LVMH chairman and CEO Bernard Arnault has announced new leadership at Moët Hennessy, installing LVMH CFO Jean-Jacques Guiony as CEO of the drinks unit, and naming his son Alexandre Arnault as deputy ...

Led by its Cavit brand from Italy—the second-largest imported wine in the U.S. market—Palm Bay International continues to expand its 5.8-million-case portfolio with an eye toward moving further ...

Sazerac Co. has announced a broad shakeup of its distributor alignment, departing the RNDC portfolio in more than two dozen states, with Breakthru, Johnson Brothers, Martignetti, Southern Glazer’s, ...

Wine Spectator’s countdown of the top 10 wines of the year continues today, with the naming of the No. 4, 3, and 2 wines of 2024. Yesterday, the magazine revealed an Oregon Pinot Noir and a Stags Leap ...

The past three months have shown a mixed bag in terms of results for leading U.S. cannabis operators, as multistate players continue to navigate market uncertainties. Last week, Curaleaf, Verano, the ...

Southern Glazer’s Wine & Spirits is expanding internationally with a new deal to acquire Miami-based Webb Banks—a distributor of premium wine and spirits in Latin America and the Caribbean—for an ...

After a tumultuous few years in the drinks business, talk within the industry is largely revolving around “normalizing” conditions this year, with the on- and off-premise markets returning to relative ...

Following the failure of adult-use legalization in Florida, South Dakota, and North Dakota, cannabis companies’ stocks have taken a beating in the market. Last Wednesday, the American Cannabis ...