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 ...

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 ...

October was a monster month for whisky auctions: It’s the fourth month of the year where the 20 highest single bottle hammer prices exceeded $1 million, joining April, June, and July. The year’s ...

In case you missed yesterday’s news alert, Pernod Ricard USA has appointed industry veteran Paul Basford as chief commercial officer, reporting to Conor McQuaid, chairman and CEO of Pernod Ricard ...

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 ...

•Riboli Family Wines is launching two new high-abv sweet wines within its San Antonio Wines portfolio. Continue reading → ...

Wine Spectator is kicking off its annual countdown of the Top 10 wines of the year today, leading up to the release of its full Top 100 Wines of 2024 list. Continue reading → ...

•Bordeaux grapegrowers are planning to tear out almost 23,500 acres of vines—and they’re thrilled. Continue reading → ...