Industry News

Pernod Ricard Sees 14.5% Sales Decline Due to COVID-19

Global drinks giant Pernod Ricard has reported a 14.5% decrease in organic third-quarter sales, revealing financial damage already caused by COVID-19. A large chunk of this decline occurred in January and February in China and...

Buffalo Trace Releases Experimental Wheat Bourbon

Buffalo Trace Distillery has released its first experimental whiskey of 2020: a wheat-recipe bourbon aged for four years, cut with water, then re-barreled and left to age for another eight years.  Explained more broadly, the...

Woodford Reserve Announces ‘Kentucky Derby at Home’

Woodford Reserve, the Presenting Sponsor of the Kentucky Derby, has joined with Churchill Downs for a nationwide, at-home celebration to honor the derby's traditions, while also raising up to $2 million for people impacted...

Final Vote this Week For 2020 Georges Duboeuf Artist Label Competition

Wine fans have until Friday, May 1, to cast their vote for the winner of the 2020 Georges Duboeuf Beaujolais Nouveau Artist Label Competition. The work of the chosen artist will feature on more than...

9 Vodka Trends in 2020

Vodka is still king of the spirits. For all the press around trendier categories like whiskey or tequila, vodka retains the sales crown. It represents about one-third of spirits volume nationwide. And vodka is still...

Rabbit Hole Launches Gin Finished In Rye Barrels

The fast-expanding Rabbit Hole Distillery has revealed its latest new product: Rabbit Hole Bespoke Gin. This is a London Dry gin aged in the brand’s Boxergrail Kentucky Straight Rye Whiskey barrels. Rabbit Hole Bespoke Gin marks the...

Video: Business Leadership In a Time of Crisis

These unusual, challenging times call for firm leadership. The sort of skills that can help navigate a business through to the other side of these lockdowns and pandemic. The video below features David Spader, BARC...

Ritual Zero Proof Unveils Non-alcoholic Tequila

As the low-cal trend continues, the emerging brand Ritual Proof has unveiled its new Tequila Alternative. This joins the company's existing lineup of Ritual Zero Proof Gin Alternative and Ritual Zero Proof Whiskey Alternative. Like all...

5 Cinco de Mayo Cocktails

Cinco de Mayo will not be the same this year, since many in the U.S. are still sheltering in place due to the COVID-19 pandemic. Even if we can’t go out, let us raise...

How Does Craft Beer Survive COVID-19?

The craft beer industry was growing steadily before COVID-19. Thanks to the rise of taprooms — allowing breweries of all sizes to generate consistent revenue — the category had found more room to expand....