Wine & Spirits

Provi Enhances Enterprise Beverage Management Solutions to Meet Growing Needs of National Chains

Retrieved on: 
Monday, February 26, 2024

Provi , the largest online marketplace for the beverage alcohol industry, today announced its latest product enhancements within its enterprise management solution.

Key Points: 
  • Provi , the largest online marketplace for the beverage alcohol industry, today announced its latest product enhancements within its enterprise management solution.
  • These advancements bolster the company’s suite of offerings, aiming to address the intricate demands of beverage ordering for national chains.
  • "We're constantly advancing our product and technology to meet the needs of our chain customers, delivering scalable solutions to optimize their beverage programs,” shared Dave Herman, Chief Product Officer, Provi.
  • With self-service beverage program management tools and on-demand reports, we are able to empower our customers with actionable insights into operational health and trends."

China's Liquor Circulation Giant Jiuxian Group: GMV May Reach 10 Billion, Leading the Reform of China's Liquor Industry

Retrieved on: 
Tuesday, February 27, 2024

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20240226212765/en/
    Jiuxian Group won the honor of "the first brand value of Chinese liquor circulation" in Huazun Cup for 8 consecutive years.
  • Behind this honor is Jiuxian Group's ultimate pursuit of quality, keen insight into market trends and accurate grasp of consumer demand.
  • Through the livestreaming, Jiuxian Group not only provided consumers with a more intuitive and vivid shopping experience, but also successfully won many leading livestreamers such as "Jiuxian Lafeige", "Jiuxian Liangge" and "Jiuxian Daliang".
  • In addition, in terms of marketing, Jiuxian Group has also made massive innovations and took the initiative to try.

Troy Aikman’s EIGHT Elite Light Lager Now Available in Oklahoma

Retrieved on: 
Monday, February 26, 2024

EIGHT Brewing Co. announced today that its distinctive EIGHT Elite Light Lager (EIGHT) is now available in Oklahoma.

Key Points: 
  • EIGHT Brewing Co. announced today that its distinctive EIGHT Elite Light Lager (EIGHT) is now available in Oklahoma.
  • As a result of that success, company leaders were able to identify the opportunity to expand into neighboring Oklahoma.
  • View the full release here: https://www.businesswire.com/news/home/20240226090643/en/
    EIGHT Elite Light Lager now available in Texas and Oklahoma (Photo: Business Wire)
    “I’m proud to bring EIGHT to Oklahoma – this is light beer made right,” said Aikman.
  • Consumers over 21 can visit eightbeer.com for an up-to-date list of where EIGHT is available in Texas and Oklahoma, and to keep up with news of future growth.

Ole Smoky Continues Their Reign as the Most Visited Distillery in the World

Retrieved on: 
Monday, February 26, 2024

Ole Smoky Distilleries , crafting moonshine, whiskey, and featuring daily tastings for visitors, were once again the most visited distilleries in the world in 2023.

Key Points: 
  • Ole Smoky Distilleries , crafting moonshine, whiskey, and featuring daily tastings for visitors, were once again the most visited distilleries in the world in 2023.
  • According to on-premise traffic counters, the four Ole Smoky Tennessee distillery destinations welcomed more than 5 million visitors last year, topping all their largest competitors by significant industry margins.
  • Founded in 2010, Ole Smoky is the first federally licensed moonshine distillery in East Tennessee with roots tracing back over 100 years ago.
  • “We at Ole Smoky are continuously proud of our status as the most visited distillery in the world,” said Robert Hall, CEO, Ole Smoky Distillery.

Global Spirit Glass Packaging Industry Analysis and Forecasts Report, 2023 and 2024-2029: Escalating Emphasis on Sustainability and Advancements in Glass Packaging Technology Gaining Traction - ResearchAndMarkets.com

Retrieved on: 
Friday, February 23, 2024

The global spirit glass packaging market was valued at US$38.03 billion in 2023 and is expected to reach US$50.94 billion by 2029, growing at a CAGR of approx.

Key Points: 
  • The global spirit glass packaging market was valued at US$38.03 billion in 2023 and is expected to reach US$50.94 billion by 2029, growing at a CAGR of approx.
  • Packaging made especially for holding and transporting spirits, such as beer, vodka, gin, rum, and whiskey, is known as spirit glass packaging.
  • The most popular type of spirit packaging is glass bottles, which are available in a variety of sizes and forms.
  • The global spirit glass packaging market is highly competitive and is dominated by several key players, operating on a regional and global scale.

The Duckhorn Portfolio to Report Fiscal Second Quarter 2024 Financial Results on March 7, 2024

Retrieved on: 
Thursday, February 22, 2024

The Duckhorn Portfolio, Inc. (NYSE: NAPA) (the “Company”) announced today that it will report financial results for the second quarter ended January 31, 2024, on Thursday, March 7, 2024, after market close.

Key Points: 
  • The Duckhorn Portfolio, Inc. (NYSE: NAPA) (the “Company”) announced today that it will report financial results for the second quarter ended January 31, 2024, on Thursday, March 7, 2024, after market close.
  • The Company will host a conference call to discuss these results at 1:30 p.m. Pacific Time (4:30 p.m. Eastern Time.)
  • Investors interested in participating in the live call can dial 833-470-1428 from the U.S. and 404-975-4839 internationally, and enter confirmation code 916175.
  • There will also be a simultaneous, live webcast available on the Company’s investor relations website at http://ir.duckhorn.com/events-and-presentations .

Sprinkles Goes Global with International Franchise Launch in South Korea

Retrieved on: 
Thursday, February 22, 2024

Leading the way in dessert innovation, Sprinkles is making waves on the international stage with its strategic franchise expansion into South Korea.

Key Points: 
  • Leading the way in dessert innovation, Sprinkles is making waves on the international stage with its strategic franchise expansion into South Korea.
  • Notably, these ventures are led by dynamic, women-owned franchise groups, exemplifying Sprinkles' commitment to empowerment and inclusivity.
  • Spearheading all franchise efforts, Brett Willis, Sprinkles Vice President of Development, says, “Sprinkles' legacy is rooted in creating moments of joy and celebration.
  • The international franchise expansion is a testament to our dedication to sharing these moments on a global scale.

TurnOnGreen Partners with Foxen Vineyard and Winery to Provide Electric Vehicle Charging for Guests and Employees

Retrieved on: 
Thursday, February 22, 2024

TurnOnGreen, Inc. (“TurnOnGreen” or the “Company”), announced today it has completed the installation and activation of multiple high powered EVP1100WG Level 2 electric vehicle (“EV”) charging stations at Foxen Vineyard and Winery (“Foxen”) in Santa Maria, CA.

Key Points: 
  • TurnOnGreen, Inc. (“TurnOnGreen” or the “Company”), announced today it has completed the installation and activation of multiple high powered EVP1100WG Level 2 electric vehicle (“EV”) charging stations at Foxen Vineyard and Winery (“Foxen”) in Santa Maria, CA.
  • The Company partnered with Foxen to provide EV charging services to their employees and guests at their tasting room and winery in Santa Barbara County.
  • In accordance with a Site Licensing Agreement ("SLA") between TurnOnGreen and Foxen, TurnOnGreen will assume ownership, operation, and maintenance responsibilities for the EV chargers for a term of five (5) years.
  • Foxen has a deep-rooted history of sustainability and environmental preservation practices that date back to the establishment of the winery.

Toast Announces Participation at Morgan Stanley Conference

Retrieved on: 
Wednesday, February 21, 2024

Toast (NYSE: TOST), the all-in-one digital technology platform built for restaurants, today announced its management team will present at the Morgan Stanley Technology, Media & Telecom Conference in San Francisco, CA on Tuesday, March 5, 2024 at 12:35 p.m. PST.

Key Points: 
  • Toast (NYSE: TOST), the all-in-one digital technology platform built for restaurants, today announced its management team will present at the Morgan Stanley Technology, Media & Telecom Conference in San Francisco, CA on Tuesday, March 5, 2024 at 12:35 p.m. PST.
  • A webcast of the company presentation will be available on Toast's Investor Relations website at https://investors.toasttab.com/overview/ .

Applebee’s® Brings Back $5 Tipsy Leprechaun and NEW Pot O’ Gold Daq-A-Rita Cocktails for St. Patrick’s Day

Retrieved on: 
Tuesday, February 20, 2024

Now for a limited time, guests can celebrate and raise a glass of the $5 Tipsy Leprechaun and the NEW $7 Pot O’ Gold Daq-A-Rita made with premium spirits.

Key Points: 
  • Now for a limited time, guests can celebrate and raise a glass of the $5 Tipsy Leprechaun and the NEW $7 Pot O’ Gold Daq-A-Rita made with premium spirits.
  • View the full release here: https://www.businesswire.com/news/home/20240220937989/en/
    Applebee's brings back the $5 Tipsy Leprechaun and NEW $7 Pot O’ Gold Daq-A-Rita cocktails for St. Patrick’s Day.
  • (Photo: Business Wire)
    A bright green clover cocktail, the Tipsy Leprechaun is a top shelf tea made with Jameson Irish Whiskey, melon liqueur, blue curaçao, premium lemon sour, lemon-lime soda, and a gold sugar rim.
  • Or strike gold with liquid luck and enjoy the NEW Pot O’ Gold Daq-A-Rita, a Patrón Silver margarita and Bacardi Superior Rum daiquiri blend with triple sec, mango and a gold sugar rim.