Wholesaler

Beam Suntory announces partnership with Boston Beer

Beam Suntory has announced a long-term strategic partnership with the Boston Beer Company that will bring iconic brands in some of the fastest growing alcoholic beverage categories. The collaboration will see tequila brand Sauza enter the ready-to-drink (RTD) category and Truly Hard Seltzer make their way into the bottled spirits segment. Sauza’s expansion into RTD format will leverage Boston Beer’s ...

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Suga firm support rate hits 35.9% low ahead of Olympics

Prime Minister Yoshihide Suga’s approval rating has fallen to 35.9%, the lowest level since taking office last year, a Kyodo News poll found on Sunday, adding to signs of public discontent in the face of the government’s determination to organize the Tokyo Olympics despite the coronavirus. pandemic. The disapproval rate rose to 49.8%, the highest on record for the Suga ...

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Exclusive news and research on the wine, spirits and beer sector

Senate Majority Leader Unveils Bill to End Cannabis Ban July 15, 2021 Senate Majority Leader Chuck Schumer, along with Senators Cory Booker and Ron Wyden, yesterday announced their bill to deprogram cannabis at the federal level. Called the Cannabis Administration and Opportunity Act, the legislation remains in draft form and will be circulated to Senate Democrats for comment and revisions ...

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Tokyo government backtracks merchant pledge not to sell alcohol to restaurants

An example of the pledge form that is submitted when applying for financial assistance from the Tokyo Metropolitan Government (Screenshot taken from the Tokyo Metropolitan Government website) TOKYO – The Tokyo Metropolitan Government has ordered liquor dealers to submit signed pledges that they will not do business with restaurants that violate its demand to stop serving alcohol if they wish ...

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CEO of Virtu: retail investors have never done better

Many are urging the SEC to consider changing the rules governing the routing of order flows, improving disclosure requirements and revamping the compensation of market participants for the services they offer, according to Doug Cifu, CEO of Virtu Financial. However, he expressed concern that the growing intensity of calls for reform is not only based on “false narratives and unsustainable ...

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Tonga’s raw sugar ‘famine’ set to continue through August

Tonga is experiencing a sugar famine that is expected to last another month. Containers of sugar due to arrive this weekend have missed sea links and will not reach Tonga until the end of August, according to an importer, who is still awaiting the arrival of his January order. Deliveries that previously took 6-8 weeks now take 5-6 months to ...

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Launch of a new “Free The Spirit” campaign to reduce the prices of British bourbon

Jim Beam, Maker’s Mark and Brown-Forman have teamed up with The Bourbon Alliance – distillers, restaurants and pubs, retailers, wholesalers and enthusiasts of American whiskey – to urge the British government to remove the 25% duty on imported American whiskey caused through a steel trade dispute. The Bourbon Alliance is a coalition of industry players whose livelihoods depend on the ...

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Report: Beer is booming in Michigan

(Watch this story Monday morning on WZZM TV 13) Michigan’s beer industry is a nearly $ 10 billion business, according to a recent report. The Beer Serves America report, written by the National Beer Wholesalers Association and the Beer Institute, found that Michigan’s brewing industry had an overall economic impact of $ 9.9 billion in 2020 and supported nearly 67,000 ...

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