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Daily Archives: January 23, 2018

Holy $h!+ Goldman Downgrades Beer Stocks – Millennials Prefer Wine. CNBC

Goldman downgrades beer stocks because millennials like wine better Goldman Sachs downgraded Boston Beer Company and Constellation Brands because millennials consume more wine...

Urban Remedy Raises $17 Million.

Today, “ultra-fresh” food and beverage producer Urban Remedy announced it had closed a $17 million round of capital, with General Mills’ venture arm, 301...

Koloa Rum Unveils Inaugural Aged Hawaiian Rum.

KALAHEO, KAUAI, Hawaii, Jan. 18, 2018 /PRNewswire/ -- Hawaii's award-winning Koloa Rum Company has announced the launch of its first-ever Kauai Reserve Three-Year Aged Hawaiian Rum. Artfully crafted in single-batches at...

A Texas Vodka Tycoon Is The Father Of American Craft Distilling (2013).

“All I was trying to do was meet some girls,” admits Tito Beveridge on the phone from his distillery outside Austin. “I just thought that if...

Bacardi Buys Patron, at $5.1 Billion. Bloomberg.

Bacardi Ltd. is tapping into the fast-growing market for tequila by acquiring Patron Spirits International AG in a deal valuing the company at $5.1...

Leading Vodka Brands Reload To Take On Tito’s Challenge.

Even as consumers continue to gravitate toward brown spirits, vodka remains the spirits industry’s undisputed champion, accounting for roughly one-third of the total market. The...

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