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LAS VEGAS, Feb. 18, 2026 /PRNewswire/ -- , , and  will become the ultimate playground to indulge and imbibe this fall with the debut of September 24 – 27. Hosted by MGM Resorts International, in collaboration with acclaimed experiential event agency a21 and sports management agency PRP, the inaugural beverage and spirits festival will span four center-Strip luxury resorts with programming designed to entertain, educate, and engage.

"DRINK Las Vegas is all about celebrating the innovators and leaders who are pushing the beverage world forward," said Ryan Abboushi, President of Entertainment for MGM Resorts. "We're bringing together incredible talent -- from global drink visionaries to chefs who truly honor the craft -- to spark conversations, share ideas and highlight the creativity happening in this space. We're excited to shine a spotlight on cocktail culture in a big way, and there's no better place to do it than at our resorts in Las Vegas."

DRINK Las Vegas will offer over 50 dynamic events across multiple venues designed for beverage and food enthusiasts at every level to explore the balance, craft, and synergy between drink and dish. The event will bring together renowned chefs, mixologists, sommeliers, celebrities, and top industry voices to celebrate modern beverage culture through education sessions, tasting experiences, and brand showcases, while serving as an international stage for innovation and setting a new standard for how beverage culture is celebrated.

Festival highlights will include:

  • A high-energy Opening Night Experience
  • Signature Tastings showcasing leading wine, spirits, and beverage brands alongside curated, chef-driven culinary moments
  • Intimate Dining Experiences featuring renowned chef cuisines paired with expert mixology
  • Signature Cocktail Events highlighting cutting-edge cocktail culture
  • Education Sessions, Panels, and Master Class Seminars led by industry leaders
  • Speakeasy Takeovers with unexpected pop-ups and late-night experiences throughout the city
  • VIP and Premium Experiences offering elevated access, exclusive programming, and curated moments

"Where else but Las Vegas," said Brett Friedman, CEO and founder of a21. "With our partners at MGM, we have identified that the liquor industry has an insatiable demand for a premium focused libation initiative, which combines an industry and trade emphasis with a consumer fusion to indulge in."

Additional details including ticketing, experiences, room packages, talent announcements and more will be announced soon. For more information, visit and follow along on Instagram at .

 
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NEW YORK, Feb. 18, 2026 /PRNewswire/ -- On The Rocks™ Bartender Created Cocktails, a leader in bar-quality ready-to-serve cocktails, is expanding its portfolio with the launch of the On The Rocks Jim Beam Whiskey Sour. For the first time in its decade-long history, the brand is introducing a cocktail crafted with the heritage and quality of the world's No. 1 bourbon, Jim Beam. This ready-to-serve whiskey cocktail is now available nationwide as a permanent offering, delivering a perfectly balanced blend of caramel, citrus and warm spices everywhere the bartender isn't.

Crafted for bottling by On The Rocks Global Ambassador and expert mixologist, Joaquín Simó, the On The Rocks Jim Beam Whiskey Sour captures the unmistakable smoothness and bold flavor of Jim Beam bourbon. Simply pour over ice to enjoy, and garnish with an orange wheel skewered with a maraschino cherry for an elevated, bar-quality cocktail experience.

"The whiskey sour is such an iconic American cocktail and what better whiskey to make it with than the most iconic American bourbon," said Simó. "The classic version is known for being perfectly balanced, and our On The Rocks Jim Beam Whiskey Sour delivers just that: bright citrus, warm caramel and subtle sweetness to round it out. Each sip invites you into the traditional world of bourbon making while delivering a modern spin."

"For more than two centuries, Jim Beam has been making bourbon the way it should be," said Freddie Noe, 8th generation master distiller for the James B. Beam Distilling Company. "Our mellow notes and approachable flavor are what bourbon lovers come to expect and what makes Jim Beam so perfect in cocktails. On The Rocks Jim Beam Whiskey Sour captures everything a cocktail crafted with Jim Beam should be: bold, balanced and timeless."

On The Rocks Jim Beam Whiskey Sour is available now nationwide as 375ml and 750mL at 20% ABV in ready-to-serve bottles. SRP: $12.99 and $24.99. For additional information about On The Rocks, please visit

 
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Agreement to represent Mott's® Clamato®, Snapple®, Tahiti Treat®, Hires® RTD brands in Canada 

TORONTO, Feb. 17, 2026 /CNW/ - Corby Spirit and Wine Limited's ("Corby") subsidiary, Ace Beverage Group Inc. ("ABG"), and Canada Dry Mott's Inc. ("CDMI") announced today that they have entered into an agreement, effective as of March 1, 2026, providing ABG the exclusive rights to represent certain CDMI ready-to-drink ("RTD") brands in Western & Central Canada provinces until August 31, 2029, subject to the terms of the agreement.

Under the agreement, ABG will represent CDMI's Mott's® Clamato®, Snapple®, Tahiti Treat®, and Hires® RTD brands in the provinces of Ontario, British Columbia, Alberta, Saskatchewan, and Manitoba. The CDMI portfolio offers a diverse portfolio of ready-to-drink beverages to satisfy every need, anytime and anywhere, including, the iconic Mott's Clamato RTD.

"We are looking forward to partnering with the CDMI team and to represent their portfolio of brands. The Bloody Caesar is widely considered Canada's national cocktail, with National Caesar Day celebrated on the Thursday before Victoria Day in May, and Mott's Clamato Caesar is the leading Caesar RTD. We plan to grow their RTD brands together with ours in the dynamic RTD category in Canada," added Cam McDonald, ABG's Chief Executive Officer. "We are excited to partner with one of North America's leading beverage companies. The CDMI portfolio of RTDs complements our current RTD portfolio perfectly, which, combined, shall make us the leading RTD player in Canada," said Florence Tresarrieu, Corby's President and Chief Executive Officer.

"RTD is no longer just about what's in the can -- it's about how brands show up in culture, in store and in moments that matter to consumers," said Chris McMahon, Vice-President, Ready-to-Drink & Commercial Sales at CDMI. "Consumer demand, regulatory frameworks and retail dynamics vary significantly by province, shaping how brands are discovered, activated and experienced in market. Winning in RTD increasingly depends on being close to those realities. Our new partnership with ABG was developed specifically to support this next phase of growth for our RTD portfolio".

 

 
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As Wales celebrates St. David’s Day, 1 March, Penderyn ushers in  bold new era for Welsh whisky with the release of landmark aged statements

Cask No. 1 plus a new IconsofWales No. 14 bottling, and nationwide events from Portmeirion to Mayfair, London

Penderyn Distillery, the driving force behind the Welsh whisky renaissance after a 100 year hiatus, is redefining the category in 2026 with a series of landmark releases and celebrations timed around St David’s Day.

Now having notched 25 years on its belt, Penderyn is unveiling a new chapter in Welsh whisky: the launch of its first official Aged Statement whiskies - and also the debut of Icons of Wales No. 14 - The Village, honouring “The Village” of Portmeirion’s 100th anniversary, and a national programme of tastings and events during Wales Week London.

Formal Launch of Penderyn Aged Statements

From February 2026, Penderyn will open exclusive online pre‑orders for its first formal aged releases, beginning with Penderyn Barrel No. 1 - a limited bottling of 420 bottles drawn from an original cask matured in a sherry butt and priced at £1200 per bottle. 

The range marks Penderyn’s formal entrance into fully matured age statements, which will follow in stages at 12, 21, and 25 Years with the 25 year old being released for preorder in February and the others for pre order in May.

This milestone builds on momentum created by Icons of Wales No. 13: Bad Wolf, which in 2025 introduced Penderyn’s first 10‑year‑old whisky, aged in Port barrels to mark Bad Wolf’s tenth anniversary. The release, which is now close to sold out, demonstrating global demand for older Welsh single malts and providing the foundation for a broader aged‑statement strategy.

Stephen Davies, CEO of Penderyn Distillery, said: “When Penderyn started 25 years ago, our ambition was clear: to bring back Welsh whisky and give it a voice on the world stage. We now have the depth of stock and maturity to do that with confidence. Our new Aged Statements are not about nostalgia - they’re about progression, patience, and pride.”

The Village and our aged whiskies together represent Welsh imagination and independence at their finest. 2026 isn’t just another milestone year - it’s the moment Welsh whisky truly comes of age".

The Village Icons of Wales No.14 launches in early March 2026 and is also available for pre order immediately.

The Village celebrates Portmeirion’s centenary - the architectural wonder designed by Sir Clough Williams‑Ellis in 1926, now one of Wales’s most recognisable cultural landmarks.

The whisky takes creative inspiration from the inspirational  architecture, natural environment as well as ‘The Prisoner’, the cult 1960s television series filmed in Portmeirion, whose surreal imagery and defiant spirit made “The Village” a global symbol of individuality. 

The release - a rich, complex single malt finished in an Amarone cask - continues Penderyn’s award‑winning Icons of Wales tradition, in which each bottling celebrates a defining moment or personality in Welsh culture. Previous Icons of Wales bottlings have paid tribute to Dylan Thomas, Owain Glyndŵr, and Bryn Terfel.

Coinciding with Wales’s national celebrations, Penderyn will host dual events for The Village and its Aged Statements: one amid the iconic backdrop of Portmeirion Village in North Wales, and another at The Whisky Shop, Piccadilly as part of Wales Week London.

Penderyn’s Year of Growth and Recognition

Penderyn enters 2026 on the back of record expansion and international acclaim. The company now operates three distilleries across Wales - in  Brecon Beacons  (Bannau Brycheiniog)  National Park (Penderyn), Llandudno, and Swansea Copperworks - with a combined capacity of 900,000 litres of alcohol per year.

Penderyn is well distributed in the UK with all the key multiple supermarkets and quality independent shops and exports to more than 50 countries, including the USA, Canada, France, Germany, China, Taiwan, and Japan. 

Its portfolio regularly earns global recognition, with more than 150 international awards to date - including multiple Gold Medals at the San Francisco World Spirits Competition, The Spirits Business, IWSC, and World Whiskies Awards.

Penderyn also remains a cornerstone of Welsh tourism: its visitor centres attract over 100,000 guests annually, making Welsh whisky one of the country’s most engaging cultural exports.

“Penderyn is proof that Welsh whisky has staying power,” added Davies. “We’ve evolved from a curiosity to a global brand rooted in quality and storytelling. As we celebrate St David’s Day, there’s never been a better time to raise a glass to what Wales can achieve.”

Celebrating Wales Across Portmeirion and London as part of Wales Week London 2026, Penderyn will showcase its new whiskies in select venues across Picadilly, Soho, and the City, with curated tastings, cocktail menus, and cultural tie‑ins highlighting Welsh craftsmanship and creativity.

Meanwhile, Portmeirion will host a weekend of festivities honouring the village’s centenary and The Village bottling, blending architecture, performance, and whisky in a celebration of Welsh identity and independence - themes long interwoven with both Penderyn’s story and The Prisoner’s legacy.

Welsh Whisky Comes of Age

Penderyn’s progress over the past two decades has shaped a recognisable movement within the UK spirits landscape. The distillery’s bespoke Faraday still system, developed exclusively for Penderyn, produces an exceptionally smooth and light spirit, defining the brand’s flavour profile and setting Welsh single malt apart from its Scottish and Irish counterparts.

Established in 2000 and officially first tasted by King Charles, then HRH The Prince of Wales in 2004, Penderyn revived a tradition dormant for over a century, demonstrating that Wales’s natural resources, craft heritage, and storytelling culture could translate into a distinctive whisky identity.

Now, after 25 years of dedication, Penderyn’s aged whiskies represent not just time passed but a promise fulfilled - a testament to Welsh persistence and precision.

 
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TORONTO, Feb. 11, 2026 /CNW/ - Corby Spirit and Wine Limited ("Corby" or the "Company") (TSX: CSW.A) (TSX: CSW.B), a leading Canadian manufacturer, marketer and importer of spirits, wines and ready-to-drink cocktails ("RTDs"), today announced its financial results for the fiscal second quarter ("Q2") and the six-month period ended December 31, 2025 ("H1").

Strong Q2 and record H1 results led by continued RTD business expansion (+28% and +37% in retail sales value year-over-year, respectively) and significant market share gains in spirits (outpacing the market +689bps year-over-year in Q2)

Q2 Revenue of $66.9 million (+9% year-over-year) and Organic Revenue1 +10%

Record H1 Revenue at $142.3 million (+12%) and Organic Revenue1 +13%

Q2 Adjusted Net Earnings1 at $9.1 million (+8%) (Reported +12%)

H1 Adjusted Net Earnings1 at $20.1 million (+8%) (Reported +11%)

Quarterly Dividend declared of $0.24 per share, an increase of +4.3%

FINANCIAL RESULTS

Q2 FY26 results: Revenue for the second quarter of fiscal 2026 was $66.9 million, reflecting strong growth of $5.3 million or 9% compared to the same period last year. Organic revenue1, which excludes the contributions in both the current period and the comparable period from non-core brands disposed in the second quarter of fiscal 2026, saw very dynamic growth of 10% compared to the prior year period owing to the following drivers:

  • Domestic case goods revenue of $53.4 million, up 12% compared to the prior year period. This growth was primarily led by the RTD business expansion following the route-to-market ("RTM") modernization in Ontario. In addition, Corby delivered value growth and market share gains in spirits, despite the spirits market declining on a year-over-year basis (see Market Trends section);
  • Commissions of $7.8 million, reflecting a decline of 8% year-over-year, with a strong comparable period in Q2 FY25 that reflected pipeline fill in new channels. These impacts were partially offset by favourable LCBO ordering patterns; and
  • Export case goods sales of $4.8 million, an increase of 25% compared to the prior year period, led by strong sales execution and renewed channel pipeline fill in strategic markets.

In the second quarter of fiscal 2026, marketing, sales and administrative expenses remain broadly stable at $18.4 million (+1%), reflecting purposeful investments behind key brands and ongoing diligent cost management.

Earnings from Operations and Adjusted Earnings from Operations1 totaled $13.8 million in the second quarter of fiscal 2026, representing year-over-year growth of 6% for both metrics. Strong revenue growth and diligent cost management was partly offset by an RTD-skewed portfolio mix and channel mix impacts on gross margin.

Adjusted EBITDA1 for the second quarter of fiscal 2026 was $17.3 million, an increase of 1% compared to the same period last year. The new representation agreement with Vinarchy, signed in the first quarter of fiscal year 2026, resulted in lower amortization of upfront fees relative to when the brands were owned by Pernod Ricard in the same period last year, resulting in an unfavorable year–over–year impact on Adjusted EBITDA1.

Net Earnings was $8.8 million and Adjusted Net Earnings1 was $9.1 million in Q2 FY26, an increase of 12% and 8% year-over-year, respectively.

H1 FY26 results: Revenue for the first half of fiscal 2026 totaled $142.3 million, an increase of $15.5 million or 12% compared to the same period last year, marking the highest H1 revenue reported in Corby's history. Excluding the impact from non-core disposed brands in both the current period and the comparable period, Corby delivered organic revenue1 growth of $16.5 million or 13%. This performance was supported by excellent sales execution, continued RTD business expansion, and enhanced shelf visibility for owned and represented spirits amid provincial trade measures: 

  • Domestic case goods revenue of $113.7 million, up 14% year-over-year. Factors supporting the strong revenue performance included the continued expansion of the RTD business, supported by significant spirits market share gains, in part owing to the removal of US-origin products in key provinces, and the cycling of the LCBO labour strike impact last year;
  • Commissions revenue was $16.0 million, reflecting a modest 1% year-over-year contraction, impacted by the represented wines portfolio lapping a higher comparison basis in H1 FY25 due to RTM modernization pipeline fill in that period; and
  • Export revenue totaled $9.7 million, an increase of 38% year-over-year, driven by new channel pipeline fill in strategic markets, as well as a strong recovery of shipments to the US and innovation launches in the UK.

Marketing, sales and administrative expenses were $38.5 million in the first half of fiscal 2026, an increase of $2.2 million, or 6% compared to the prior year period, significantly below Net Sales growth, reflecting ongoing diligent cost management. Those investments reflect continued support for the growing RTD business, brand-building initiatives, and strategic partnerships – notably the J.P. Wiser's multi-year Canadian partnership with the National Hockey League - while cycling a low comparison basis last year given the Ontario liquor board strike in that period.

Earnings from Operations and Adjusted Earnings from Operations1 totaled $30.3 million in the first half of fiscal 2026, increasing by 8% and 6% year-over-year, respectively. Strong revenue growth and diligent cost management was partly offset by an RTD-skewed portfolio mix and channel mix impacts on gross margin.

Adjusted EBITDA1 for the first half of fiscal 2026 was $37.6 million, an increase of 2% compared to the same period last year. The new representation agreement with Vinarchy, signed in the first quarter of fiscal year 2026, resulted in lower amortization of upfront fees relative to when the brands were owned by Pernod Ricard in the same period last year, resulting in an unfavorable year–over–year impact on Adjusted EBITDA1. Average annualized cash flows over the life of the agreements are expected to remain broadly consistent.

Corby reported Net Earnings of $19.0 million and Adjusted Net Earnings1 of $20.1 million in the first half of fiscal 2026, an increase of 11% and 8% year-over-year, respectively.

The Company continued to generate strong cash flow in the first half of fiscal 2026, with Cash Flow from Operating Activities totaling $37.0 million, an increase of $1.5 million or 4% year-over-year. Corby closed Q2 FY26 with a Net Debt / Adjusted EBITDA1 ratio (on a rolling 12-month basis) of 1.1x, an improvement over the prior quarter at 1.4x, illustrating the continued strengthening of its balance sheet. Corby recorded a dividend payout ratio1 of 57% over the last four quarters, reflecting its sustainable shareholder return policy and balanced capital allocation strategy.

Corby's President and Chief Executive Officer, Florence Tresarrieu, stated,

"Corby delivered another strong quarter in Q2, further strengthening the momentum we have built in the first half of the fiscal year. Our record H1 revenue and continued earnings growth attest to the strength and balance of our diversified portfolio, the ongoing success of our RTD expansion, and the disciplined commercial execution of our teams across the country. In a volatile and declining market environment, our team has responded with tenacity and resilience to capture significant incremental market share in both spirits and RTDs, highlighting the relevance of our strategy, the power of our partnerships, and Corby's ability to deliver strong performance irrespective of the market backdrop.

I am inspired by the strong foundation the organization has built and the results delivered. Looking ahead, our focus remains clear: to continue outperforming the market in a sustainable and profitable manner. We will achieve this through focused and diligent investments in our core brands, further accelerating our RTD business expansion, and unlocking new opportunities as the Canadian retail and regulatory landscape evolve, while remaining disciplined on costs. Signaling our continued confidence in the outlook ahead, the Board has approved an increase in our dividend this quarter of approximately 4%, our third announced dividend increase in less than 18 months.

I sincerely thank our employees, customers, and partners for their trust and dedication. Their unwavering commitment positions Corby uniquely to continue navigating industry complexity with agility, while building on our strong track-record of creating sustainable long–term value for our shareholders."

For further details, please refer to Corby's Management's Discussion and Analysis and interim condensed consolidated financial statements and accompanying notes for the three-month and six-month periods ended December 31, 2025, prepared in accordance with IFRS Accounting Standards, available on and .

MARKET TRENDS

In Q2 FY26, Corby delivered exceptional results in a weaker market impacted by changes in the beverage alcohol landscape in Ontario, further compounded by the British Columbia General Employees' Union (BCGEU) labour strike. While the overall spirits category declined 4% in value relative to the comparable period last year, Corby's spirits retail sales achieved value growth of 2%. Corby's total represented spirits (including PR spirits) have now outperformed the Canadian spirits market in value for thirteen consecutive quarters. Corby RTDs2 increased 28% in value in Q2 FY26 compared to the same quarter last year, significantly outperforming the overall RTD2 category, which grew 11% in value, as the category continues to be shaped by evolving consumer preferences and expanded distribution points in Ontario.

In the last twelve months ended December 31, 2025, Corby spirits posted 2% value growth year-over-year in a spirits market that declined 4%, and Corby RTDs2 were dynamic, increasing 28% in value year-over-year, also significantly outpacing the RTD market, which grew 12% year-over-year. This outperformance reflects the strength of Corby's diversified product portfolio, local brand resonance, excellent sales execution and continued innovation success as well as its sustained ability to successfully navigate a shifting retail landscape and ongoing supply and labour disruptions coast-to-coast.

QUARTERLY DIVIDEND

The Corby Board of Directors is pleased to declare a regular quarterly dividend of $0.24 per Voting Class A Common Share and Non-Voting Class B Common Share of the Company, an increase of $0.01, or +4.3% from the previous quarterly dividend of $0.23 per share. This dividend is payable on March 11, 2026, to shareholders of record as at the close of business on February 25, 2026. The Board of Directors assesses the dividend on a quarterly basis. Previous to this announcement, the quarterly dividend was last increased concurrent with the release of Q2 FY25 results.

QUARTERLY CONFERENCE CALL

Corby management will host a conference call on Thursday, February 12, 2026, at 9:00 a.m. (EST) to review and discuss the financial and operational results for the Q2 and H1 FY26 periods. Corby welcomes stakeholders, investors, and other individual followers to access the conference call by dialing 1-437-900-0527 or toll free 1-888-510-2154 before the start of the call, or by joining via webcast at. Following the conclusion of the call, a playback of the conference call will be available for 7 days by calling 289-819-1450 or 888-660-6345 and entering passcode 61911 #. A replay of the webcast will also be posted on Corby's website under the "Investors" section at .

 

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