Comments Off on Pernod Ricard’s U.S. Sales Rise 4% In First Fiscal Quarter
Pernod Ricard posted a 4% organic sales increase in the U.S. in its fiscal first quarter ended in September as strong growth for Jameson continues to drive progress. Jameson was up by double-digits for the quarter, even as Pernod raised … Continu... Read more
Comments Off on Hennessy Unveils New Bottling Facility Aimed At Bolstering Supply
LVMH’s Hennessy has opened its new bottling facility and announced plans to address its Cognac shortage. The company’s new 280,000-square-foot Pont Neuf facility will allow the brand to bottle an additional 20,000 nine-liter cases a day, which will giv... Read more
Comments Off on Sazerac Enters India With John Distilleries Deal
Sazerac Co. has acquired an equity stake in India’s John Distilleries. Sazerac declined to specify the size of the stake, but The Times of India reports that it amounts to a 28% share. Sazerac purchased the equity stake from Gaja … Continue readi... Read more
•Luxury goods empire Chanel Group has added another prominent Bordeaux estate to its portfolio, announcing today that it has purchased Château Berliquet in St.-Emilion. Chanel, which is owned by the Wertheimer family, also owns Châteaus Canon and Rauza... Read more
Comments Off on Craft Brewing and Distilling News for October 19, 2017
•Colorado-based Woody Creek Distillers is set to launch a new Single Barrel Rye this month. A single-barrel offshoot of Woody Creek’s flagship 100% Straight Colorado Rye Whiskey ($49.99), the 100-proof entry is aged for a minimum of four years. Woody &... Read more
Comments Off on Exclusive: Sparkling Wine Driving Industry Growth In 2017
Facing fierce competition from spirits and a still sluggish on-premise environment, the U.S. wine market is projected to inch ahead at a modest 1.1% pace this year and reach 330 million nine-liter cases. The projected increase will mark the wine …... Read more
Comments Off on Wine Spectator: Northern California Vintners Assess Wildfire Damage
The smoke and ash remain thick over large parts of Sonoma and Napa Counties, but residents are returning and businesses are reopening. A large board outside Domaine Carneros reads, “Thank you first responders,” echoing dozens of hand-drawn signs lining... Read more
•Diageo-owned Cîroc vodka has launched a new flavored expression, French Vanilla. Retailing at $34 a 750-ml., the new entry joins Red Berry, Coconut, Peach, Pineapple, Apple and Mango in the brand’s flavor range. The launch will be supported by online ... Read more