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Archive for August, 2016

China’s Consumers Flock To Imported Wines

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Imported wines are booming in China, up 44% to 62 million cases last year, according to Impact Databank. “Consumers who used to drink local Chinese wines are starting to buy imports,” says Bruno Baudry, CEO of Suntory-owned importer ASC Fine … Continue reading

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News Briefs for August 19, 2016

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•Brown-Forman is releasing Old Forester 1920 Prohibition Style whiskey. Rolling out nationwide in September, the new entry is based on Old Forester’s Prohibition-era recipe, which was barrel strength and produced as a medicinal whiskey. The 115-proof offering will retail at … Continue reading

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Craft Brewing and Distilling News for August 19, 2016

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•Paso Robles, California’s Firestone Walker Brewing is rolling out its seasonal Oaktoberfest in a new canned format. The Märzen-style beer is brewed with German-sourced ingredients such as Vienna and Pilsner malts and Hallertau Tradition hops. Oaktoberfest is available in four-packs … Continue reading

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Jack Daniel’s, Tito’s Race for Top Spot in IRI Channels

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Summer is typically one of the best seasons for spirits, and we recently got our hands on the IRI data that encompasses most of it. The Top 100 brand ranking didn't hold too many surprises--the usual suspects like Jameson, Tito's and Hennessy are still... Read more

The Wine Institute to close Hong Kong office in global restructuring

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The Wine Institute is to close its Hong Kong office and move Asia operations to China as it enacts a new strategy to divert diminishing funds into wine's emergent nations. Read more

California’s Wine Institute to shutter UK office

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California's wine trade body, The Wine Institute, is to close its UK office after "severe cuts" to its government funding. Read more

Treasury’s Profit More Than Doubles On Premiumization, Diageo Deal

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While everyone in the drinks business talks about premiumization, perhaps no one has more effectively implemented a premiumization strategy than Treasury Wine Estates CEO Michael Clarke. Since Clarke took the helm of the then-ailing TWE in early 2014, the Australian … Continue reading

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News Briefs for August 18, 2016

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•Domaine Tempier, the flagship estate in France’s Bandol appellation, has purchased Domaine de la Laidière, a nearby estate located in the town of Évenos, from the Estienne family. The purchase, completed in late June, includes both vineyards and inventory. La … Continue reading

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Craft Brewing and Distilling News for August 18, 2016

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•Duvel Moortgat has appointed longtime Boulevard Brewing CFO Jeff Krum as president of its U.S. business. Krum replaces Simon Thorpe, who will remain with the craft brewer in an advisory role until the end of this month. Duvel Moortgat USA … Continue reading

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Treasury Wine Estates’ FY Performance by Region – Focus

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Today, Treasury Wine Estates (TWE) said its full-year net profits more than doubled, with net sales jumping by 20%. Here, just-drinks takes a closer look at the Australian-headquartered company's performance by region: Read more