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10
AprNews Briefs for April 10, 2018
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•Moët Hennessy posted a sales increase of 10% on an organic basis to €1.2 billion ($1.5b) for the three months through March, representing its fiscal first quarter. However, currency exchange cut into the drinks giant’s results, with sales flat on R... Read more
10
AprCraft Brewing and Distilling News for April 10, 2018
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•Portland, Oregon’s Widmer Brothers Brewing is set to relaunch Green & Gold Kölsch as its summer seasonal. The 5.2%-abv ale is brewed with Magnum and Hallertau hops from a recipe developed by Cider Riot! cidermaker Abram Goldman-Armstrong. Widmer p... Read more
09
AprVintage Point’s New Brand Additions Drive Portfolio Gains
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After adding a handful of strong brands to its lineup over the past year, California-based Vintage Point now has annual volume of around 350,000 cases. Vintage Point president David Biggar tells SND that the portfolio has also been in the … Conti... Read more
09
AprNews Briefs for April 9, 2018
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•Luxury Tequila Casa Dragones has welcomed a new lead investor, aligning with Chicago-based BDT Capital Partners. Under the partnership, for which financials weren’t disclosed, BDT will own a majority of Casa Dragones. The upscale Tequila producer’s co... Read more
09
AprCraft Brewing and Distilling News for April 9, 2018
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•Craft beer exports grew by 3.6% in 2017 to around 480,000 barrels valued at $125 million, according to the Brewers Association. Exports increased by 7.4% in Asia (not including Japan), 2.6% in Japan, and 1.3% in Western Europe. Canada remains … ... Read more
06
AprGonzález Byass Sharpens U.S. Focus Following Key Acquisitions
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After increasing its presence in recent years through a mix of organic growth and acquisitions, González Byass USA is refocusing its portfolio on a number of key brands that it expects to drive further gains looking ahead. This year, the … Contin... Read more
06
AprNews Briefs for April 6, 2018
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•In case you missed the news alert yesterday afternoon, Foley Family Wines has acquired the fast-rising Acrobat brand from Oregon-based King Estate for an undisclosed sum. Retailing at $13-$20, Acrobat was up 10% to 156,000 cases last year, according t... Read more
06
AprCraft Brewing and Distilling News for April 6, 2018
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•Colorado’s Left Hand Brewing Co. has released Juicy Goodness, its latest year-round offering. The 5.5%-abv golden ale is brewed with Azacca and Ekuanot hops, and dry-hopped with Mosaic hops for a medium bodied beer characterized by tropical and citrus... Read more
05
AprNews Alert: Foley Acquires Rising Acrobat Label From Oregon’s King Estate
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Foley Family Wines has acquired the fast-rising Acrobat brand from Oregon-based King Estate for an undisclosed sum. Retailing at $13-$20, Acrobat was up 10% to 156,000 cases last year, according to Impact Databank. The majority of Acrobat’s volume come... Read more
05
AprWhisky Advocate: China Prepares To Wage War On American Whiskey
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Tucked among a list of 106 U.S. products—including global commodities like corn and soybeans, passenger vehicles, frozen animal heads, and cryptic-sounding chemicals—the sight of “whiskies” surely caused hearts to sink across Kentucky. Yesterday, short... Read more
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