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Dec. 22, 2025
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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. Louis Vuitton introduces Visionary Journeys Seoul
  2. Savannah College of Art and Design debuts SCAD LUXE research center
  3. Kering to acquire jewelry manufacturer Raselli Franco Group
  4. Ennismore picks Bangkok site for first-in-region SLS Residences
  5. Exclusive Resorts purchases Inspirato for $59M
  6. Luxury Unfiltered: Why the best luxury experiences look exactly like the worst ones (on paper)
  7. Dolce & Gabbana debuts Devotion fragrance film
  8. Nordstrom ignites gifting spirit with ‘Oh, What Fun!’
  9. Longines announces latest Ambassador of Elegance
  10. Dolce & Gabbana introduces advent calendar this season
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