2026 to be “transition year” for Becle, CFO says
Becle's CFO has said 2026 will be "a transition year" for the spirits major following changes to its distribution network…
Jose Cuervo
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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…
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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…