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Tilray Brands Cuts Jobs Within Beverage Division

Tilray Brands Cuts Jobs Within Beverage Division

Tilray Brands has restructured its workforce and cut “a limited number of employees across various departments,” the company confirmed to Brewbound.

Constellation Brands Revises Guidance, Will Take Impairment on Wine & Spirits Biz

Constellation Brands Revises Guidance, Will Take Impairment on Wine & Spirits Biz

Constellation Brands has revised its 2025 fiscal outlook amid ongoing struggles in its wine and spirits business and consumer headwinds. The company revised its wine and spirits net sales projections for its wine and spirits business from between -0.5% and +0.5%, to between -6% and -4%. The importer of Mexican brands Corona, Modelo, Pacifico and Victoria also ticked down its beer projections from between +7% and +9%, to between +6% and +8%.

How Gin & Juice Aims to Leverage Snoop and Dr. Dre For A Gin Revival

How Gin & Juice Aims to Leverage Snoop and Dr. Dre For A Gin Revival

Ready-to-drink products have built their brands around different cocktails: Some are sessionable seltzers or old classics, others are obscure cocktails that haven’t yet hit mainstream. But Gin & Juice By Dre and Snoop, so far, is the only one that has emerged from a ’90s rap anthem.

A Round With DESTIHL Founder & CEO Matt Potts

A Round With DESTIHL Founder & CEO Matt Potts

In the latest edition of the Brewbound Insider exclusive A Round With Q&A, DESTIHL founder and CEO Matt Potts shares the opportunities these partnerships create, what he’s learned from these deals and how growth can also lead to challenges.

NIQ: Fourth Category Products Reach $13 Billion

NIQ: Fourth Category Products Reach $13 Billion

Ready-to-drink (RTD) products surpassed $13 billion in off-premise sales in the 52-week period ending July 13, up +4% year-over-year (YoY), according to a mid-year report from market research firm NIQ.