Alcopop

WSWA's Q1 2024 SipSource Report Tracks Underperforming Market, Identifies Unique Growth Channels, Predicts Stabilization and Improvement in Q2 and Beyond

Retrieved on: 
Mercoledì, Maggio 8, 2024
Sale, Consumer, Wine, Partnership, VIP, CPI, Alcopop, Pacific Division, Recreation, Food, Interval (mathematics), Dominate, Calendar, Growth, Access Hollywood, Liquor

The first quarter of 2024 ended in a lull, as March depletion performance dragged down the three-month total.

Key Points: 
  • The first quarter of 2024 ended in a lull, as March depletion performance dragged down the three-month total.
  • The numbers for the latest 3-months (January - March 2024) are significantly softer with Spirits down -5.2% and Wine down -10.9%.
  • Wine and Spirits categories are currently underperforming expectations and have started the year in a slump.
  • At WSWA's Access Live held in early 2024, SipSource released the first spirits forecast in partnership with Kearney, VIP, and NIQ.

Pernod Ricard: Robust Performance With Improving Momentum in Q3

Retrieved on: 
Giovedì, Aprile 25, 2024
Retail, Restaurant, Bar, Food, Beverage, Wine & Spirits, Royal Salute, PR, Alcopop, Foreign exchange market, Travel, FX, Saint, International, Glenlivet, PRO, Pernod Ricard, Social group, Yeomen Warders, Share repurchase, Investment, YTD, Environment, Acquisition, Growth, AGM

This robust performance illustrates the strength of our diversified portfolio of premium international spirits and our broad-based geographic footprint covering mature and emerging markets.

Key Points: 
  • This robust performance illustrates the strength of our diversified portfolio of premium international spirits and our broad-based geographic footprint covering mature and emerging markets.
  • This strength largely mitigates the impact of slower performance in China, due to a difficult macroeconomic environment and in the US, as trade inventory levels are adjusted.
  • Dynamic results achieved notably in the Must Win Markets of India and Global Travel Retail and in Japan, Germany and Turkey, and improving momentum in Q3 in Spain, Brazil and South Africa.
  • The Group’s management believes these measures provide valuable additional information for users of the financial statements in understanding the Group’s performance.

BevNomad Supercharges Beverage Innovation with Distributor-Centric Brand Accelerator

Retrieved on: 
Mercoledì, Aprile 17, 2024
Restaurant, Bar, Other Retail, Wine & Spirits, Specialty, Natural Resources, Food, Beverage, Hemp, Other Communications, Digital Marketing, Retail, Marketing, Content Marketing, Communications, Wine, Silver, Risk, THC, Beer, City, Alcopop, Light, Noise, Multimedia

Innovation within the national beverage sector just got a dose of rocket fuel with the launch of BevNomad , a brand accelerator designed to streamline the entry of emerging and trending beverage products into new markets.

Key Points: 
  • Innovation within the national beverage sector just got a dose of rocket fuel with the launch of BevNomad , a brand accelerator designed to streamline the entry of emerging and trending beverage products into new markets.
  • View the full release here: https://www.businesswire.com/news/home/20240417877525/en/
    BevNomad Supercharges Beverage Innovation (Photo: Business Wire)
    The crew behind BevNomad’s disruptive accelerator is a leadership team boasting over 100 years in beverage supply chain, national beverage distribution, and beverage brand building - Steve Kwapil, John Giarrante, Chris Sellers and Tom Barthell.
  • Amidst the ocean of beverage brands today, BevNomad’s blend of agile brand creation and data-driven brand curation gives distributors and retailers a silver platter of what their beverage communities are looking for.
  • BevNomad has assembled the team and developed the infrastructure to power a pipeline of beverage innovation across the Top 100 Markets in the U.S.

The Only Thing More Impressive Than Superbird’s Packaging Is the Taste of What’s Inside

Retrieved on: 
Martedì, Marzo 26, 2024
Retail, Food, Beverage, Wine & Spirits, Alcopop, Tequila Sunrise, Agave, Multimedia, Liquor

Superbird’s mission is to be the best damn tequila cocktails that just happen to come in a can.

Key Points: 
  • Superbird’s mission is to be the best damn tequila cocktails that just happen to come in a can.
  • Superbird Tequila Cocktails ($11.99/4-pack) prove that bar-quality cocktails can indeed come out of a can.
  • Superbird Premium Tequila, Tequila Sodas and Tequila Cocktails can now be found in 38 states.
  • “We’re thrilled to introduce new, expertly crafted options for tequila fans with Superbird Tequila Sodas and Tequila Cocktails,” said Matthew Slosek, President of Superbird.

FDA Purchases XPS license - Developed by RCPE and Distributed by InSilicoTrials - as In-House Simulation Tool

Retrieved on: 
Giovedì, Aprile 4, 2024
Algorithm, DEM, Alcopop, Partnership, Discrete element method, Processor (computing), RCPE, Graphics processing unit, Publication, XPS, FDA, 3D printing

The FDA has recently purchased an XPS (eXtended Particle Simulations) license as an in-house simulation tool, reflecting a trend in the agency's engagement with advanced computational technologies.

Key Points: 
  • The FDA has recently purchased an XPS (eXtended Particle Simulations) license as an in-house simulation tool, reflecting a trend in the agency's engagement with advanced computational technologies.
  • XPS is a state-of-the-art Discrete Element Method (DEM) simulation software, developed by RCPE and distributed globally by InSilicoTrials through an exclusive partnership agreement.
  • XPS relies on advanced contact models to accurately describe the flow behavior of granular materials.
  • The collaboration u-sed XPS to predict Residence Time Distributions (RTDs), for the development of a flowsheet modeling framework based on reduced-order models.

FDA Purchases XPS license - Developed by RCPE and Distributed by InSilicoTrials - as In-House Simulation Tool

Retrieved on: 
Giovedì, Aprile 4, 2024
Algorithm, DEM, Alcopop, Partnership, Discrete element method, Processor (computing), RCPE, Graphics processing unit, Publication, XPS, FDA, 3D printing

The FDA has recently purchased an XPS (eXtended Particle Simulations) license as an in-house simulation tool, reflecting a trend in the agency's engagement with advanced computational technologies.

Key Points: 
  • The FDA has recently purchased an XPS (eXtended Particle Simulations) license as an in-house simulation tool, reflecting a trend in the agency's engagement with advanced computational technologies.
  • XPS is a state-of-the-art Discrete Element Method (DEM) simulation software, developed by RCPE and distributed globally by InSilicoTrials through an exclusive partnership agreement.
  • XPS relies on advanced contact models to accurately describe the flow behavior of granular materials.
  • The collaboration u-sed XPS to predict Residence Time Distributions (RTDs), for the development of a flowsheet modeling framework based on reduced-order models.

WSWA's SipSource Report Tracks 2023 Year-End Losses for Both Wine and Spirits

Retrieved on: 
Mercoledì, Febbraio 21, 2024
Wine, Growth, Noise, RTD, CPI, COVID-19, Drinking, Alcopop, Beer, White, Consumer, Liquor

WASHINGTON, Feb. 21, 2024 /PRNewswire/ -- Wine & Spirits Wholesalers of America (WSWA)'s SipSource, the only source for verified wine and spirits distributor depletion data that covers sales to hundreds of thousands of retailers across the country, yesterday released year-ending data for 2023. The Q4 2023 SipSource Report identifies year-end losses for both wine and spirits, individual category trends, demographic data, and explores commercial and consumer behaviors that contributed to the market's current state. The report focuses on data over a 12-month period (January 2023 to December 2023), predicts what consumer trends will bring for both the on- and off-premise in 2024, and gives short- and long-term insight and understanding for the industry's future.

Key Points: 
  • WASHINGTON, Feb. 21, 2024 /PRNewswire/ -- Wine & Spirits Wholesalers of America (WSWA)'s SipSource, the only source for verified wine and spirits distributor depletion data that covers sales to hundreds of thousands of retailers across the country, yesterday released year-ending data for 2023.
  • The Q4 2023 SipSource Report identifies year-end losses for both wine and spirits, individual category trends, demographic data, and explores commercial and consumer behaviors that contributed to the market's current state.
  • Combined wine and spirits depletion volumes were down -5.6% in 2023 with wine down -7.5% and spirits falling -3.6%.
  • The ready-to-drink (RTD) category across both wine and spirits was a rare bright spot of growth, with pre-mixed cocktails (wine) ending 2023 with +0.5% growth and pre-mixed cocktails (spirits) growing +6.3%.

Meet the Best Emerging Alcohol Brands: Sprout Beverage Accelerator Announces Winter 2024 Cohort

Retrieved on: 
Venerdì, Febbraio 16, 2024
Education, Investment, Marketing, Friends, Mentorship, Growth, Doce, MillerCoors, Honey, Michelin, Alcopop, User experience, Rococo, Failure, Liquor

CHICAGO, Feb. 16, 2024 /PRNewswire-PRWeb/ -- Sprout Beverage, InvestBev's invite-only, start-up accelerator for emerging adult beverage brands, announces the brands selected for its winter 2024 cohort. These brand founders will receive education, mentoring, and resources from experienced alcohol industry leaders to help them succeed in the highly competitive adult beverage industry.

Key Points: 
  • CHICAGO, Feb. 16, 2024 /PRNewswire-PRWeb/ -- Sprout Beverage , InvestBev's invite-only, start-up accelerator for emerging adult beverage brands, announces the brands selected for its winter 2024 cohort.
  • These brand founders will receive education, mentoring, and resources from experienced alcohol industry leaders to help them succeed in the highly competitive adult beverage industry.
  • "This is an amazing group of beverage founders from all over the world, and we're excited to help them make their mark in the adult beverage industry."
  • This is an amazing group of beverage founders from all over the world, and we're excited to help them make their mark in the adult beverage industry," said Brian Rosen, founder of Sprout Beverage.

Beam Suntory Announces Full Year 2023 Financial Results

Retrieved on: 
Venerdì, Febbraio 16, 2024
Retail, Specialty, Food, Beverage, Wine & Spirits, American whiskey, Proof Positive, International, Laphroaig distillery, Beam Suntory, Tesoro, Lemon sour, Responsibility, Growth, Sale, Suntory, Campari Group, Carbon, RTD, Jim Beam, Sipsmith, House, GTR, Corporate Equality Index, Certification, Alcopop, COVID, Good, Human Rights Campaign, Tequila, Environment

Beam Suntory, a world leader in premium spirits, today announced the company’s 2023 full year results, with net sales up 7% year on year and operating income up 13% versus 2022.

Key Points: 
  • Beam Suntory, a world leader in premium spirits, today announced the company’s 2023 full year results, with net sales up 7% year on year and operating income up 13% versus 2022.
  • The company continued to drive growth across key brands including Jim Beam and Maker’s Mark, and experienced strong demand for its award-winning Japanese whisky portfolio as the House of Suntory celebrated its 100th anniversary in 2023 with special limited-edition offerings.
  • “We are pleased with the results we delivered last year as our portfolio of brands – rooted in quality and craftsmanship – and our geographic diversity continued to benefit our business,” said Greg Hughes, President & CEO at Beam Suntory.
  • Beam Suntory remains focused on its premiumization strategy as it works toward its ambition to be the World’s Most Admired Premium Spirits Company.

Herbalife Reports Year-Over-Year Net Sales Growth in Fourth Quarter 2023

Retrieved on: 
Mercoledì, Febbraio 14, 2024
Vitamins, Supplements, Health, Fitness & Nutrition, Woman, Classic, Multimedia, Diet, Mineral, Term loan, Weight loss, Growth, Creatine, Vegetarianism, HLF, Exercise, Digital technology, Line of credit, Vegetable, Alcopop, RSP, Public expenditure, GBO, EPS, White chocolate, Consumer, Hand, Herbalife, Dietary supplement

Herbalife Ltd. (NYSE: HLF) today reported financial results for the fourth quarter and year ended December 31, 2023.

Key Points: 
  • Herbalife Ltd. (NYSE: HLF) today reported financial results for the fourth quarter and year ended December 31, 2023.
  • Herbalife reported full-year 2023 net sales of $5.1 billion, down 2.7% year-over-year.
  • For the year ended December 31, 2023, capital expenditures, including spending related to the Herbalife One digital technology platform, were approximately $135 million.
  • Fourth quarter 2023 net sales were $1.2 billion, up 2.9% year-over-year, marking the fourth consecutive quarter of improved year-over-year net sales trends.