Beyond Marketing: LRQ HOUSE Reports That CWSpirits.com Acquisition Poised To Transform Them Into An Alcohol E-commerce Powerhouse
Published by
Benzinga
Benzinga
Wine and spirits purchases online have been growing ever since the pandemic when people had no choice but to turn to e-commerce to get their adult beverages. That hasn’t changed since then, with online alcohol sales predicted to grow 20.58% from now through 2027, reaching $20.48 billion. LQR House Inc. (NASDAQ: LQR), the marketing agency specializing in the spirits and beverage industry, plans to capitalize on that demand. It just inked a deal to acquire www.cwspirits.com, a leading wine and spirits connection with more than 125,000 customers in the U.S. It’s the first acquisition of a platform f…