Becle expects $80m hit from US tariffs
Mexican spirits heavyweight Becle has forecast a $80m impact to the business this year on the back of potential US…
Jose Cuervo
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Becle sees profits slide, dragged by US, Canada declines
Mexican spirits giant Becle saw profits plummet more than a fifth in its fourth quarter as it faced major dips…
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Six killed in Becle Casa Cuervo Tequila distillery tank explosion
An explosion at Becle's Casa Cuervo distillery in the town of Tequila, Mexico, has claimed six lives. A 500,000-litre tank…
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Will Trump’s import-tariff pledge cause headaches for drinks majors?
The 2024 US Presidential elections are due to be held on 5 November this year, where former President Donald Trump…
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Brown-Forman cuts forecasts amid rocky US spirits sector and Europe’s wine exporters struggle – Just Drinks’ week in data
Alongside our daily news coverage, features and interviews, the Just Drinks news team sifts through the week’s most intriguing data sets to bring you a roundup of…
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Becle shareholder urges Tequila producer to consider sale, merger
A US investment firm has delivered a letter to Tequila giant Becle urging the producer to increase shareholder value by…
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Proximo Spirits buys out Maison Villevert from Icon Spirits venture
Proximo Spirits has become the sole owner of Icon Spirits, the US group’s venture with Maison Villevert in Spain. Financial…
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Sales fall for Jose Cuervo owner after volume declines in US, Canada
Becle, the Jose Cuervo Tequila owner, has reported a drop in net sales for its second quarter after seeing volume…
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Becle eyes more North America Tequila growth
Jose Cuervo brand owner Becle is targeting “mid-single-digit growth” in its North America volumes in 2023, bolstered by continued favourable…
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Proximo Spirits’ Hangar 1 to close distillery site
Proximo Spirits’ Californian vodka brand Hangar 1 is to close its manufacturing facility and move production to an undisclosed partner…
