Diageo’s first half results for fiscal 24 were dragged down by a 23% drop in Latin America sales. What happened – and how will the company shift its strategy moving forward?
Diageo and Sean 'Diddy' Combs have agreed to resolve all disputes over DeLeón tequila and Ciroc vodka: with Diageo taking on sole ownership of the DeLeón tequila brand.
From alcohol-free tequila alternatives to sweet & spicy low alcohol wine, we take a look at some of the latest innovations in the low and no alcohol category.
Diageo has announced two regenerative agriculture programs across its tequila and scotch brands: focused on reducing carbon emissions of farming barley, wheat and agave.
What’s trending in the US spirits scene this summer? Sean Eckhardt, Senior Vice President of US Sales at Bacardi, tells us how the company is tracking continued growth in tequila, RTDs and rum.
Diageo – producer of Don Julio and Casamigos tequilas - has introduced the use of drones on its agave farms in Jalisco, Mexico: in an effort to integrate more efficient farming practices and drive environmental benefits.
Beam Suntory is launching a ‘first-of-its-kind’ pilot program in the tequila industry to explore regenerative agricultural practices in the agave fields near its Casa Sauza operations in Jalisco, Mexico.
Pernod Ricard will acquire Código 1530 and its range of ultra-premium and prestige tequilas: in a move to strengthen and diversify its portfolio of trending agave drinks.
What’s piquing the attention of BeverageDaily readers? There’s a lot of interest in the growing low to no alcohol market – whether that’s stocking supermarket shelves or catering for non-drinkers at events. Meanwhile, readers are keen to keep up with...
Could agave shortages and rising production costs stop the trending drinks in its tracks? The good news is that agave alternatives are ready to step in and fill the gap.
Tequila volumes are expected to grow at a CAGR of 7% between 2021 and 2026: far exceeding 2% growth in global spirits volumes. So how is this market going to evolve?
What's big in the US spirits scene this summer? Sean Eckhardt, Senior Vice President of US Sales at Bacardi, explains how the company has shaped its portfolio for the summer months - along with his take on the trending tequila, RTD alcohol, and lower...
Sweden’s Buen Vato is launching a cardboard tequila bottle: saying it is ‘on a mission to shake-up the drinks industry’ by investing in sustainable manufacturing and cutting transport emissions.
The distilled spirits sector achieved strong growth in 2021, driven by the gradual reopening of restaurants and consumers trading up to super-premium spirits at-home, according to the Distilled Spirits Council of the United States (DISCUS). Pre-mixed...
Tequila holds an almost 16% of on-trade spirits sales in terms of volume: up significantly from 2016 when it had a 11.5% share, according to figures from CGA. And its popularity is set to continue to grow.
Premiumization has been a key trend for spirits for years: but the pandemic has helped accelerate growth, according to the Distilled Spirits Council of the United States (DISCUS).
The increased popularity of cocktails have boosted sales of tequila and liqueurs in the UK, according to the Wine and Spirit Trade Association’s latest market report.
Could Mexico’s traditional fermented beverages offer inspiration for healthy beverages today? Researchers are calling for the recovery and conservation of ancient fermented drinks, which could offer an 'outstanding reservoir' of genetic resources...
Diageo will expand its manufacturing footprint in Mexico with an investment of more than $500m in new facilities in the State of Jalisco: supporting the company’s growth in the tequila category.
Don’t tell Mexico, but Australian scientists might be about to use the agave plant for something other than tequila…namely environmentally friendly fuel and hand sanitiser.
New York-based LIQS Cocktail Shots is taking its growth international with November’s launch into Japan. Its lines of liquor-based and wine-based shots build their audience first on-premise at concerts, stadiums and festivals.
Following the landmark success of George Clooney’s tequila brand Casamigos, a crop of celebrities have tried to mimic its popularity with their own labels in the US. But can the trend last and hold up against small label, craft tequilas?
In collaboration with the makers of Stoli Vodka, Nick Jonas and John Varvatos have created a new US tequila brand. Villa One premieres in September with three varieties.
The IWSC (International Wine & Spirit Competition) has released its annual spirits results, showing the rising popularity of pisco, a Chilean and Peruvian Brandy; Japanese shochu and China’s best-selling spirit baijiu, demonstrating a growth in Asian...
Diageo’s recent announcement of a record $1bn deal to takeover Casamigos, the fastest growing super-premium tequila brand in the US (and co-founded by George Clooney), is just the latest indicator of intensified M&A activity in the liquor segment.
Heineken has defended itself after being criticized by the Tequila Regulatory Council (CRT - The Consejo Regulador del Tequila) in Mexico for its tequila-flavored beer, Desperados.
Diageo has confirmed that it will buy Casamigos, a tequila brand co-founded by George Clooney, in a deal that values the brand at $1bn and is expected to close in the second half of 2017.
UK wholesaler and retailer Amathus Drinks has teamed up with distributor Proof Drinks for the launch of Mexican company Estancia Distillery’s agave spirit Raicilla.
Diageo CEO Paul Walsh says he was ‘somewhat disappointed’ by the breakdown of talks to acquire the Jose Cuervo tequila brand, but hints his firm may make an ‘organic entry’ into the category in 2013.
Diageo said today it had terminated discussion with Jose Cuervo relating to the future of the tequila brand, and that both parties will now work to ensure the orderly end of the current distribution agreement due to expire in June 2013.
Rudi Favila, president of mezcal wholesaler and importer Premium Mezcales, tells Ben Bouckley that Oaxacan spirit mezcal can ditch its old man image to stoke spirits across the US and beyond…
