Plus, a podcast deep dive on RNDC ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ 
 
 
BevnetJuly 03, 2025
SPIRITS NEWSLETTER
The latest news & insights for the spirits industry.

IN THIS ISSUE

Welcome back to the BevNET spirits newsletter! This week we’re chatting with the CEO of Cheeky Cocktails about fundraising in the time of adult-non alc’s rise. 

What insiders are reading: Check out how RTDs are faring this summer and the new canned cocktails on the market.

Thanks for reading.

-BevNET spirits editor, Ferron Salniker

 

🔥Hot Take

Beyond Alc or Non-Alc

Beyond Alc or Non-Alc

Mixers sit at an odd place in the ever-evolving beverage industry. Last year, sales in mixers dipped alongside the rise in adult non-alc sales. In turn, mixer brands have positioned themselves as elevated zero-proof options and cocktail ingredients – sometimes they have even tried their luck in the ready-to-drink aisle.

Cheeky Cocktails is one of those premium mixers on the market. Founded in 2020 by bar industry veteran, April Wachtel, Cheeky offers high-quality, all real ingredient mixers and syrups that make labor intensive cocktails easier for both bars and consumers. She went for broad utility – her collection helps make 28 of the top 50 cocktails in the world – and things like the espresso syrup, lime/lemon juices, simple syrup and agave syrups are the top sellers. 

Those products require zero explanation to on-prem accounts, where on a national scale Wachtel has found a good fit. Retail chains, however, have also been picking up the product this year, illustrating that the RTDs have not completely killed the at-home cocktail. 

As Wachtel works to close a $1 million round with nearly half in the bag, the question she’s faced with from investors these days is where does Cheeky fit between vice or not vice (alc or non-alc)? Her answer is less focused on the trends and more on the evergreen: that food and beverages are always at the forefront of how we celebrate. The question should really be how are consumers celebrating? In the case of Cheeky’s mixers, do they want to try creating something new, have a passion for DIY, want to share a creation with someone, and does this product facilitate connection during that occasion? 

If we apply that theory to Gen Z it also helps us move beyond the blanket statements about whether the kids are or drinking or not, and more into discovery about what rituals – that yes, may take place online as well – are important to consumers. 

 

📇RECENT HEADLINES

🎥Casamigos Launches RTD

The O.G. celebrity tequila has made its way into canned cocktails. George Clooney’s Casamigos announced Monday the launch of Casamigos Margaritas, its first ever ready-to-drink (RTD) product. Since Diageo bought the business in 2017, Casamigos has been one of the fastest growing spirit brands until recent years, when competition in high-end tequila began to restrain its growth (a class-action lawsuit against it may also bode poorly for the company). Now, Casamigos is clearly looking to boost sales by leveraging its name in the crowded canned margarita space. Could the move spell trouble for indie players? Read the full story on BevNET for more.

 

🎤Rum, Rhythm & Retail: Casalú Aims to Be The ‘Latino High Noon’

Armed with a rum and soda in flavors of Límon and Maracuya (passion fruit – otherwise known as the “gateway drug” of flavors to new Latino RTD drinkers), Casalú has made its way into major chains by pitching itself as the Latino version of the number one spirits-based RTD. But that’s not the whole picture, we chatted with the Latino Gen Z founder on how the brand seeks to represent a modern generation of Latinos in the ready-to-drink space. Read more.

 

🍹Trillium Rolls Out First Spirits-Based RTDs

Half a decade after wading into distilling, Massachusetts-based Trillium Brewing is diving into the ready-to-drink (RTD) canned cocktail segment. Rum Punch and Margarita, the first offerings from the new RTD line, launched Tuesday (July 1) at Trillium’s locations in Canton and Boston. Trillium invested in a “multi-million dollar distillery expansion” last year at its Canton campus, making it one of the largest spirits production hubs in the Northeast. Read how the company is now getting into RTDs.

 

🫡Tip Top Cocktails Names New CEO to Lead ‘Next Phase’

Tip Top Proper Cocktails is shaking up its leadership. The canned cocktail company has named chief sales officer Nick Reely as its new CEO, effective July 1. Current CEO and co-founder Yoni Reisman will step away from day-to-day operations and move into the newly founded board as its chairman. Read what’s next for one of the top 25 canned cocktails.

 

💥Deep Dive: California’s Distribution Shakeup and the RNDC Fallout

With Republic National Distributing (RNDC) winding down distribution operations in California, I hopped on the Brewbound podcast with Dave Infante, founder of the Fingers boozeletter, to look back on how one of the top distributors in the country’s California business crumbled, the effect on smaller bev-alc producers in RNDC’s book and the trickle-down effect on craft producers. Listen.

 

📈NIQ: Economic and Health Concerns at Play in Moderating Bev-Alc Trends

Consumers’ embrace of moderation when it comes to beverage-alcohol is well documented, but their reasons for doing so are varied, according to research from insights firm NIQ .The reasons why were nearly equally split among survey respondents who claimed they are drinking less than they were last year:

  • 36% said they are trying to save money;
  • 34% said they are going out less;
  • And 30% said they are “trying to be healthier.”
 Insiders can access the full story for a complete understanding of the current consumer dynamics.
 

📖 WHAT WE'RE READING

“What Gen Z Really Wants From Alcohol Brands”

There’s a bunch in this Vogue article we already know about Gen Z, but there are a few great points about how the alcohol industry can take cues from fashion and entertainment, “positioning itself as a cultural accessory rather than a vice,” and how successful brands plays embrace Gen Z’s fondness for irony and niche cultural crossovers. Also, RTDs are referred to as the David Bowie of alcoholic drinks, mutating with every decade, which based on my recent vintage score of a Bacardi Breezer-sponsored t-shirt from Gloria Estefan’s 1992 “Into The Light” tour rings true. Read the article.

 

🙊LOL

Happy long weekend, beware of the startenders!
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