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 ...

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 ...

Ontario-based cannabis producer Canopy Growth saw sales decline 21% to C$403 million ($306m) in its fiscal year through March, with adjusted EBITDA registering a loss of C$350 million ($266m). The ...

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 ...

Southern Glazer’s Wine & Spirits has named Alan Wizeman as chief digital officer, in a move the company calls a strategic appointment reflecting its continued commitment to investing in digital and ...

•Four Roses, Little Book, Michter’s US*1 Toasted Barrel, Ardbeg Anthology, Parker’s Heritage, and newcomers from The Balvenie and Garrison Brothers are among the offerings featured in Whisky ...

•A new Old Forester 117 Series, The Latest A. Smith Bowman Cask Strength, and newcomers from Milam & Greene and Union Horse Distilling are among the offerings featured in Whisky Advocate’s latest ...

The California wine industry is in the doldrums as it faces three challenges at once: consumer spending on wine is declining, inventory is backed up in the sales pipeline, and there’s a glut of grapes ...