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Archive for May, 2016

Wine Spectator: Silicon Valley Investment Firm Buys Majority Stake In Napa’s Far Niente Wine Estates

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Private equity firm GI Partners has bought a majority stake in Napa’s Far Niente Wine Estates, which includes the Far Niente winery, as well as sister brands Dolce, Nickel & Nickel, EnRoute and Bella Union, Wine Spectator has learned. Beth … Continue reading

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Biagio Cru Expects Big Year For “Hot Brand” Lolailo Sangria

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New York-based importer Biagio Cru & Estate has earned four consecutive Impact “Hot Brand” awards for its Lolailo Sangria, which has grown by more than 70% over the past three years. Coming off last year’s 13% increase to 580,000 cases, … Continue reading

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Scotch Exports Down Again, But Performance Improving

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Scotch whisky exports to the U.S. continued to decline in 2015, but the dropoff was less steep than in the previous year. Scotch shipments to the U.S. were down by 1.8% to 9.05 million cases last year, according to the … Continue reading

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Wine Spectator: Jackson Family Wines Buys Sonoma’s Copaín

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Jackson Family Wines is continuing its Pinot Noir buying spree, acquiring the Sonoma winery Copaín, Wine Spectator reports. The sale includes the brand and inventory but no winemaking facilities or vineyards. The purchase price wasn’t disclosed. Copaín, founded by winemaker … Continue reading

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News Briefs for May 17, 2016

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•Kobrand Corporation is launching Masi Agricola’s Rosa dei Masi rosé in the U.S. market. Produced in Italy’s Veneto region, Rosa dei Masi is made with 100% Refosco grapes and created using Masi Agricola’s proprietary version of the appassimento method, in … Continue reading

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Craft Brewing and Distilling News for May 17, 2016

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•Brooklyn craft spirits brand Barrow’s Intense Ginger Liqueur is projecting an increase in sales as it continues to expand its distribution territory. Retailing at $32 a 750-ml. and $20 a 375-ml., the 22%-abv ginger liqueur—which has a sales and marketing … Continue reading

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The British Bottle Co teams up with Vine Street Imports for US roll out

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British drinks company The British Bottle Company has partnered Vine Street Imports to launch a range of UK drinks brands across the US. Read more

KyMar Farm Distillery launches whiskey made from beer mash

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KyMar Farm Distillery, Charlotteville, N.Y., announced the development of a whiskey made from a beer mash. The new product will be available Sept. 1 in 375-ml bottles. Read more

Premiumization Not all Rainbows and Butterflies

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Premiumization has been a hot topic in the wine industry "as the most important trend in the US market." Although most in the industry would agree the trend is largely a good thing for the wine business, it has also exacerbated some tensions worth talk... Read more

JFW Buying Spree Continues

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It's only been a month since the announcement of the Penner-Ash acquisition, and the buying spree continues for Jackson Family Wines (JFW). The Santa Rosa-based winery is set to buy Copain Wines in Healdsburg, though the specific terms of the agreement... Read more