A major player within the U.S. Bourbon boom, Heaven Hill Brands has been driving growth with its flagship Evan Williams Bourbon brand—up 7% to 2.3 million cases last year—as well as a diverse portfolio of other whiskies spanning a range … Continue reading →
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•Pernod Ricard has completed its sale of Scotland’s Glenallachie Distillery to a consortium led by Scotch veterans Billy Walker, Graham Stevenson and Trisha Savage. The deal, which was for an undisclosed sum, was originally announced in July. Walker sold his … Continue reading →
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•California’s Stone Brewing has launched Vengeful Spirit IPA, its latest seasonal release, to bars and retailers nationwide. Vengeful Spirit is a 7.3%-abv IPA brewed with Herkules, Mosaic, Loral and Mandarina Bavaria hops, along with pineapple and Mandarin orange. The newcomer … Continue reading →
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Following a seven-month transition period, Mahesh Madhavan has officially become CEO of Bacardi Ltd., taking over for outgoing chief executive Michael Dolan. Madhavan’s appointment was announced in March, and was originally scheduled to take effect next April. Concurrent with Madhavan taking … Continue reading →
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As single malt Scotch continues to expand in the U.S., William Grant & Sons’ Glenfiddich and The Balvenie are enjoying rapid growth, with both brands well outpacing the overall category. Glenfiddich—the third-largest single malt Scotch in the U.S.—was up 9.3% … Continue reading →
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•Deutsch Family Wine & Spirits’ Redemption Whiskey has released a limited edition range of barrel proof offerings. Aged between nine to 10 years in charred new oak barrels, the Redemption Aged Barrel Proof collection features three expressions: a Bourbon made … Continue reading →
The post News Briefs for October 2, 2017 appeared first on Shanken News Daily. Read more
•The Craft Beverage Modernization and Tax Reform Act—seeking to reduce taxes for smaller distillers—continues to gain steam in the U.S. Congress. Some 50 Senators have signed on as co-sponsors to the bill, which has bipartisan support and would create a … Continue reading →
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Stoli Group USA is making plans to pour $150 million into a new distillery in Bardstown, Kentucky. Through its parent company SPI Group, Stoli Group has received preliminary approval for up to $2 million in tax incentives “to establish a … Continue reading →
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With the ready-to-drink coffee industry pulling in $2.6 billion, big name beverage alcohol players and hyper-local producers alike are eager to capitalize on the drink’s skyrocketing popularity. As such, a slew of coffee-flavored alcohol beverages—ranging from beers made with coffee … Continue reading →
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