-
Patron Founder John Paul DeJoria Knew Nothing About Alcohol At Launch, Company Sold For $5.1 Billion Years Later
Wednesday, November 1, 2023 - 12:38pm | 779Advice for entrepreneurs and investors often times calls for people to follow sectors and areas they have experience in or an interest in. That advice didn't turn out to be true for one entrepreneur who became successful in a field he knew nothing about. What Happened: The alcohol and beer sectors...
-
Bud Light Boycott Impact: King Of Beers Owner Dethroned As Top-Selling U.S. Beer Brand
Wednesday, June 14, 2023 - 7:20pm | 853A boycott that gained steam on social media and within certain political circles has had a large impact on the sale of a key product for a public company. Here’s a look at the impact of the Bud Light boycott and what’s happening to the U.S. beer market. What Happened: Controversy...
-
Elon Musk Calls Alcohol Poison But Shares This In Common With Bill Gates
Wednesday, March 1, 2023 - 8:10pm | 761A Twitter thread about eliminating alcohol consumption by entrepreneur and investor Marc Andreessen caught the attention of Elon Musk. Here’s what Musk had to say about alcohol and how Bill Gates factors into the sector. What Happened: Elon Musk and Bill Gates might have something in common...
-
Well This Is Awkward: 2022 World Cup Bans Beer Sales — And This Beer Sponsor Might Not Be Thrilled
Friday, November 18, 2022 - 1:40pm | 872The 2022 World Cup has officially kicked off with matches to start on Nov. 20. The event will be hosted by Qatar, a country that counts the majority of its population as Muslim. A major sponsor of the World Cup could be left with a big decision days before the event with its key product now...
-
Move Over Hard Seltzer: Could Jack And Coke Be The Next Hot Canned Beverage?
Monday, June 13, 2022 - 11:41am | 682One of the most iconic and well-known mixed alcoholic beverages of all time is set to enter the ready-to-drink category thanks to a partnership between two historic beverage companies. Here are the details. What Happened: Beverage giants Coca-Cola (NYSE: KO) and Brown Forman Inc (NYSE: BFA)(NYSE:...
-
Hennessy Announces First NFT Collection: What You Need To Know
Monday, January 10, 2022 - 9:20am | 450A spirits brand is the latest company to enter the non-fungible token space. Here’s how you can get your hands on a Hennessy NFT. What Happened: Hennessy, a company owned by Moet Hennessy Louis Vuitton SE (OTC: LVMUY), is launching its first ever NFTs at 9:30 a.m. Wednesday, Jan. 12. The...