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 ...

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 ...

•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 ...

Maker’s Mark is shaking things up with Star Hill Farm, a new wheat whiskey spotlighting the eponymous farm in Loretto, Kentucky, as well as the soft red winter wheat that the distillery has long bet ...

In the second part of our interview, Treasury Wine Estates Americas president Ben Dollard discusses the overall wine market outlook and prospects for the company’s luxury portfolio—which now accounts ...

Drinks industry groups in the U.S. and abroad are urging negotiations aimed at defusing trade tensions following yesterday’s announcement of broad U.S. tariffs imposed on countries both large and ...

Edrington has named Jeremy Speirs as the company’s new managing director for Edrington Americas. He will take over from Paul Ross in July. Speirs has been with Edrington since 2002 and has served in a ...

Napa Valley-based Trinchero Family Wine & Spirits has appointed industry veteran Corey Beck as chief operating officer, effective May 1. He will report directly to Trinchero president and CEO Bob ...

Diageo is forming a joint venture with California-based investment firm Main Street Advisors that will market the Cîroc vodka and Lobos 1707 Tequila brands moving forward. Under the deal, for which ...