumer behavior towards value, impacting its stock and FY 2025 projections.
Constellation Brands Adjusts Sales Forecast Amid Persistent Inflation
Constellation Brands Adjusts Sales Forecast Amid Persistent Inflation
Jan 10, 2025
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Constellation Brands revises its yearly sales forecast due to inflation-related shifts in consumer spending, impacting its popular Corona and Modelo beer lines.
Asian Liquor and Beer Stocks Slump Amidst Health Warning Concerns
Asian Liquor and Beer Stocks Slump Amidst Health Warning Concerns
Jan 6, 2025
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Shares of leading Asian liquor and beer companies decline following a US health warning linking alcohol to cancer risk, sparking market reactions and potential industry changes.
US Surgeon General Advocates for Cancer Warnings on Alcohol Products
US Surgeon General Advocates for Cancer Warnings on Alcohol Products
Jan 3, 2025
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US Surgeon General Vivek Murthy advocates for cancer warnings on alcohol labels due to increased cancer risks.
China Extends Anti-Dumping Investigation into EU Brandy Imports
China Extends Anti-Dumping Investigation into EU Brandy Imports
Dec 25, 2024
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China has extended its anti-dumping investigation into EU brandy imports, impacting key French brands and highlighting ongoing trade tensions.
U.S. Bar Tabs Shrink Amidst Economic Challenges
U.S. Bar Tabs Shrink Amidst Economic Challenges
Dec 23, 2024
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The U.S. spirits industry faces challenges as bar tabs shrink amid economic pressures, with consumers opting for cheaper drinks during critical festive months.
FTC Sues Southern Glazers Over Alleged Unfair Pricing
FTC Sues Southern Glazers Over Alleged Unfair Pricing
Dec 12, 2024
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Discover the FTC's significant lawsuit against Southern Glazers, addressing alleged unfair pricing benefiting major clients and impacting smaller retailers.
In 2023, Brazil's Rum Shipments Achieve An Unprecedented $20 Million Record
In 2023, Brazil's Rum Shipments Achieve An Unprecedented $20 Million Record
Dec 12, 2024
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Rum exports peaked at 9.9M litres in 2022, then declined the next year. In terms of value, exports of Rum reached $20M in 2023.
Australia's Import of Gin and Geneva Plummets to $38M in 2023
Australia's Import of Gin and Geneva Plummets to $38M in 2023
Dec 12, 2024
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Over the period analyzed, imports of Gin and Geneva reached a peak of 7M litres in 2022, but experienced a significant decline in the following year. In terms of value, the imports of gin and geneva plummeted to $38M in 2023.
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