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Dec. 21, 2024
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Food and beverage

For first time in 45 years, spirits surpass wine in sales: report

February 14, 2024

Last year marked the first time in 45 years that spirits surpassed vino in sales. Image credit: LVMH/Cloudy Bay Last year marked the first time in nearly half a century that spirits garnered more sales than wine, though top-tier growth is changing the segment's outlook. Image credit: LVMH/Cloudy Bay

 

By Emily Iris Degn

The U.S. wine industry concluded 2023 with mixed results, but the high-end sector saw some gains.

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  1. Accor developing Sofitel Diamond Crown Hai Phong in Vietnam
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  3. Estée Lauder Cos. establishes new fragrance innovation hub in Paris
  4. Luxury Unfiltered: Hermès and Patek Philippe prove trust is the true luxury
  5. Off the Cuff: A Q&A with Aston Martin's Marek Reichman
  6. The RealReal opens retail location in Houston
  7. BMW models top luxury auto shopper poll, Tesla slides
  8. BMW sets record with funds raised for education at playoff event
  9. Leading with pedigree, Range Rover promotes plug-in SUV
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