Comments Off on Hennessy’s Progress Drives Cognac To New Heights In 2017
With market leader Hennessy firing on all cylinders, U.S. Cognac shipments surged last year, as volume and value both rose by double-digits. According to the Bureau National Interprofessionnel du Cognac (BNIC), exports to the U.S. grew by 11.5% to 82.6... Read more
Comments Off on Beam, Stoli Tussle Over Costello Appointment
Beam Suntory is taking aim at former executive Rudy Costello, who recently resigned to become chief commercial officer at Stoli Group USA, asserting Costello’s new role violates a non-compete agreement he signed with Beam in August of 2016. Beam claims... Read more
•Rémy Cointreau has posted organic net sales up 5.5% to €862 million ($1.1b) for the nine months through December, with growth driven by progress for its flagship Rémy Martin brand. Rémy Martin’s net sales grew 12% on an organic basis … Continue ... Read more
Comments Off on Craft Brewing and Distilling News for January 19, 2018
•The Lyft ride-sharing service is teaming up with Chicago’s Baderbrau Brewing to market a new beer brand called Five Star Lager. It will be sold in 12-ounce cans in local bars and will feature a discount code for as much … Continue reading →... Read more
Comments Off on Top Whiskies Extend Their Growth Streak In U.S. Market
With consumers eagerly exploring across multiple brown spirits categories, it comes as little surprise that 2017 was a strong year for the U.S. market’s major whisk(e)y brands. As the connoisseur set continues to seek out new upscale launches and limit... Read more
Comments Off on Deutsch Family’s Josh Cellars Crests 2 Million Cases
Deutsch Family Wine & Spirits’ Josh Cellars brand continues to soar, topping the 2-million-case mark on 51% growth in 2017, the company tells SND. Josh Cellars Cabernet Sauvignon is leading the way for the franchise, with its volume surpassing 1 &#... Read more
•Pernod Ricard has acquired the remaining minority stake in Avion Tequila that it didn’t already own. Pernod took majority control of Avion in 2014. Avion founder Ken Austin, president Jenna Fagnan and celebrity partner Jeezy will “remain highly involv... Read more
Comments Off on Craft Brewing and Distilling News for January 18, 2018
•St. Paul, Minnesota’s Summit Brewing Co. has released Dakota Soul, a Czech-style pilsner brewed with a locally sourced heritage variety of barley. The beer, a 4.8% lager made with Saaz and Loral hops, is the latest year-round addition to Summit’s R... Read more