June 9, 2025

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Diplomático and Gin Mare Expected to Boost Brown-Forman Growth

Despite tequila sales that declined 12%, Brown-Forman CEO Lawson Whiting highlighted newer portfolio additions as key growth drivers during the company's fiscal 2025 earnings call. Gin Mare, acquired in 2022, showed 1% organic growth despite facing challenges in Italy during a distribution transition.

Diplomático rum delivered double-digit growth driven by France, Germany, and travel retail, positioning itself as the world's third-largest super-premium rum by value. The Venezuelan brand, acquired in January 2023, operates in over 100 countries.

Innovation also remains a priority with Jack Daniel's Tennessee Blackberry launching this summer and two New Mix flavors (Paloma and Cantarito) expanding the successful RTD brand that grew 13% and surpassed 11 million cases.

Most Consumers Prefer to Buy Alcohol in Person

Source: Emarketer

Spirit Makers Face a Cocktail of Challenges — From Tariffs to Teetotalers

Source: CNBC

Why Nonalcoholic Beer Is on Track to Become the World’s Second-Largest Beer Category

Source: MSN

FTC's Robinson-Patman Case Against Pepsi Goes Flat. Will Its Push for RPA Enforcement Fizzle Out?

Source: Lexology

Wilding Brands Acquires Denver’s Station 26 Brewing

Source: Craft Brewing Business

Park Street University is pleased to announce the lineup for another year of its Seminars for Drinks Entrepreneurs at Bar Convent Brooklyn on June 9-11, 2025.

This year, our seminars will cover topics like creating an effective brand story, finding success through distribution and retail partnerships, and the state of the spirits industry with speakers from Diageo, RNDC, Teremana Tequila, and many more.

Coppa Cocktails Launches Canned RTDs

Source: The Spirits Business

Hawk’s Rock Distillery Releases First Irish Whiskey Expression

Source: Fred Minnick

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Nielsen U.S. data shows that 80% of dollar growth in spirits over the last 12 months came from 375ml and 50ml formats.

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