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The distilled spirits sector remained resilient in 2022 despite a challenging external environment, achieving record market share and sales driven by continued consumer interest in premium spirits and the ongoing recovery of the hospitality industry, the Distilled Spirits Council of the United States (DISCUS) reported at its annual economic briefing for media and analysts.
The Distilled Spirits Council of the United States (DISCUS), Washington, D.C., released a new export report that
shows that U.S. spirits exports are gradually rebounding following the lifting of the EU and UK retaliatory tariffs on American whiskeys and other spirits categories.
The Marfa Spirit Co. launched its debut product: Chihuahuan Desert Sotol. Distilled from a plant growing wild in forest and desert climates throughout Mexico and the Western United States, sotol can be uniquely diverse and regionally specific, the company notes.
Cutwater Spirits welcomed the return of baseball on April 1 by releasing new co-branded canned cocktails while also increasing its in-stadium presence through partnerships with teams across the league.
A new study on the impact of the COVID-19 pandemic on craft distillers reveals that 41 percent of their sales evaporated — worth more than $700 million — and 31 percent of their employees have been furloughed. A significant portion of these losses was attributed to the shutdown of on-site sales from tasting rooms and other on-premise sales.
With so much difficult news to digest, it can be hard to find something to inspire a smile. However, the response from the spirits community not only got my chin up, but continues to amaze me each passing day.
Drake’s Organic Spirits announced plans to donate up to 1 million ounces of hand sanitizer to medical facilities, law enforcement personnel, EMTs and other first responders who answer emergency calls and place themselves in harm’s way.
The Distilled Spirits Council of the United States (DISCUS), Washington, D.C., launched a public education campaign to remind adults to keep hand sanitizer out of reach of children.